Overall costs rose 76% to RON42.9 million (EUR10.2 million), the fund said in its financial report.

SIF Banat-Crisana said net profit rose to RON89.9 million (EUR21.5 million), from RON22.3 million in the first half of 2010. The figures are unchanged from a monthly report published mid-June.

End-June, the fund posted net assets of RON1.46 billion, down 4% from RON1.52 billion in the year-ago period.

At 13:40 local time, SIF Transilvania traded up 7.1% at RON0.415 a share in Bucharest. (EUR1=RON4.2784)