Hidroelectrica's Insolvency To Cut By 21% Fondul Proprietatea’s NAV

06.19.2012 By Ioana Tudor

The start of insolvency proceedings at Hidroelectrica would reduce by 21% the net asset value of investment fund Fondul Proprietatea (FP.RO), which holds 20% in the Romanian hydropower producer, the fund said in a press release late Monday.

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