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Capital Market

Foreigners Held 31% Of Fondul Proprietatea Shares In April

Foreign investors continued buying shares in Romanian investment fund Fondul Proprietatea (FP.RO) in April, bringing the total foreign-owned stake to 31.03%, from 29.06% in the previous mont...

Andrei Cîrchelan · 05.05.2011 · 19:36 · 1 min
Capital Market

Public Companies Must Reveal Shareholders Who Submit Meeting Proposals

Companies listed on a regulated market must make public the identity and participation of any shareholder who requested the introduction of new items on the general meeting's agenda, accordi...

Radu Bostan · 21.04.2011 · 10:55 · 1 min
Energy

Oltchim Plans New Restructuring Scheme

Romanian state-owned chemical company Oltchim Ramnicu-Valcea (OLT.RO) plans a new restructuring scheme, since the current one is deemed too slow and ineffective, according to the agenda for...

Andrei Cîrchelan · 15.04.2011 · 12:36 · 1 min
Automotive

Romanian Aerostar To Hike Shr Cap By RON8.2M, To RON37.4M

Shareholders of Romanian plane parts maker Aerostar Bacau (ARS.RO) Wednesday agreed on a capital increase by 8.2 million lei (EUR1=RON4.1152), to RON37.4 million, a dividend payment worth a...

Andrei Cîrchelan · 13.04.2011 · 12:25 · 1 min
Capital Market

Romanian Depository To Issue Docs For Proprietatea Fund Hldrs

Shareholders of Romanian investment fund Fondul Proprietatea can now obtain account statements and other data from the Central Depository, the depository said Tuesday.

Andrei Cîrchelan · 18.01.2011 · 14:49 · 1 min
Capital Market

Romanian Proprietatea Fund Manager Plans New Voting System

Romanian Proprietatea fund manager Franklin Templeton plans to change voting rules for shareholders, allowing one vote for each share, as soon as the state reduces its stake to less than 33%...

Andrei Cîrchelan · 17.01.2011 · 13:17 · 1 min