SIFs Might Be Allowed To Buy Each Other’s Stock

11.27.2013 By Andrei Chirileasa

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 that prevent them from buying stake in each other. A decision on their request might be made soon, market sources familiar with the talks said.

To read the full story, please login. Not a member? Subscribe here.

Reveal Romania! Business news & views.
Find out all you need by reading the entire story
To invest in Romania, you need to find out about its opportunities.
To close a strategic partnership with a Romanian company, you need to learn about its market position and whether it is a trustworthy partner
To grow here, you need to be informed

Subscribe now
Only 25 euros/month (VAT not included)
Get access to reports, news and statistics in the main sectors of Romania’s economy. Follow the strategic moves of companies operating in Romania. We will keep you updated on the latest business events.
Contact: E: newsroom@zfenglish.com (newsroom), marketing@zfenglish.com (Marketing & PR), sales@zfenglish.com (subscriptions)
T: 0040-318.256.431 (Newsroom)
0040-318.256.158, 0040-318.256.408 (Subscriptions Department)
0040-318.256.469, 0040-318.256.470 (Advertising Sales Department)
0040-318.256.427, 0040-318.256.129 (Marketing & PR)

LOGIN / Lost password?

Keywords:
sif
, market
, fondul proprietatea

Please fill all required fields!

Your comment was successfully added!

Comments will appear only after the moderation.