sovereign fund
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Sovereign Wealth Fund of Norway Sold Its Electrica Stake in 2022
The Sovereign Wealth Fund of Norway owned stake in eight companies listed on the Bucharest Stock Exchange as of December 31, 2022, as well as in the real estate developer Globalworth, which has a strong presence in Romania, according to the fund's latest data.
Government Adopts Decree Setting Legal Framework For Establishing Sovereign Funds
Romania's Government on Thursday adopted an emergency decree setting the general legal framework for the establishment of sovereign investment funds, finance minister Eugen Teodorovici said...
FP: Sovereign Fund Bill Leaves State Companies at the Discretion of Political Interference and Abuse
Investment fund Fondul Proprietatea (FP) said in a statement Wednesday it was highly concerned by the bill setting up the general framework applicable to the Sovereign Fund for Development a...
President Challenges Sovereign Investment Fund Bill At Constitutional Court
Romanian President Klaus Iohannis challenged at the Constitutional Court, on Wednesday, a law passed by the Parliament regarding the creation of the Sovereign Fund for Development and Invest...
World Bank Interested In Structuring Romania’s Sovereign Development And Investment Fund
World Bank representatives offered „their full support and availability for collaboration in the structuring of the Sovereign Development and Investment Fund,” Romania’s Economy Ministry sai...
Romanian Government Mulls Setup Of Sovereign Fund For Development And Investment
The Romanian government has discussed on Thursday the setting up of the Sovereign Fund for Development and Investment (FSDI), aimed at developing and financing profitable and sustainable inv...
World’s Biggest Sovereign Fund Doubles Exposure To Romania
Norway’s sovereign fund, with assets five times bigger than Romania’s GDP, in 2014 doubled its bet on Romania, reaching EUR115 million worth of investments in nine Romanian listed companies.