BT gets approval to acquire BRD Pensii and pension fund

Business Forum

14 November, 2025 at 9:15 AM

BT and BT Investments have received approval from the Financial Supervisory Authority to acquire BRD Pensii and the BRD mandatory private pension fund (pillar 2).

The transfer of ownership of BRD Pensii will take place during this month, after which the company and the BRD pension fund (pillar 2) will become part of the BT Group.

The BT Group will publicly communicate regarding the completion of the acquisition, as well as details about its impact on business and the private pension market in Romania.

In May 2024, BT, BT Investments, BRD-Groupe Societe Generale and Societe Generale Assurances announced the conclusion of an agreement for the acquisition of BRD Pensii by companies of the BT Financial Group. At that time, BRD Pensii administered pension funds from pillar 3 and pillar 2.

In April 2025, as a first step within the announced agreement, BT Pensii became administrator of the FPF BRD Medio fund, renamed Pensia Mea Plus.

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