Its 14.98% stake in Transgaz was sold at a price of RON172 per share. On Wednesday, Transgaz closed at RON177.9 a share.
Fondul Proprietatea said recently it would sell a 10% stake in Transgaz via a private offering.
In May, Proprietatea sold a 1.1% stake in oil company OMV Petrom (SNP.RO) for RON246.6 million, to obtain funds for a share buyback program.
Proprietatea redeemed 8.87% of its shares through buyback programs carried out in 2011 and this year.
In 2013, the fund bought back 7.55% of its own shares for RON911.3 million. (EUR1=RON4.453)