NN Penzijní společnost
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| Founded | March 15, 1994[1] |
|---|---|
| Headquarters | , |
| AUM | |
| Total assets | |
| Owner | Nationale-Nederlanden |
Number of employees | |
| Parent | NN 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.