08.26.2014

Enel Distributie Muntenia, owned by Italy’s utility Enel, completed the upgrade works worth 38.9 million lei (EUR8.8 million) at two transforming stations in the capital city, Bucharest, which more

08.14.2014

Romania’s regional investment fund SIF Muntenia (SIF4.RO) reported 4.6-fold higher revenue in the first six months, at 330 million lei (EUR74 million), from RON71.3 million in the corresponding more

07.23.2014

The Romanian government will file a suit against Italian utility Enel in the Paris Arbitration Court, demanding the Italian company pay over half a billion euros for a stake of 23.6% in Romanian more

04.22.2014

Romanian regional investment fund SIF Muntenia (SIF4.RO) bought a 4.07% stake in local lender Banca Transilvania (TLV.RO) last Friday from Bank of Cyprus, for which it paid 150.3 million lei (EUR33.69 more

04.15.2014

The shareholders of Romanian regional fund SIF Muntenia (SIF4.RO) on Tuesday resolved not to distribute dividends from the 2013 net profit and to incorporate the earnings into the fund’s reserves. more

04.14.2014

Romanian regional investment fund SIF Muntenia (SIF4.RO), a significant shareholder in local oil and gas geophysical surveyor Prospectiuni (PRSN.RO), urged the latter to pay out dividends from 2013 more

04.04.2014

Romanian regional investment fund SIF Muntenia (SIF4.RO), which controls jointly with SIF Banat-Crisana (SIF1.RO) 54.28% of the shares of pharmaceutical producer Biofarm (BIO.RO), will launch a bid to more

03.07.2014

Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) has acquired another 24.97% of the shares of Muntenia Invest, manager of investment fund SIF Muntenia (SIF4), and came to hold a 74.98% more

03.05.2014

SAI Muntenia Invest, manager of Romanian investment fund SIF Muntenia, on Wednesday proposed the fund’s shareholders choose between receiving dividend payment of 111.3 million lei (EUR24.66) from more

03.05.2014

The Romanian Financial Supervisory Authority (ASF) asked regional investment funds SIF Muntenia (SIF4.RO) and SIF Banat-Crisana (SIF1.RO) to launch a takeover bid for pharmaceutical producer Biofarm more

02.25.2014

The Auto Muntenia competitive cluster, which includes Automobile Dacia, Renault Technologie Roumanie and the University of Pitesti, is to get a grant of EUR15 million from the European Union to more

02.10.2014

Romania’s regional investment fund SIF Muntenia (SIF4.RO) registered 20% lower revenues in 2013, of 232.1 million lei (EUR52.6 million), due to a 35% decline in proceeds from selling stakes in its more

11.14.2013

Romanian regional investment fund SIF Muntenia (SIF4.RO) Thursday reported a 9.2% decline in its nine-month revenues to 152.4 million lei (EUR34.5 million), from roughly RON168 million a year earlier. more

10.24.2013

Romanian regional investment fund SIF Muntenia (SIF4.RO) Thursday bought 3.2% (or 35 million shares) in medicine producer Biofarm (BIO.RO) for 10.67 million lei (EUR2.4 million). more

09.13.2013

Romanian regional investment fund SIF Muntenia (SIF4.RO) reported net profit of 56.7 million lei (EUR12.7 million) in August, higher than the RON51 million profit reported in the first seven months of more

08.23.2013

Romanian regional investment fund SIF Moldova (SIF2.RO) wants to share control of SIF Muntenia (SIF4.RO) with SIF Crisana-Banat (SIF1.RO) by acquiring 50% of Muntenia Invest, the manager of SIF more

08.06.2013

Romanian firm Muntenia Invest will downsize its staff by 36% to 45 employees before being taken over by regional investment fund SIF Crisana-Banat (SIF1.RO). more

07.18.2013

Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) will pay 8.25 million lei (EUR1.86 million) for 50.01% in Muntenia Invest, sole manager of peer fund SIF Muntenia (SIF4.RO) plus a more

07.17.2013

Romania’s Financial Supervisory Authority, or ASF, said Wednesday it approved the takeover of SAI Muntenia Invest by regional investment fund SIF Crisana-Banat (SIF1.RO). more

06.27.2013

Romania’s Competition Council Thursday has authorized a transaction through which regional investment fund SIF Banat-Crisana (SIF1.RO) plans to buy 99.96% in SIF Muntenia Invest, sole administrator more

05.24.2013

Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) could receive regulatory approvals to take over SAI Muntenia, the administrator of peer fund SIF Muntenia (SIF4.RO) in June, the former more

05.15.2013

Romanian regional investment fund SIF Muntenia (SIF4.RO) registered revenues of 31.3 million lei (EUR7.1 million) in the first quarter of 2013, up 4% on the year, while its total costs fell 2.6 times more

04.26.2013

Romanian regional investment fund SIF Muntenia (SIF4.RO) estimates its pretax profit will fall 41% to 103.3 million lei (EUR23.8 million) in 2013, from RON175.7 million a year earlier. more

03.05.2013

Romanian regional investment fund SIF Banat Crisana (SIF1.RO) will discuss in stockholders’ meeting April 25 on paying 41% or 85% of 2012’s net profit as dividends. more

02.15.2013

Romania’s regional investment fund SIF Muntenia (SIF4.RO) reported 47.5% higher revenues in 2012, to 290.34 million lei (RON65.1 million), from RON196.9 million a year before. more