FONDUL PROPRIETATEA
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FP Posts RON502M Loss In January From Asset Reassessment
Fondul Proprietatea (FP.RO) registered a loss of RON502 million (EUR113 million) in January, following the reassessment of its equity portfolio under international reporting standards (IFRS)...
Electrica Might Buy Minority Stakes Of Proprietatea Fund In Its Units
Romanian state-run power distributor Electrica (EL.RO) wants to buy the minority stakes held by investment fund Fondul Proprietatea (FP.RO) in its subsidiaries, the energy company said in a...
FP, AT Kearney: Romania Shouldn’t Boost Energy Production But Efficiency
Romania does not need to increase energy production as the electricity demand will not require such a decision, but improve the efficiency of power stations, according to the representatives...
FP Shareholders Mandate Manager Until July For London Listing
Fondul Proprietatea (FP.RO) shareholders have renewed the fund manager's mandate to list the company on the London Stock Exchange by July, after listing was not achieved last year due to a l...
Fondul Proprietatea Profit Swings Back To Over RON1B
The profit of investment fund Fondul Proprietatea (FP.RO) increased by RON33.2 million in November, after four months of decline, reaching RON1.01 billion (EUR227.3 million) in January-Novem...
FP: Power Distributors’ Profitability Seen Down 12.5% After ANRE Changes
The profitability of electric power distributors will drop by 12.5% after the implementation of the changes proposed by the country’s energy watchdog ANRE, according to investment fund Fondu...
FP Profit Continued Decline In October, Reached RON977.2M In January-October
The profit of Romanian investment fund Fondul Proprietatea (FP.RO) dropped by RON7.4 million in October, the fourth month in a row of decline, and reached RON977.2 million (EUR219.86 million...
Proprietatea Fund Buys Back 0.02% Stake For RON3.4M
Romanian investment fund Fondul Proprietatea (FP.RO) bought back 0.027% of its shares on the Bucharest bourse for RON3.4 million, in the first day of its fourth share repurchase program, the...
Fondul Proprietatea Mulls Sale Of Stakes In Enel Romanian Units
Romanian investment fund Fondul Proprietatea (FP.RO) is interested in selling its stakes in Romanian power companies controlled by Italian utility Enel, the fund’s manager, Greg Konieczny, s...