In the first nine months of 2013, SIF Transilvania sold stock of RON311 million.
Total revenues in the first nine months are just 35% of the RON 212.95 million thefund expected for 2014.
Spending stood at RON50.75 million (EUR11.4 million), about half of the RON91 million expenditure reported in the same period last year. Intensified stock sales in the third quarter also boosted expenses, from just RON10.8 million mid-year.
SIF Transilvania posted a net profit of RON22 million (EUR4.9 million) in the first nine months, nearly ten times less than the RON213.6 million profit it made in the same period last year.