FONDUL PROPRIETATEA
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US Elliott Associates Holds 12.91% In Romania Proprietatea Fund
New York-based hedge fund Elliott Associates L.P., a unit of Elliott Management Corp, together with sister company Beresford, own an aggregate 12.91% in Romanian investment fund Fondul Propr...
After Running Out Of Proprietatea Shares, Romania Seeks Ways To Compensate Former Owners
Over 40,000 former owners have been left stranded after the Romanian government ran out of Fondul Proprietatea (FP.RO) shares and don’t know how they will be compensated for being stripped o...
Erste Cuts Romanian Proprietatea Fund Target Price To RON0.51/Share
Austria’s Erste Group Bank Tuesday cut by 29% to 0.51 lei (EUR0.117) a share its 12-month target price on Romanian investment fund Fondul Proprietatea (FP.RO), while keeping its recommendati...
Finance Ministry Has 0.02% Distributable Stake In Fondul Proprietatea
The Finance Ministry transferred a total 1.48% in investment fun Fondul Proprietatea (FP.RO) in December, which leaves it with a 0.02% stake to be granted as compensation.
Which Companies Could Bring Investors Yields Higher Than Bank Interests
The most profitable state-run companies on the Bucharest stock exchange--Transgaz Medias (TGN.RO), Conpet Ploiesti (COTE.RO) and this year Transelectrica (TEL.RO) as well--could pay dividend...
Minor Stake In Proprietatea Fund Sold On Bucharest Bourse For RON27M
A 0.46% stake in investment fund Fondul Proprietatea (FP.RO) was sold Friday on the Bucharest bourse's deal market for 27.1 million lei (EUR6.3 million).
Franklin Templeton Says Court Decision Without Material Effect On Proprietatea Fund
A Bucharest Court’s ruling to cancel several decisions taken by the shareholders of Romanian investment fund Fondul Proprietatea (FP.RO), including the appointment of Franklin Templeton as s...
Court Decision Voids Franklin Templeton Role As Proprietatea Fund Manager
The Bucharest court decided to cancel a shareholder decision from September 2010, which amended the statute of investment fund Fondul Proprietatea (FP.RO) and enabled the appointment of Frna...
Proprietatea Fund Profit Rises To RON536M In November
Romanian investment fund Fondul Proprietatea Thursday said its net profit inched up 0.5% to 536 million lei (EUR123.4 million) in November, from RON533.4 million a month earlier.