05.14.2014

British group HSBC Holdings, the biggest European bank by assets, was holding a 5.02% stake in regional investment fund SIF Oltenia (SIF5.RO) on May 8, while the next day, its holding fell below 5%, more

05.09.2014

Romanian regional investment fund SIF Transilvania (SIF3.RO) has swung to a first-quarter loss as the fund’s revenues tumbled, hit by lower asset sales. more

05.08.2014

Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) on Thursday said its first-quarter revenues tripled to 90.6 million lei (EUR20.1 million), fuelled by stock sales in lenders BRD-Societe more

05.05.2014

Regional investment companies SIF Muntenia (SIF4.RO) and SIF Banat-Crisana (SIF1.RO), which owns 5% in former, took over 205.2 million Biofarm (BIO.RO) shares from the investors that subscribed in the more

04.29.2014

Shareholders of Romanian regional investment fund SIF Oltenia (SIF5.RO) rejected the propositions regarding the payment of dividends from last year’s profit, the company said Tuesday. more

04.28.2014

Shareholders of Romania’s regional investment fund SIF Transilvania (SIF3.RO) approved the doubling of the fund’s share capital from RON109.2 million to RON218.4 million, by capitalizing RON109.2 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

04.17.2014

Regional investment fund SIF Transilvania (SIF3.RO) plans to sell, by secondary public offering, its 56.72% stake in construction materials producer COMCM Constanta (CMCM.RO) for 33.56 million lei 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

04.15.2014

Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) has decided not to pay a dividend on the 2013 net profit and replenish its reserves instead, the fund said Tuesday. more

04.15.2014

Shareholders of Romanian regional investment fund SIF Moldova (SIF2.RO) approved Tuesday the payment of dividends worth RON0.066 per share, totaling RON34.25 million, or 37.7% of last year’s profit. 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

04.14.2014

Oradea-based company Calipso, controlled by regional investment fund SIF Banat-Crisana (SIF1.RO), plans to sell 41 commercial spaces together, by auction, for a starting price of EUR4 million, and more

04.14.2014

Romanian regional investment fund SIF Moldova (SIF2.RO) postponed the shareholders meeting on voting the dividends for Tuesday, due to lack of quorum. more

04.14.2014

The regional investment funds (SIF) did not waste a single moment after the Financial Supervisory Authority (ASF) lifted the ban on buying stake in each other and two months later they have already more

04.11.2014

Romanian regional investment fund SIF Moldova (SIF2.RO) on Friday said its first-quarter net profit rose to 135.8 million lei (EUR30.43 million), from RON20 million in the year-earlier period, largely 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

03.31.2014

Romania’s regional investment fund SIF Transilvania (SIF3.RO) estimates its net profit will fall to 50.8 million lei (EUR11.1 million) in 2014, from RON189.6 million a year earlier, on lower sales more

03.31.2014

Businessman Gheorghe Iaciu and three ING funds, jointly holding a 7.33% stake in Romanian regional investment fund SIF Oltenia (SIF5.RO), proposed the payment of a gross dividend worth RON0.21 per more

03.18.2014

SIF Banat-Crisana (SIF1.RO), SIF Moldova (SIF2.RO) and SIF Muntenia (SIF4.RO) plan to continue selling banking stock in 2014 and shift investments to less traditional activity fields for the regional more

03.14.2014

The shares of the five regional investment funds (SIF) are down compared with the beginning of the year and the SIFs that announced they would not be paying any dividends suffered the most: SIF 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

02.28.2014

The management of Romanian regional investment fund SIF Transilvania (SIF3.RO) proposes that last year’s profit of 189.6 million (EUR43 million), should be used to double share capital, to more