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Closing: BT Pensii's Acquisition of BRD Medio Fund Now Closed

Romania
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On December 3, 2025, Filip & Company announced that Banca Transilvania Group's acquisition of BRD Medio Fund (as reported by CEE Legal Matters on May 7, 2025) has now closed.

According to Filip & Company, this marks BT’s entry into “Pilon II” privately managed pension funds market.

As previously reported, Filip & Company has advised BT Pensii on its takeover of the voluntary pension fund BRD Medio. Popovici, Nitu, Stoica & Asociatii advised the Societe Generale Group.

According to Filip & Company, this transaction follows the 2024 agreement under which Banca Transilvania Financial Group and BT Investments acquired BRD Pensii, the administrator of the BRD Medio and BRD FPAP Pilon II funds, from BRD-Groupe Societe Generale and Societe Generale Assurances. With this acquisition, BT Pensii will manage two Pillar III funds, Pensia Mea and Pensia Mea Plus, servicing over 150,000 participants.

The Filip & Company team included Partners Alina Stancu Birsan and Olga Nita, Counsel Rebecca Marina, Senior Associates Roxana Diaconu and Roxana Rosca, and Associates Raluca Bita, Sergiu Paun, and Sebastian Dragomir.

The PNSA team included Managing Partner Florian Nitu, Partners Silviu Stoica and Raluca Rusu, and Managing Associate Diana Dobra.

Filip & Company at a Glance

Filip & Company is one of the leading law firms in Romania providing top quality assistance in all relevant areas of law for businesses operating in Romania or considering Romania. Specialized in complex projects that require an innovative approach, Filip & Company lawyers have significant experience in various areas, such as infrastructure and concession, mergers and acquisitions, energy, corporate, real estate, competition law, finance, and capital markets but also labour law, data protection, consumer or environment protection. The law firm also provides legal assistance and representation in disputes and arbitrations with significant implications for the clients’ businesses.

To find out more about Filip & Company’s expertise areas and team, please visit https://filipandcompany.com/