New pension fund in Serbia – "Garant" pension association intends to conquer 20% of local market

- "Garant" Pension Association, of which founders are "Eki investment" from Belgrade and "Poteza" Group from Slovenia, is planning to conquer about 20% of the Serbian market in the next three years - said the Manager of that Association, Miroslav Ekart.

Ekart explained that the company was the second private pension fund to receive a work permit from the National Bank of Serbia. He pointed out that the basic capital of the new pension fund in Serbia equalled two million euros, and added that, in only few days of business, contracts had been signed with seven Serbian companies.

- "Garant" Pension Fund operates in regional countries, where it manages the means of eight pension funds, with about 125,000 insurance clients. Our company is very optimistic as far as Serbian market is concerned and it expects that, in the years that follow, the Fund will have 100,000 insured clients in Serbia - Ekart explained.