Net profit tripled in 2011 as well, to 207.72 million lei (EUR49 million) from RON66.91 million.
The fund’s expenditure cumulated RON77.56 million, up 66% from RON46.71 million in 2010.
Debt narrowed by 28.7%, to RON46.09 million from RON64.69 million.
SIF Transilvania and SIF Moldova (SIF2.RO) were the only two SIFs to sell their entire 6% BCR stakes last year. In return, each of the funds received RON123.6 million cash and a 1% stake in Erste.
SIF Transilvania shares were trading mid-Wednesday at RON0.667, down 0.3% on the day. (EUR1=RON4.3467)