03.07.2014

Romanian investment fund Fondul Proprietatea’s (FP.RO) manager on Friday proposed no dividend payment from the 2013 earnings, following the previous approval of a cash distribution of 0.05 lei 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

02.24.2014

Romanian investment fund Fondul Proprietatea (FP.RO) Monday said it has received regulatory approvals to lower its share capital by 240.3 million lei (EUR53.3 million) to approximately RON13.54 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

02.03.2014

Romanian investment fund Fondul Proprietatea (FP.RO) on Monday approved lowering the fund’s share capital by 676.9 million lei (EUR150.5 million) to RON12.86 billion by reducing the face value of 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

01.15.2014

Romanian investment fund Fondul Proprietatea (FP.RO) Wednesday said its net profit rose 20.3% on the year to 682.15 million lei (EUR150.7 million) in 2013, largely fueled by one-time income following 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

12.11.2013

Romanian investment fund Fondul Proprietatea (FP.RO) plans to sell a 10% stake in natural gas transporter Transgaz (TGN.RO) via a private offering, the fund said in a statement Tuesday. 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

12.05.2013

Growth perspectives for the shares of Romania’s largest oil and gas producer OMV Petrom (SNP.RO) are limited because investment fund Fondul Proprietatea and the Romanian state, the company’s two more

12.04.2013

Romanian investment fund Fondul Proprietatea (FP.RO) appointed Citigroup Global Markets, Raiffeisen Capital & Investment and Wood & Company as advisors to evaluate its strategic options to sell a part more

12.03.2013

Romanian investment fund Fondul Proprietatea (FP.RO) last week bought back 0.44% of its shares on the Bucharest bourse for 49.1 million lei (EUR11 million), the fund said in a statement Tuesday. more

11.27.2013

The regional investment funds (SIF) created in the early nineties when they took over 30% of the Romania’s economy have requested the Financial Supervisory Authority (ASF) to lift the restrictions more

11.22.2013

The shareholders of Romanian investment fund Fondul Proprietatea (FP.RO) on Friday approved a request from U.S. hedging fund Elliott Associates to reduce the length of the fund manager’s mandate by more

11.22.2013

Romanian investment fund Fondul Proprietatea (FP.RO) estimates the state will collect between 700 million and 900 million lei (157-202 million euro) from a tax on special buildings applicable next more

11.22.2013

U.S. Franklin Templeton, the administrator of Romanian investment fund Fondul Proprietatea (FP.RO), has renounced the idea of cross-listing the fund in Warsaw and is looking for another stock market, more

11.18.2013

U.S. hedging fund Elliot Associates sold 1% of its holding in Romanian investment fund Fondul Proprietatea (FP.RO) via a buyback program the local fund has launched in Bucharest. more