Total assets last year reached about RON1.5 billion, up from RON1.3 billion on December 31, 2020, an increase of about 15%.
Expenses incurred in 2021 by SIF Transilvania reached RON32.5 million, 68% above the 2020 level of RON19.35 million.
The shares of the company with a RON700 million capitalization have lost 6.1% since the beginning of the year, on total transactions of RON9.5 million. Over the same period, the BET and BET-FI indices, which show the performance of financial investment companies, went up by 2.2% and down by 1.4% respectively.
Last month, SIF3 shareholders decided to change the company’s name to Transilvania Investments Alliance. The change itself will come into force after the amendment of the articles of association has been authorized by the Financial Supervisory Authority (ASF).
(English version by Loredana Fratila-Cristescu)