DOINGBUSINESS.RO

  |  2013-02-04

Merger between Pensia Viva and Alico was approved

In the meeting of 30 January, the Supervisory Commission of the Private Pension System (CSSPP) approved the merger between Pensia VIVA private pension fund and ALICO private pension fund, shows a press release issued on Monday

"In recent years, the private pension market has been consolidated through mergers, as part of a natural process of evolution of the financial sector. As long as it does not affect the competitiveness of the system, this process helps stabilize the market, " said Marian Sarbu, President of CSSPP.

 

Read the entire article in Romanian, here.

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