The fund will distribute a gross dividend of RON0.16 a share, up from RON0.13 a share paid last year.
SIF Oltenia reported a 47% increase in its net profit to RON130 million in 2013. The remaining RON37.2 million will be used to finance the fund’s investments.
Also on Tuesday, SIF Oltenia’s shareholders appointed three new Board members, namely Nicolae Stoian, Carmen Popa and Iulius Grigore Postolache. (EUR1=RON4.3955)