FONDUL PROPRIETATEA
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Proprietatea Fund Posts RON557M Profit In January-May
Romanian investment fund Fondul Proprietatea (FP.RO) Friday reported a net profit of 557.1 million lei (EUR126.7 million) at the end of May, versus losses a month earlier, largely fueled by...
Proprietatea Fund Posts RON51.5M Loss In January-April
Romanian investment fund Fondul Proprietatea on Thursday reported a loss of 51.53 million lei (EUR11.6 million) for the January-April period, narrower from around RON79 million at the end of...
Foreign Corporate Investors’ Holdings In Proprietatea Fund Fall To 53.9% In April
Foreign corporate investors lowered their holdings in Romanian investment fund Fondul Proprietatea (FP.RO) to 53.98% in April, from 54.3% a month earlier, the fund said in a stock exchange f...
Fondul Proprietatea Won’t Sell Petrom Shares Any Time Soon
A sale of a significant stake in OMV Petrom (SNP.RO) by Fondul Proprietatea (FP.RO) is in its early stages and will not happen any time soon, according to Franklin Templeton, the manager of...
Hidroelectrica Shareholder Says IPO Likely In 2015
State-run hydropower producer Hidroelectrica’s planned offering of a 15% stake in Bucharest will likely take place next year, once the company completes an insolvency process, according to e...
Franklin Templeton: Best To List Proprietatea Fund In London In Sep-Oct
Romanian investment fund Fondul Proprietatea’s manager Grzegorz Konieczny on Monday estimated the best moment to list the fund’s shares in London would be in September-October.
Proprietatea Fund In Talks To Acquire Minority Stake In Electrica
Romanian investment fund Fondul Proprietatea (FP.RO) is negotiating the acquisition of a minority stake in state-owned electricity distributor SC Electrica SA in exchange for its holdings in...
Proprietatea Fund OKs London Listing Plans
Romanian investment fund Fondul Proprietatea (FP.RO) on Monday approved a proposal lodged by fund manager Franklin Templeton Investment Management for a secondary listing of the fund’s share...
Proprietatea Fund 1Q Loss Widens To RON79M
Romanian investment fund Fondul Proprietatea Tuesday reported a loss of roughly 79 million lei (EUR19 million) for the first quarter, sharply wider from RON5.57 million in the year-earlier p...