ASSETS
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SIFs' Net Assets Rise Slightly To RON7.36B In May
The five regional investment funds (SIFs) reported combined net assets worth 7.36 billion lei (EUR1.76 billion) in May, up 0.4% from a month earlier.
Mutual Fund Management Turns Into Lucrative Business After 15 Years
After more than 15 years since the development of the first investment fund, asset management has become a profitable business in Romania as well.
CA Immo's Romanian Assets Valued At EUR444M
The market value of assets owned by CA Immo in Romania reached EUR444 million after the takeover of Europolis, according to company data.
Weight Of Shares In Private Pension Fund Assets Seen At 20% By Yearend
The weight of shares in the total assets of Romania's private pension funds could increase to at least 20% by December 2011, from 14.5% in April, because of lowered state bond yields, said C...
Tourism Ministry To Auction Off Assets In Mamaia Starting At EUR4.2M
Mamaia SA, controlled by Romania's Ministry of Regional Development and Tourism, will again put three of its assets – a hotel complex, a villa and a plot of land – on sale through an open au...
SIFs' Assets Inch Up 0.5% In April, To RON7.33B
The cumulated net assets of Romania’s five regional investment funds, or SIFs, rose 0.5% in April, to 7.33 billion lei (EUR1.78 billion) from RON7.29 billion in the previous month, with SIF...
Romanian Open-End Funds' April Net Subscriptions At RON102.8M, Down 47.3% On Month
Romanian open-end investment funds drew net subscriptions worth 102.8 million lei (EUR25.14 million) in April, while the overall value of their net assets rose 1.3% on the month, to RON6.23...
Unirea Shopping Centers Evaluated At RON432M In '10
Unirea Shopping Center (SCDM.RO) evaluated its two shopping centers, in Bucharest and Brasov, at 432.2 million lei (EUR101 million) end-2010, down from RON479 million at the end of 2009.
Weight Of Shares In Romanian Private Pension Fund Assets Could Increase To 25% In Next Five Years
The weight of shares in the total assets of Romania's private pension funds could increase to at least 25% in the next five years, from the current 15%, if the number of Bucharest Bourse (BV...