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Romanian Open-End Fund Assets Up 3% To RON11.45B In October
Capital Market

Romanian Open-End Fund Assets Up 3% To RON11.45B In October

The combined net assets of Romanian open-end investment funds climbed 3% on the month to 11.45 billion lei (EUR2.57 billion) in October, the local Association of Asset Managers, or AAF, said...

Ioana Tudor · 12.11.2013 · 15:14 · 1 min
Fondul Proprietatea’s Profit Falls 7% To RON535M In January-September
Capital Market

Fondul Proprietatea’s Profit Falls 7% To RON535M In January-September

Romanian investment fund Fondul Proprietatea (FP.RO) registered profit of 535.2 million lei (EUR121.4 million) in the first nine months of 2013, down about 7% from RON574.5 million in the si...

Ioana Tudor · 14.10.2013 · 12:10 · 1 min
Private Pension Funds’ Net Assets Exceed EUR3B At End-September
Banks-Insurance

Private Pension Funds’ Net Assets Exceed EUR3B At End-September

The net assets of Romanian mandatory (Pillar II) and voluntary (III) private pension funds reached 13.5 billion lei (EUR3.02 billion) at the end of September, the Romanian association of pri...

Ioana Tudor · 07.10.2013 · 11:48 · 1 min
SSIF Broker Took Over 380 Clients With Assets Of RON54M From Avantgarde
Capital Market

SSIF Broker Took Over 380 Clients With Assets Of RON54M From Avantgarde

SSIF Broker (BRK.RO) said Monday it has taken over about 380 clients, with assets worth 54 million lei (EUR12 million), from brokerage firm Avantgarde Finance, which will cease operations.

Ioana Tudor · 30.09.2013 · 18:57 · 1 min
How Can Investors Check If They Still Hold Shares On BVB?
Capital Market

How Can Investors Check If They Still Hold Shares On BVB?

The case of the share theft in which Ana Maria Mihaescu, head of the IFC mission in Romania, had shares worth 900,000 lei stolen from her account, raises new questions as to the safety of ho...

Oana Gavrila · 23.09.2013 · 08:22 · 4 min
SIF Transilvania Most Profitable SIF In January-August
Capital Market

SIF Transilvania Most Profitable SIF In January-August

SIF Transilvania (SIF3.RO) held its position as the most profitable Romanian investment fund in the first eight months of the year, with net profit of 214 million lei (EUR47.8 million).

Ioana Tudor · 13.09.2013 · 18:52 · 1 min
Fondul Proprietatea’s Net Assets Up 1% In August, To RON15.18B
Capital Market

Fondul Proprietatea’s Net Assets Up 1% In August, To RON15.18B

Romanian investment fund Fondul Proprietatea (FP.RO) Friday said its net assets inched up 1% in August, to 15.184 billion lei (EUR3.38 billion), but it posted loss of RON5.6 million.

Ecaterina Craciun · 13.09.2013 · 12:34 · 1 min
Romanian Open-End Fund Assets Up 2.1% To RON10.7B In August
Capital Market

Romanian Open-End Fund Assets Up 2.1% To RON10.7B In August

The combined net assets of Romanian open-end investment funds climbed 2.1% on the month to 10.711 billion lei (EUR2.3 billion) in August, data from the local Association of Asset Managers, o...

Ioana Tudor · 09.09.2013 · 17:00 · 1 min
GTC’s City Gate In Bucharest Down Nearly EUR10M In Value Since Start Of 2013
Real Estate

GTC’s City Gate In Bucharest Down Nearly EUR10M In Value Since Start Of 2013

The value of office compound City Gate in capital city Bucharest, held by Israeli real estate developer Globe Trade Center (GTC), decreased by EUR9.7 million in the first half of 2013, to EU...

Ecaterina Craciun · 20.08.2013 · 14:22 · 1 min