The seven mandatory private pension funds in Romania, known as Pillar II, generated an annual average yield of 18.2% in the last 12 months (between October 2023 and October 2022), for the 8 million Romanian participants, way above the inflation rate of 8.07% during this interval.
Romania's energy ministry wants state-run nuclear power company Nuclearelectrica (SNN.RO) to conclude a contract of EUR145 million with the European Investment Bank (EIB) for the financing of the "Cernavoda NPP Tritium Removal Facility" project, as per the convening notice published at the Bucharest Stock Exchange on Nov 14.
The largest share buyback offering on the Bucharest Stock Exchange, one which has the potential to reach RON1 billion, conducted by Fondul Proprietatea (FP.RO) to repurchase its shares from investors has only attracted orders for 6% of the total midway through it.