23 mai 2013

One must pay tens and even hundreds of thousands of lei to become investor in a closed-end fund, which puts clients’ savings in real estate, energy projects, financial derivatives or works of art. more

14 mai 2013

Over 5.8 million Romanians collected an average of 1,861 lei (EUR421) after five years of mandatory contributions to private pension funds, with the amount raised so far being enough to buy a holiday more

8 mai 2013

With the entire 100 million-lei profit from 2012 still in its accounts, regional investment fund SIF Crisana-Banat (SIF1.RO) is going ahead with its plan to take part in the privatization of postal more

24 apr 2013

Franklin Templeton, the administrator of Romanian investment fund Fondul Proprietatea, collected around 95 million lei in the two and a half years since it took over the mandate, over six times more more

10 apr 2013

Mutual funds attracted a record net amount of 361 million lei (EUR82 million) from investors in March, almost as much as in the first two months of the year, when the amounts attracted were the more

5 apr 2013

The intermediaries of the secondary public offering to sell 15% in Romanian natural gas transmission company Transgaz seem to have learned from the “mistakes in the past” and sought to structure more

19 mar 2013

Land owned by research institutes and half of Romania’s forests worth about EUR11 billion euros together are the huge stake of the new property restitution law. more

6 mar 2013

Regional investment fund SIF Oltenia (SIF5.RO) will reinvest the money it will get from sales of stocks this year into other stocks, says chairman and chief executive Tudor Ciurezu. more

20 feb 2013

Dragos Neacsu, CEO of Erste Asset Management, the largest asset manager on the local market, warns over the shortage of corporate bond offers on the Romanian market, saying he finds it difficult to more

7 feb 2013

The management of the Bucharest Stock Exchange (BVB) wants to introduce a fixed fee of 3,500 lei per month for brokerage firms and cut the value of variable fees from the value of transactions in more

31 ian 2013

Fondul Proprietatea (FP.RO) shares overshot the 0.6 lei (EUR0.14) per share on Wednesday for the first time since March 2012, driven by the massive buys of Elliott Associates hedge fund, its largest more

24 ian 2013

Two years after the stock exchange listing, the shares of Romanian investment fund Fondul Proprietatea (FP.RO) are traded at below the first-day trading price and below the expectations of more

10 ian 2013

Fund managers are optimistic and expect the Bucharest Stock Exchange to rise by 10-15% in 2013 amid an improvement in foreign investment sentiment over Romanian assets, as well as over more appeased more

8 ian 2013

Erste Group analysts see the Bucharest Stock Exchange having a rather good year in 2013. They expect growth of 10% to 15%, below the potential of the local stock market because of the low liquidity more

28 dec 2012

A number of 1,250 companies had a cumulated turnover of over EUR118 billion in 2011, accounting for around 50% of the overall EUR226 billion turnover of all companies in Romania, shows an analysis more

21 dec 2012

The year 2012 is a wasted year because of the political feuds that only served to weaken an economy hurt by the crisis. The hope for an economic rebound is carried over in 2013. more

12 dec 2012

The future single watchdog of Romania’s financial markets could be no more than a formal change because it is still parties who appoint the management. more

11 dec 2012

For the stock market it matters little who won the elections and there are no shares which stand to gain or lose from the victory of the ruling coalition (the Social-Liberal Union, or USL) in more

3 dec 2012

The number of investment accounts on the Bucharest Stock Exchange fell by 4,800 in the first nine months of the year to a six-year low of 83,331 because of political instability and because the local more

30 nov 2012

A hundred years ago, Romania prided itself in being called “Japan of Europe”, in its well-developed banking system, in its leu which was as strong as the French and Swiss currencies and in a stock more

29 nov 2012

The Romanian mutual fund market became a European performer with net inflows of EUR86 million in the third quarter, while mature markets such as France, Spain and Italy lost billions of euros. more

27 nov 2012

Romanian banks have drawn the attention of London-based private equity fund AnaCap, which specializes in buying orphaned subsidiaries. The fund is ready to come up with “substantial capital” in more

26 oct 2012

Eric Stab, president and general manager of GDF Suez Energy Romania, the largest gas distributor on the local market, explained that the financing model used by parent group GDF Suez counted a lot in more

24 oct 2012

Investors have fully subscribed the 250 million lei (EUR55 million) bond issue of natural gas distribution company GDF Suez Energy Romania, sources close to the transaction said. This means the first more

12 oct 2012

Cristian Sima, former general manager of Romania’s monetary and commodities exchange Sibex in Sibiu (center of the country), has been missing for two weeks. more