04.03.2013

Former U.S. Ambassador to Bucharest Mark Gitenstein and Sorin Mindrutescu, general manager of Oracle, are the only applicants for two vacant positions in the Representatives Committee of Romanian more

04.02.2013

US hedge fund Elliott Associates, which has invested about EUR250 million in 17% of Romanian investment fund Fondul Proprietatea (FP.RO) over the last three years, is asking for a simpler procedure to more

03.26.2013

Former U.S. Ambassador to Bucharest Mark Gitenstein has been nominated for a position in the Representatives Committee of Romanian investment fund Fondul Proprietatea (FP.RO). more

03.15.2013

Romanian investment fund Fondul Proprietatea (FP.RO) Friday reported a loss of 3.74 million lei (EUR0.85 million) for February, almost three times higher on the month. more

03.14.2013

Foreign investors increased their holdings in Romanian investment fund Fondul Proprietatea (FP.RO) to 59.4% in February, from 59% a month earlier, the fund said Thursday. more

03.13.2013

Franklin Templeton, the manager of investment fund Fondul Proprietatea (FP.RO), Wednesday asked the fund’s stockholders for a new mandate extension to list its shares on the Warsaw Stock Exchange. more

02.26.2013

The purchases of US hedge fund Elliott in Fondul Proprietatea (FP.RO) have intensified since the beginning of this year, with the US fund bringing several million lei into the Bucharest stock exchange more

02.14.2013

Romanian investment fund Fondul Proprietatea (FP.RO) Thursday proposed a gross dividend of 0.0408 lei (EUR0.009) per share, up 5.9% from the dividend paid last year. more

01.31.2013

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

01.24.2013

Romania’s securities commission CNVM has decided not to endorse an addendum to the administration contract Franklin Templeton has signed with the local investment fund Fondul Proprietatea (FP.RO), more

01.24.2013

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

01.15.2013

Romanian investment fund Fondul Proprietatea (FP.RO) registered a net profit of 566.98 million lei (EUR127 million) in 2012, up 4.2% from RON543.82 million a year before. more

12.14.2012

Romanian investment fund Fondul Proprietatea (FP.RO) registered losses of 1.9 million lei (EUR0.42 million) in November and its profit dropped to RON569.4 million in the first eleven months of the more

12.07.2012

Foreign investors increased their holdings in Romanian investment fund Fondul Proprietatea (FP.RO) to 58.06% in November, from 57.67% a month earlier, the fund said in a statement Friday. more

11.15.2012

Romanian investment fund Fondul Proprietatea (FP.RO) Thursday said its net profit rose 7.1% to 571.3 million lei (EUR126 million) in the first ten months, from RON533.4 million a year earlier. more

11.09.2012

A cumulated stake of 3.86% in Romanian investment fund Fondul Proprietatea (FP.RO) was traded Friday on the Bucharest stock market in three deal transactions worth 282.1 million lei (EUR62.5 million). more

11.06.2012

Foreign investors increased their holdings in Romanian investment fund Fondul Proprietatea (FP.RO) to 57.67% in October, from 57.23% a month earlier, the fund said in a statement Tuesday. more

11.01.2012

The secondary listing of investment fund Fondul Proprietatea (FP.RO) in Warsaw will not reduce the discount at which Proprietatea shares are traded, believes Adrian Tanase, the manager of ING Equity, more

10.31.2012

Investment management group City of London, the second largest shareholder of Romanian investment fund Fondul Proprietatea (FP.RO), proposes the reconfirmation of Franklin Templeton’s appointment as more

10.23.2012

Romanian investment fund Fondul Proprietatea (FP.RO) estimates its net profit will rise 29% to 570.48 million lei (EUR124.6 million) in 2013, from RON442.5 million envisaged for this year. more

10.18.2012

Daniela Lulache’s nomination as interim general manager of Romanian state-run power company Nuclearelectrica breaches the principles of corporate governance, investment fund Fondul Proprietatea more

10.15.2012

Romanian investment fund Fondul Proprietatea (FP.RO) Monday said its net profit rose 7.3% to 574.5 million lei (EUR125.7 million) in the first nine months, from RON535.3 million a year earlier. more

10.11.2012

U.S. company Franklin Templeton could end its mandate as manager of the EUR2.5 billion funds of Romanian investment fund Fondul Proprietatea (FP.RO) after the Bucharest Court of Appeals irrevocably more

10.10.2012

Franklin Templeton will continue to manage Romanian investment fund Fondul Proprietatea (FP.RO) in accordance with the fund’s existent bylaws, the fund manager said in a statement Wednesday. more

10.10.2012

The Bucharest Court of Appeals on Wednesday irrevocably annulled a series of decisions taken by the shareholders of Romanian investment fund Fondul Proprietatea (FP.RO), including the appointment of more