NN Penzijní společnost

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FoundedMarch 15, 1994 (1994-03-15)[1]
Headquarters,
AUMIncrease CZK 49 bn[2] (2023)
Total assetsDecrease CZK 0.8 bn[2] (2023)
NN Penzijní společnost, a.s.
FoundedMarch 15, 1994 (1994-03-15)[1]
Headquarters,
AUMIncrease CZK 49 bn[2] (2023)
Total assetsDecrease CZK 0.8 bn[2] (2023)
OwnerNationale-Nederlanden
Number of employees
Increase 9[2] (2023)
ParentNN Continental Europe Holdings B.V.

NN Penzijní společnost, a.s. is one of the eight Czech pension companies licensed to manage state-sponsored pension funds. The company was incorporated as Průmyslový penzijní fond (Industrial pension fund) in 1994. A few years later ING Group became the sole shareholder, and in 2000 the company was renamed to ING penzijní fond (ING pension fund).[3] In 2004 administrative expenses rose sharply, marketing expenses and personnel expenses were doubled.[4] Company's market share subsequently deteriorated from 12% at the end of 2004[5] to 8% at the end of September 2014.

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