BT AEGON: EUR 4 million share capital increase, replacing CEO
Mandatory private pension company BT AEGON, ranking seventh on the 2nd pillar market by the number of participants attracted to its fund, will increase its current share capital with EUR 4 million, thus reaching about EUR 17 million, in order to sustain its operational activity.
Also, Marius RATIU is the new CEO of the company, replacing Silvia SIRB, named CEO at AEGON Asigurari de Viata, (a life insurance company to be launched during this year). However, Silvia SIRB will continue to coordinate both activities (insurance and pensions), being AEGON responsible for Romanian market.
Until now, mandatory pension funds have invested about EUR 230 million in share capital only while total investments are approximately half a billion euro, the rest being represented by capital reserves and share capital premiums.
05.07.2008
