Pillar II Invests Billions in Romanian Strategic Energy — NRG-IA

Over 8.3 million Romanians contributing to Pillar II have become, indirectly, exposed to Romania's major listed companies. The most visible sector is energy: OMV Petrom, Romgaz, Hidroelectrica, Transgaz, Transelectrica, and Nuclearelectrica feature in private pension fund portfolios, and the capital allocated to these companies turns Pillar II into one of the most important institutional investors in the Romanian energy sector. Economica.net notes that 8.32 million Romanians are exposed through pension funds to companies listed on the Bucharest Stock Exchange, given that the seven privately managed pension funds allocate nearly 30% of contributions to listed companies. Private pensions flow into companies that produce, transport, and balance energy Data compiled by Economica.net , based on fund managers' reports, show that as of January 30, 2026, Pillar II's largest allocations in listed Romanian companies included OMV Petrom with approximately RON 8 billion, Romgaz with RON 6.7…