08.27.2013

Investment management fund City of London, the second largest shareholder of Fondul Proprietatea (FP.RO), has reduced its stake in the fund to 4.87% from 9.43% in September 2012. more

08.15.2013

US hedging fund Elliott Associates and investment fund City of London, the two largest shareholders of Romanian investment fund Fondul Proprietatea (FP.RO), gained 170 million lei (EUR38.6 million) more

08.14.2013

The Bucharest stock market closed up Wednesday and most of the bourse’s liquidity was secured by transfers with blue-chip stocks. more

08.13.2013

The Bucharest stock market was up in early session Tuesday and the shares of investment fund Fondul Proprietatea jumped to a new record high of 0.697 lei (EUR0.157) a unit. more

08.07.2013

Bucharest investors avidly traded Fondul Proprietatea (FP.RO) Wednesday, and the shares of the Romanian investment fund touched an all-time high at 0.681 lei (EUR0.15) during today’s session. more

08.07.2013

Analysts expect the shares of investment fund Fondul Proprietatea (FP.RO), which hit a historic high on Tuesday, to continue to rise, supported by the buy-back program, by Hidroelectrica’s improved more

07.15.2013

Romanian investment fund Fondul Proprietatea (FP.RO) registered profit of 514.6 million lei (EUR117.2 million) in the first half of 2013, down 10% from RON573.8 million in the similar interval a year more

07.11.2013

Royal Bank of Scotland (RBS) on Tuesday sold for EUR60 million about half of its stake in Romanian investment fund Fondul Proprietatea (FP.RO) held on behalf of investment management fund City of more

07.09.2013

Foreign investors’ holdings in Romanian investment fund Fondul Proprietatea (FP.RO) decreased to 62% in June, from 62.58% a month earlier, the fund said Tuesday. more

07.09.2013

A stake of 3.012% of investment fund Fondul Proprietatea (FP.RO) shares was transferred on the Bucharest Stock Exchange Tuesday in a special deal, for 264.5 million lei (EUR59.5 million). more

06.19.2013

Dan Radu Rusanu, head of the financial supervisory authority ASF, said in his first statement since taking over at the helm of the institution, that he does not agree to the secondary listing of more

06.12.2013

OMV Petrom (SNP.RO), Fondul Proprietatea (FP.RO), Transgaz (TGN.RO), SIF Moldova (SIF2.RO) and Transelectrica (TEL.RO) are due to begin dividend payment in the next two weeks and will thus unfreeze more

06.11.2013

Investment fund Fondul Proprietatea (FP.RO) wants to sell its 20% stake in the Traian Vuia Airport in the western city of Timisoara on the Bucharest stock market. more

06.10.2013

Foreign investors’ holdings in Romanian investment fund Fondul Proprietatea (FP.RO) fell slightly in May, for the first time over the last 13 months, the fund said Monday. more

05.17.2013

Romanian investment fund Fondul Proprietatea (FP.RO) has sold 1.11% of a planned stake of 1.77% in leading oil company OMV Petrom (SNP.RO) for a total 246.6 million lei (EUR56.8 million), the fund more

05.15.2013

Romanian investment fund Fondul Proprietatea Wednesday reported a net profit of 16.86 million lei (EUR3.88 million) in April, versus loss of RON5.57 million a month earlier. more

05.15.2013

Romanian investment fund Fondul Proprietatea (FP.RO) plans to sell 1.77% of its stake in the country’s largest oil company OMV Petrom (SNP.RO), which is estimated at 445 million lei (EUR102 more

05.11.2013

Foreign investors increased their holdings in Romanian investment fund Fondul Proprietatea (FP.RO) to 62.62% in April, from 61.89% a month earlier, the fund said Friday. more

05.03.2013

Investment fund Fondul Proprietatea (FP.RO) redeemed about 0.2% of its shares on the Bucharest bourse for 16.8 million lei (EUR3.8 million) in the first two weeks of a 18-month program through which more

04.25.2013

Romanian investment fund Fondul Proprietatea (FP.RO) has approved the appointment of Mark Gitenstein and Sorin Mindrutescu as member of its Board of Nominees, the fund said in a statement Thursday. more

04.25.2013

Two U.S. groups, Elliott Associates and City of London Investment Management Company, are among the largest investors in Romania after having spent EUR400 million on Fondul Proprietatea (FP.RO) more

04.24.2013

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

04.23.2013

Romanian investment fund Fondul Proprietatea (FP.RO) last week bought back 0.09% of its shares on the Bucharest bourse for 8.28 million lei (EUR1.8 million), the fund said in a statement Tuesday. more

04.16.2013

Romanian investment fund Fondul Proprietatea (FP.RO) Friday has launched a buyback program for up to 8% of its shares with the purchase of a 0.036% stake, the book runner on the program said in a more

04.15.2013

Romanian investment fund Fondul Proprietatea Monday said its loss widened to 5.57 million lei (EUR1.27 million) in the first quarter, from RON1.5 million in the year-earlier period. more