SHAREHOLDERS
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Stocks Generate Higher Quarterly Profit Than Three Years' Worth Of Banking Interest
The Bucharest Stock Exchange grew by almost 24% in the first quarter, if looking at its main index, BET, due to improvement in companies’ performance and a rebound in international markets.
Fondul Proprietatea Calls Shareholders To Discuss Asset Sale
Romanian investment fund Fondul Proprietatea (FP.RO) Wednesday called a shareholder meeting for April 4, to hold debates on a proposition to sell assets and distribute the cash to shareholde...
SIF Shareholders To Face CNVM Scrutiny
Romanian securities regulator CNVM will be the only authority enabled to decide whether shareholders at the five regional investment funds, or SIFs, are acting in concert and hold more than...
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...
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.
Banca Carpatica Needs A Foreign Investor - Analysts
The progress of Banca Comerciala Carpatica (BCC.RO), controlled by Sibiu-based businessman Ilie Carabulea, will depend over the next year on how much the lender will consolidate by attractin...
State-Owned Stake In Fondul Proprietatea Narrows To 4.19%
The Finance Ministry transferred in November a total 1.74% stake in investment fund Fondul Proprietatea (FP.RO), as compensation, which narrowed the ministry's stake in the fund to 4.19%.
Fondul Proprietatea Moves Into The Hands Of Large Private Investors
The shareholders of regional investment fund Fondul Proprietatea (FP.RO) Wednesday eliminated the voting restrictions in place up to now, in the last step towards large private investors tak...
Manchester Securities Corp Becomes Largest Shareholder In Fondul Proprietatea
The Finance Ministry transferred a total 1.65% in investment fund Fondul Proprietatea (FP.RO) in October, as compensation, which narrowed the state’s stake in the fund to 5.93%, while privat...