Speaking at an event celebrating one year since the fund’s listing in Bucharest, Konieczny said an exact statement on the issue will be released at the right moment.

Fondul Proprietatea, set up in 2005 to compensate Romanians whose properties were seized during communism, is managed by Franklin Templeton Investments.

The fund owns important stakes in large energy and natural gas companies, including Enel Distributie Muntenia, GDF Suez Energy Romania, Nuclearelectrica, Hidroelectrica, OMV Petrom (SNP.RO), Transgaz (TEL.RO) and Romgaz.

Franklin Templeton’s officials said Romania should not have difficulties in launching its planned offerings on the Bucharest Stock Exchange this year, despite the current economic problems in the eurozone.

“I don’t believe things in Europe are as bad as they are portrayed in the media,” said Mark Mobius, executive chairman of Franklin Templeton Emerging Markets.

Fondul Proprietatea was floated in Bucharest in January 2011 and is slated for a secondary listing in Warsaw in the first half of 2012.

At around 12:30 hours Wednesday, Fondul Proprietatea traded up 0.21% at RON0.469 a share.