 |
|
|
|
|
|
 |
|
|
|
| Slovak Finax enters Irish market with European pensions |
| Bratislava, 28.05.2026 |
|
| Slovak investment platform Finax is entering the Irish market, where it plans to offer a Pan-European Personal Pension Product (PEPP). It is doing so at a time when pension reform is underway in Ireland. The European pension complements existing state and private pension schemes and responds to the growing mobility of the workforce in Europe. The company's PR chief Linda Gáliková announced this on Wednesday.
She pointed out that Ireland is currently one of the youngest countries in the European Union (EU), but at the same time, the number of people over 65 is expected to almost double in the coming decades. This creates pressure on individual pension provision and demand for complementary products.
“For us, Ireland is more than just another market on the map. We are bringing the European Pension to the Irish market, which allows people to build their retirement savings simply, transparently and transferably across EU countries. We believe that this product has great potential in Ireland, as it is a country with one of the largest concentrations of foreign workers in Europe, high workforce mobility and growing demand for modern financial solutions,” said Juraj Hrbatý, CEO of Finax.
The entry into the Irish market is also part of the company’s broader expansion strategy, which is financed by a public offering of shares. As part of this, it received 8.4 million euros from investors last year, which is aimed not only at strengthening activities in existing markets in Slovakia, Poland and Croatia, but also at gradually expanding its operations in Western and Southeastern Europe. The first country in this expansion is Ireland.
"We consider the European pension to be an important pillar of our further growth in Europe. Therefore, we plan to continue expanding it to other European markets, especially to countries with high labor mobility and growing demand for modern pension solutions, such as Romania, Italy, Spain, France, Germany and others," announced Hrbatý, adding that the goal is to gradually build a pan-European pension investment platform.odkaz na stránku |
|
|
|
|
|
|
|
|
|
|
|
|
Address : Euro-Brew Ltd., Hlboká 22, 917 01 Trnava, Slovakia
Tel. : +421 33 53 418 53, Fax : +421 33 53 418 52, E-mail : info@eurobrew.sk |
|
|
