STOCK
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Listed Construction Companies Make Overall Losses Of RON44M In First Nine Months
Most construction companies on the stock exchange posted turnover declines, low profits or losses, which shows that 2012 will most likely be another “failed” year for companies in this secto...
Largest Transaction In Fondul Proprietatea Shares Since Listing: EUR45M
A stake of 357 million Fondul Proprietatea (FP.RO) shares or 2.59% of its share capital was transferred in a deal on the stock market for 199.4 million lei (EUR45.2 million) but the buyers a...
Government Is Committed To List EUR10B Companies By Yearend, But Will It Deliver?
The Government is bound by law to list stakes of at least 5% in 19 companies controlled by the state by the end of the year, which are included in the portfolio of Fondul Proprietatea (FP.RO...
Minor Stakes In State-Owned Companies Will Not Draw Big Players – E.ON
Large players on the energy market will not be interested in the minority stakes sold by Romania in state-owned companies, Wednesday said Frank Hajdinjak, chief executive officer of E.ON Rom...
South-Korean Firm Wants Stake In Romanian Nuke JV
A South-Korean company is willing to buy “no matter how much” in EnergoNuclear, the project company building reactors 3 and 4 at Romania’s sole nuclear power plant in Cernavoda, Monday said...
Two Hundred Romanians Make Money On Wall Street
Some 200 Romanians are investors on the NYSE and NASDAQ markets in the US, the world’s largest. The value of investments operated by them revolves around several million euros, according to...
Owners Of Online Retailer Fungift.Ro Sell 80% Of Stock
Marius Cristian Ciocan and Laura Ciocan, owners of online retailer Fungift.ro, set up in 2006, sold 80% of the stock they hold in the company in late June to a company registered in Belgium,...
Equity Fund Investors Don’t Trust The Rise Of The Stock Exchange
The five largest equity funds have lost 300 investors since the beginning of the year and recorded net withdrawals of around 15 million lei (EUR 3.59 million), although the overall trend of...
What Does Templeton Plan To Do With The Stock Repurchased By Fondul Proprietatea?
Franklin Templeton, the manager of the EUR4 billion assets of Fondul Proprietatea (FP.RO), plans to cancel all the 66.7 million shares the fund has so far repurchased from the Bucharest bour...