09.25.2013

Romanian investment fund Fondul Proprietatea (FP.RO) will launch a public tender offer for 4.35% of its own shares in a move to accelerate a buyback program initiated in April last year, the fund’s more

09.09.2013

The combined net assets of Romanian open-end investment funds climbed 2.1% on the month to 10.711 billion lei (EUR2.3 billion) in August, data from the local Association of Asset Managers, or AAF, more

08.27.2013

Romanian regional investment fund SIF Crisana-Banat (SIF1.RO) transferred its majority stakes in nine companies listed on the Rasdaq market in Bucharest to SIF Imobiliare Limited, a newly created firm more

08.14.2013

Romanian investment fund Fondul Proprietatea Wednesday said its net profit rose 4.2% to 536 million lei (EUR121.1 million) at the end of July, from RON514.6 million in the previous month. more

07.25.2013

The Romanian government plans to set up an investment fund with an initial capital of over EUR1 billion that would include the state’s minority stakes in the companies held by the Economy more

06.14.2013

Romanian investment fund Fondul Proprietatea (FP.RO) Friday reported a net profit of 480.55 million lei (EUR107.2 million) at the end of May, well above RON16.85 million in the previous month. more

06.05.2013

Romania attracted EUR712 million in European structural and cohesion fund in the first five months of the year and the country’s fund absorption rate reached only 15% at the end of May, from 11.4% more

05.28.2013

Private equity firm Enterprise Investors, which operates in Central and Eastern Europe, has created a new fund, Polish Enterprise Fund VII (PEF VII), which has EUR314 million at disposal to finance more

05.14.2013

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

05.13.2013

Romania needs to follow in Poland’s footsteps and attract as much in EU funding as possible for its economy and truck market to grow. more

05.08.2013

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

05.07.2013

Administrators of Romanian mandatory private pension funds (Pillar II) registered loss of 15.2 million lei (EUR3.5 million) in 2012, down 45.1% on the year. more

04.12.2013

Romanian investment fund Fondul Proprietatea (FP.RO) Friday proposed oil transporter Conpet Ploiesti (COTE.RO) pay out its shareholders a gross dividend of 11.35 lei (EUR2.58) a share from last more

04.09.2013

The net assets administered by Raiffeisen Dolar Plus, the only dollar denominated investment fund in Romania, doubled on the year to $62 million in March. 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

The Romanian Counter-Guarantee Fund (FRC) has granted some 17,000 counter-guarantees worth a total of EUR662 million since its establishment, in 2010. more

03.04.2013

The National Fund Guaranteeing Loans for Small and Medium Enterprises (FNGCIMM) said Monday it registered net profit of about 27 million lei (EUR6.2 million) in 2012, five times higher on the year, more

02.20.2013

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

02.11.2013

Foreign investors increased their holdings in Romanian investment fund Fondul Proprietatea (FP.RO) to 52.98% in January, from 52.2% a month earlier, the fund said in a statement Monday. more

01.31.2013

Romanian brokerage house SSIF Broker (BRK.RO) has set up an investment management firm, SAI Broker, and the first two funds the firm will administer might be launched in the next two weeks. more

01.22.2013

Romanian mandatory private pension funds (Pillar II) increased their exposure to state treasuries by about 10 percentage points last year to 76.3%, according to private pension system regulator CSSPP. more

01.11.2013

Foreign investors increased their holdings in Romanian investment fund Fondul Proprietatea (FP.RO) to 52.2% in December, from 51.88% a month earlier, the fund said in a statement Friday. more

12.11.2012

Investments funds Mintridge International (UK), Agriinvest (Denmark) and AL+M (Switzerland) own about 27,000 hectares of arable land in Romania, as much as some of the major Romanian farmers. more

11.28.2012

British investment fund Spearhead International, a very discreet player in the Romanian business world, has bought 3,000 ha of land in the southern Romanian county of Dolj, now owning a total of more

11.27.2012

The guarantee fund of Romanian insurance market regulator CSA will pay damages capped at EUR1 billion in case of major natural disasters if the companies that issued property insurance policies lack more