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UK’s Investment Fund Spearhead International Owns 18,000 Ha Of Farmland In Romania
Companies

UK’s Investment Fund Spearhead International Owns 18,000 Ha Of Farmland In Romania

British investment fund Spearhead International, a very discreet player in the Romanian business world, has bought 3,000 ha of land in the southern Romanian county of Dolj, now owning a tota...

Manuela Panescu · 28.11.2012 · 00:00 · 1 min
Erste Merges Its Funds Into A Giant One Of RON3.1B
Capital Market

Erste Merges Its Funds Into A Giant One Of RON3.1B

Erste Asset Management, the asset manager of the BCR group, will merge its two largest funds, BCR Monetar and BCR Obligatiuni, into a giant fund with cumulated assets of 3.1 billion lei (aro...

Roxana Pricop · 14.06.2012 · 00:00 · 1 min
Banks-Insurance

Romania Eyes Setting Up New Development Fund

Romanian Prime Minister Mihai Razvan Ungureanu recently said the Government plans to set up a new National Development Fund to be fueled with money obtained by the state from privatizations.

Ecaterina Craciun · 04.04.2012 · 12:49 · 1 min
Banks-Insurance

Romanian Insurers Exempt From Contributing To Road Accident Victim Fund In 2012

Romanian companies that issue mandatory car insurance policies (RCA) will not contribute this year to the fund protecting road accident victims, as the fund has enough resources to cover pos...

Ioana Tudor · 02.04.2012 · 14:45 · 1 min
Government To Set Up Credit Fund To Help Farmers Co-Finance EU-Funded Projects
Banks-Insurance

Government To Set Up Credit Fund To Help Farmers Co-Finance EU-Funded Projects

The Romanian Government will create a credit fund meant to help farmers who want to carry out EU-funded projects co-finance investments, according to a draft emergency ordinance.

Ioana Tudor · 23.03.2012 · 17:04 · 1 min
Capital Market

12 Asset Managers Handle EUR7.8B In Romania

Who are the 12 people who handle EUR7.78 billion worth of assets?

Daniela Stoican · 01.12.2011 · 00:00 · 4 min
Capital Market

How Much Money Private Pension Funds Have Made Over The Past Year

Mandatory private pension funds have narrowly escaped the severe corrections recorded on the stock exchanges under the impact of the sovereign debt crisis and posted yields of up to 5.7% ove...

Roxana Pricop · 24.11.2011 · 00:00 · 2 min
US Fund Holds More Than Romania In Proprietatea Fund
Capital Market

US Fund Holds More Than Romania In Proprietatea Fund

An investment fund controlled by American hedge fund Elliott Associates, has recently been reported as the largest institutional shareholder of investment fund Fondul Proprietatea, with 6.61...

Roxana Pricop · 10.10.2011 · 00:00 · 2 min
Audas Piscator, A Mutual Fund With 14% Yield In One Month
Capital Market

Audas Piscator, A Mutual Fund With 14% Yield In One Month

Diversified fund Audas Piscator, one of the smallest on the market, is the top performer among mutual funds with a 14% return in euros over the past month. The strategy behind the solid perf...

Roxana Pricop · 28.09.2011 · 00:00 · 2 min