Senior Editor
Roxana Pricop
- Fields
- Capital Market, Banks-Insurance, Companies
- Writing for ZF since
- 2011
- Articles
- 53
ASF: 75% Of Brokers Posted Losses In 1H
A number of 21 brokerage companies of all authorized 28 switched on losses in 2015, compared with 16 companies end-2014, on the backdrop of a reduced activity on the Bucharest Stock Exchange...
Antibiotice Iasi Suspends Pay Of Remaining Dividends For 2011's Profit
Romanian state-run drugmaker Antibiotice Iasi (ATB.RO) Tuesday said on the Bucharest Stock Exchange it will suspend the payment of the dividends due for 2011 and not cashed by the stockholde...
SIF Triple Profits From Share Sales
Four of the five regional investment funds (SIF), ended the first half with cumulated profits of 331.3 million lei (EUR73 million), 3.7 times higher than last year, mainly because of the sal...
Erste Merges Its Funds Into A Giant One Of RON3.1B
Erste Asset Management, the asset manager of the BCR group, will merge its two largest funds, BCR Monetar and BCR Obligatiuni, into a giant fund with cumulated assets of 3.1 billion lei (aro...
Largest Transaction In Fondul Proprietatea Shares Since Listing: EUR45M
A stake of 357 million Fondul Proprietatea (FP.RO) shares or 2.59% of its share capital was transferred in a deal on the stock market for 199.4 million lei (EUR45.2 million) but the buyers a...
Money-Market Funds Get Most Investments, But Equity Funds Are More Profitable
Investments in mutual funds rose to 170 million lei (about EUR39 million) in February, which shows a rebound of the market after the decline in the last quarter of 2011.
Stricter Rules For Monetary Funds
Monetary funds, the biggest mutual funds in Romania with total assets of more than 3.8 billion lei (almost EUR900 million), have less than six months left to decide whether or not they shoul...
BCR Sees EUR120M Pretax Profit In 2012
Romania’s largest lender by assets Banca Comerciala Romana (BCR), a unit of Austrian Erste Group Bank AG, estimates a pretax profit of 516 million lei (EUR120 million) in 2012, people in the...
After Running Out Of Proprietatea Shares, Romania Seeks Ways To Compensate Former Owners
Over 40,000 former owners have been left stranded after the Romanian government ran out of Fondul Proprietatea (FP.RO) shares and don’t know how they will be compensated for being stripped o...
Mutual Fund Review Of 2011: Good Performance In Troubled Economy
The mutual fund administrators are preparing to end the year with 1 billion lei (about EUR230 million) in new funds and with over 11,500 new investors, a performance achieved during extremel...
MPs' Disinterest In The Bill Raising SIF Cap Angers Investors
Deputies once again put off discussing the raising of the SIF holding cap in Tuesday’s plenary session of the Chamber of Deputies. The news was received with great disappointment by investor...
US’s Templeton Asks For Extended Powers At Proprietatea Fund
American company Franklin Templeton, manager of the EUR3.6 billion assets of regional investment fund Fondul Proprietatea (FP.RO), is asking shareholders to allow it to decide on its own on...