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

09.05.2013

Romania’s five regional investment funds (SIFs) plan to form a consortium to invest in state-run chemical company Oltchim after privatization, and propose a merger between the plant and Chimcomplex more

08.30.2013

A 4.91% stake in Romanian regional investment fund SIF Moldova (SIF2.RO) was transferred in a 31.7 million lei (EUR7.1 million) special deal on the Bucharest stock market Friday morning at 11:02 a.m.. 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

08.23.2013

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

08.19.2013

SIF Transilvania (SIF3.RO) held its position as the most profitable Romanian investment fund after the first seven months of 2013, with a net profit of 160 million lei (EUR35.9 million), well ahead of more

08.16.2013

Romanian regional investment fund SIF Transilvania (SIF3.RO) registered in July the lowest level of assets since inception, which turned it into the “smallest” SIF, with a wealth of 1 billion lei more

08.13.2013

Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) Tuesday said its revenues fell 60.3% on the year to 53.54 million lei (EUR12.09 million) in the first half, from RON135 million a year more

08.13.2013

Romanian regional investment fund SIF Muntenia (SIF4.RO) Tuesday said its revenues fell to 71.3 million lei (EUR16.2 million) in the first half, from RON108.7 million a year earlier. more

08.11.2013

Romanian regional investment fund SIF Transilvania (SIF3.RO) posted a 20% increase in revenues in the first half of 2013, to RON215.4 million (EUR49 million), driven by the sale of Erste (EBS.RO) and more

08.09.2013

Four of the top-traded issuers on the Bucharest stock exchange in August gained over 10% compared with the end of July in only six sessions. The increases offered investors great gain opportunities. more

08.06.2013

Romanian regional investment fund SIF Oltenia (SIF5.RO) Tuesday said its revenues more than doubled to 189.9 million lei (EUR43.2 million) in the first half, from RON86.66 million a year earlier. more

08.05.2013

Regional investment fund SIF Moldova (SIF2.RO) plans to “gradually” sell some of its shares in Erste Bank (EBS), the fund’s most valuable holding, with 21.4% of SIF2’s assets. more

08.02.2013

Romanian regional investment fund SIF Moldova (SIF2.RO) Friday said its revenues declined 17% to 170.7 million lei (EUR38.8 million) in the first half, from RON207.2 million a year earlier. more

07.18.2013

Romanian investment fund BT Invest1, a unit of financial and banking group Banca Transilvania (TLV.RO), plans to sell a stake of 2.5% in peer fund SIF Moldova (SIF2.RO), the bookrunner on the deal 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

07.15.2013

Romanian regional investment fund SIF Transilvania (SIF3.RO) reported net profit of 140 million lei (EUR31.6 million) in the first half of the year, up 24.4% from the same period in 2012. 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

06.18.2013

Romanian regional investment fund SIF Crisana-Banat (SIF1.RO) said it bought 1.54 million bonds issued by energy contractor Romenergo for 27 million lei (EUR6.06 million). more

06.14.2013

SIF Transilvania (SIF3.RO) climbed to first place in terms of profitability among the five regional investment funds registered in Romania, with a net profit of 88.9 million lei (EUR19.8 million) 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

05.20.2013

Romanian regional investment fund SIF Oltenia (SIF5.RO) bought a 0.09% stake in OMV Petrom (SNP.RO) for about 20 million lei (EUR4.6 million) from Fondul Proprietatea (FP.RO). more

05.15.2013

SIF Oltenia (SIF5.RO) remained the most profitable of the five regional investment funds registered in Romania, with a net profit of 43.3 million lei (about EUR10 million) after the first four months more

05.15.2013

Romanian regional investment fund SIF Oltenia (SIF5.RO) Wednesday said its first-quarter revenue rose 86.6% increase to 51.71 million lei (EUR11.8 million), from RON27.7 million in the previous year. more