06.13.2014

Romanian investment fund Fondul Proprietatea (FP.RO) Friday reported a net profit of 557.1 million lei (EUR126.7 million) at the end of May, versus losses a month earlier, largely fueled by dividends more

05.15.2014

Romanian investment fund Fondul Proprietatea on Thursday reported a loss of 51.53 million lei (EUR11.6 million) for the January-April period, narrower from around RON79 million at the end of the first more

05.09.2014

Foreign corporate investors lowered their holdings in Romanian investment fund Fondul Proprietatea (FP.RO) to 53.98% in April, from 54.3% a month earlier, the fund said in a stock exchange filling more

04.29.2014

A sale of a significant stake in OMV Petrom (SNP.RO) by Fondul Proprietatea (FP.RO) is in its early stages and will not happen any time soon, according to Franklin Templeton, the manager of the fund. more

04.28.2014

State-run hydropower producer Hidroelectrica’s planned offering of a 15% stake in Bucharest will likely take place next year, once the company completes an insolvency process, according to estimates more

04.28.2014

Romanian investment fund Fondul Proprietatea’s manager Grzegorz Konieczny on Monday estimated the best moment to list the fund’s shares in London would be in September-October. more

04.28.2014

Romanian investment fund Fondul Proprietatea (FP.RO) is negotiating the acquisition of a minority stake in state-owned electricity distributor SC Electrica SA in exchange for its holdings in four of more

04.28.2014

Romanian investment fund Fondul Proprietatea (FP.RO) on Monday approved a proposal lodged by fund manager Franklin Templeton Investment Management for a secondary listing of the fund’s shares on the more

04.15.2014

Romanian investment fund Fondul Proprietatea Tuesday reported a loss of roughly 79 million lei (EUR19 million) for the first quarter, sharply wider from RON5.57 million in the year-earlier period. more

03.31.2014

Romanian investment fund Fondul Proprietatea (FP.RO) has launched a legal action to stop nuclear power company Nuclearelectrica (SNN.RO) from co-financing two state-funded energy projects. more

03.30.2014

The new unitary corporate governance strategy of Romanian state-owned electricity distributor SC Electrica SA breaches minority shareholders’ rights, and might jeopardize the IPO scheduled for June, more

03.21.2014

Franklin Templeton will get a higher fee under the new agreement to manage the EUR3.2 billion assets of Fondul Proprietatea (FP.RO) for two more years, in addition to distribution fees from the cash more

03.07.2014

Romanian investment fund Fondul Proprietatea (FP.RO), owner of a minority stake in state-run hydropower company Hidroelectrica, on Friday ruled out a possible listing of the company’s shares in more

03.07.2014

Franklin Templeton Investment Management, sole manager of Romanian investment fund Fondul Proprietatea (FP.RO), on Friday announced plans for a secondary listing of the fund’s shares on the London more

03.06.2014

Investment fund Fondul Proprietatea (FP.RO) is considering the sale of a minimum 4% stake in Romania's largest oil and gas group OMV Petrom (SNP.RO), evaluated at around 997 million lei (EUR221 more

03.04.2014

Franklin Templeton Investment Management, sole manager of Romanian investment fund Fondul Proprietatea (FP.RO), will likely announce Friday its new strategy for cross-listing the fund’s shares, more

02.13.2014

Romanian investment fund Fondul Proprietatea Thursday said its net assets fell to 14.89 billion lei (EUR3.1 billion) in January, from a little over RON15 billion in the previous month. more

01.22.2014

Analysts expect Fondul Proprietatea (FP.RO) price to fluctuate between 0.8 and 0.9 lei (EUR0.17-EUR0.19) per share in 2014, as the main growth drivers for the fund's stock will be the share buyback more

12.23.2013

Stock market investors enjoyed in 2013 the highest yields of the last four years, as the stock exchange's main index BET, which tracks the most liquid and popular shares, gained 27.3%, including more

12.19.2013

Romanian investment fund Fondul Proprietatea (FP.RO) on Thursday said it has completed a second share repurchase program under which it bought back 8.2% of its paid share capital in exchange for 962.8 more

12.19.2013

The main index of the Bucharest stock exchange (BVB) has risen by 22.5% since the beginning of this year, placing Romania at no. 15 among the world’s top stock exchange rises. more

12.13.2013

Romanian investment fund Fondul Proprietatea Friday reported a net profit of 544.64 million lei (EUR123.6 million) in the first 11 months of 2013, down 4.35% on the year. more

12.12.2013

Romanian investment fund Fondul Proprietatea (FP.RO) has sold its entire stake in state-run natural gas transporter Transgaz (TGN.RO) via a private offering for 303.51 million lei (EUR68.2 million). more

12.10.2013

The Bucharest stock exchange lost around 2% Tuesday, with BRD (BRD.RO) and Fondul Proprietatea (FP.RO) closing down 4.4% and 3.2%, respectively. more

12.06.2013

Foreign institutional investors’ holdings in Romanian investment fund Fondul Proprietatea (FP.RO) fell 3.25 percentage points to 54.25% at the end of November. more