The fund said Friday its revenues increased 12% in 2012 to RON159.1 million, from RON141.7 million in the previous year. Its overall expenses dropped 35% on the year to RON42.2 million.

SIF Crisana-Banat had total assets of RON959 million at the end of 2012, up 31% on the year. Fixed assets were worth RON814 million, up 37%, and current assets amounted to RON144 million, 5% higher against 2011.

In the first hour of trading on the Bucharest stock market Friday, SIF Crisana-Banat traded down 1.1%, at RON1.254 a share. (EUR1=RON4.3828)