It said total revenues declined 43% on the year, to RON70.9 million.
At the end of 2020, the fund had net assets of RON2.06 billion, down from RON2.38 billion at the end of 2019, and its total debts stood at RON188.8 million, down 9.4% on the year.
It said its equity portfolio had a market value of RON2.01 billion, down 11.51% compared with 2019, mainly due to declines in share prices on the local capital market.
At the end of 2020, SIF Oltenia had holdings in 42 companies from 45 in 2019. The funds portfolio includes stakes major issuers like Banca Transilvania (where it owns 4.13%), BRD (4.11%), OMV Petrom (1.01%), Transelectrica (3.69%), Transgaz (2.06%), Romgaz (0.58%), Antibiotice Iasi (19.04%), and Argus Constanta (86.4%).
SIF Oltenia has a market capitalization of RON989 million and its shares have been trading up 5.56% since the beginning of 2021.