The Pilon II private pension funds, to which employees in our country contribute 4.75% of their gross monthly income, bought Hidroelectrica, Romgaz and BRD-Groupe Societe Generale shares in the first six months of the year, but sold their holdings in Banca Transilvania and OMV Petrom, according to our calculations based on the reports of the managers of the seven funds. On the one hand, the moves were dictated, in part, by a legislative limitation according to which the funds can invest only 5%

Tag-uri: BRD Hidroelectrica OMV OMV Petrom Banca Transilvania