“Unrealized gain from equity investments at fair value through profit or loss for 2021 of RON 4,591.1 million was generated by the positive change in fair value of part of the Fund’s holdings as a result of the year end valuation, mainly due the increase in value for Hidroelectrica SA (unrealized gain of RON 3,911.6) and by the positive evolution of OMV Petrom SA share price, the largest listed holding (unrealized gain of RON 537.1 million),” the report says.
On December 31, 2020, Fondul Proprietatea had RON13.8 billion in total equity, an increase of 34% year on year.
(English version by Loredana Fratila-Cristescu)