In a few words, here is the picture of the Romanian mandatory private pensions market, after the first 8 months of 2009:

• mandatory pension funds returned and average of 11.31% in the first 8 months of 2009;
• voluntary pension funds returned an average of 10.73% in the same period;
• all 25 funds returned net real values (above inflation rate) in the last 12 months;
• net assets of Romanian pension fund industry surpassed EUR 476mn.