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FONDUL PROPRIETATEA

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Economy Ministry Won’t Sell Salrom
Companies

Economy Ministry Won’t Sell Salrom

Economy Ministry will not sell its stake in salt producer Salrom, a top ten company in Europe in its industry, and will not have it float either. However, it is willing to buy Fondul Proprie...

Loredana Frățilă-Cristescu · 10.09.2015 · 00:00 · 1 min
Nearly 33% Stake In Fondul Proprietatea Was Transferred On London Bourse
Capital Market

Nearly 33% Stake In Fondul Proprietatea Was Transferred On London Bourse

A stake of 32.08% in Romanian investment fund Fondul Proprietatea (FP.RO) was transferred on London Bourse as Global Depositary Receipts GDRs.

Manuela Panescu · 07.09.2015 · 16:00 · 1 min
Swedish Funds East Capital Moves Fondul Proprietatea Stake To London Bourse
Capital Market

Swedish Funds East Capital Moves Fondul Proprietatea Stake To London Bourse

Swedish investment funds East Capital, some of the largest foreign investors on the Bucharest Stock Exchange, transformed the shares owned in Romanian investment fund Fondul Proprietatea (FP...

Manuela Panescu · 04.09.2015 · 15:00 · 1 min
OMV Petrom Seeks Secondary Listing in London
Capital Market

OMV Petrom Seeks Secondary Listing in London

Shareholders of Romania’s largest public company OMV Petrom (SNP.RO) are called to vote on the secondary listing of the oil&gas producer’s shares in London.

Bogdan Neagu · 19.08.2015 · 10:32 · 1 min
Proprietatea Fund Completes Fifth Share Repurchase Program
Capital Market

Proprietatea Fund Completes Fifth Share Repurchase Program

Romanian investment fund Fondul Proprietatea (FP.RO) on Friday said it has completed a fifth share repurchase program under which it bought back 1.86% of its share capital in exchange for RO...

Ecaterina Craciun · 31.07.2015 · 12:51 · 1 min
Fondul Proprietatea Profit Down Threefold To RON356M In January-June
Capital Market

Fondul Proprietatea Profit Down Threefold To RON356M In January-June

Investment fund Fondul Proprietatea (FP.RO) reported a profit of RON356.6 million (EUR80.2 million) in January-June, threefold lower from the record profit of RON1.06 billion posted in the s...

Gabriela Stan · 15.07.2015 · 13:42 · 1 min
New EUR3B Compensation Gray Market In The Making
Capital Market

New EUR3B Compensation Gray Market In The Making

While the National Anticorruption Directorate is investigating the intermediaries involved in the property restitution cases of 2005-2011, influential people are accumulating compensation po...

Loredana Frățilă-Cristescu · 03.07.2015 · 00:00 · 2 min
Energy

Fondul Proprietatea Sets Against Energy Ministry In Nuclearelectrica's Capital Hike Issue

Romanian Energy Ministry, majority stockholder with Romanian nuclear power company Nuclearelectrica (SNN.RO), will be subpoenaed in October, next to the energy producer, in a trial against F...

Manuela Panescu · 16.06.2015 · 14:05 · 1 min
E.ON Romania Rejects Fondul Proprietatea’s Accusations, Says Consulting Contracts Perfectly Legal
Energy

E.ON Romania Rejects Fondul Proprietatea’s Accusations, Says Consulting Contracts Perfectly Legal

E.ON Romania firmly rejected Monday the accusations made by Franklin Templeton, administrator of Romanian investment fund Fondul Proprietatea (FP.RO), arguing there is no conflict of interes...

Ecaterina Craciun · 18.05.2015 · 18:11 · 1 min