12.08.2014

Certinvest, the largest independent mutual fund manager in Romania, wants to buy AXA Asigurari, the local subsidiary of French giant AXA, according to market sources, after the deal for latter’s more

11.19.2014

Shareholders of Romanian investment fund Fondul Proprietatea (FP.RO) on Wednesday approved next year’s budget and the fifth share repurchase program, the company said in a statement. more

11.18.2014

Investment fund Catalyst Romania, administered by 3TS Capital, has bought little over 10% of Universal Online Promotion, the company that owns online retailer www.elefant.ro, said Mihai Sfintescu, more

11.17.2014

Finnish investment fund KJK Fund II SICAV-SIF bought raised its stake in Romanian state-run oil transporter Conpet Ploiesti (COTE.RO) from 2.56% to 7.07% in a RON19 million (EUR4.3 million) deal more

11.13.2014

Romanian investment fund Fondul Proprietatea (FP.RO) sold a 23.6% stake in state-run oil transporter Conpet Ploiesti (COTE.RO) via an accelerated bookbuild, for 99.8 million lei (EUR22.5 million), more

11.12.2014

Romanian investment fund Fondul Proprietatea (FP.RO) plans to sell a 23.6% stake in state-run oil transporter Conpet Ploiesti (COTE.RO) via an accelerated bookbuild, the fund said Wednesday. more

09.18.2014

Romania’s Financial Supervisory Authority has decided to increase, as of January 1, 2015, the contribution paid by insurance firms to the guarantee fund of insurers (FGA) because damage payments and more

09.15.2014

Romanian investment fund Fondul Proprietatea (FP.RO) reported a net profit of 1.01 billion lei (EUR226.6 million) in August, down by RON6 million from the previous month but almost double from more

08.14.2014

Romanian investment fund Fondul Proprietatea Thursday said its net profit fell 4.6% to 1.015 billion lei (EUR228.7 million) at the end of July, from a record high profit of RON1.06 billion in the more

07.22.2014

The managers of investment funds East Capital and BlackRock, which are among the biggest foreign investors in Romanian stocks, expect the Bucharest market to be among the those that will stand to gain more

07.15.2014

US hedge fund Elliott, run by Paul Singer, called the Wall Street vulture, has gained 1.2 billion lei (EUR270 million) on Proprietatea Fund stock in the past four years. more

07.09.2014

Romanian investment fund Fondul Proprietatea (FP.RO) has raised 212.7 million lei (EUR48.5 million) from selling its stake of 13.5% in state-run power grid operator Transelectrica (TEL.RO) via an more

07.09.2014

The net assets of Romanian mandatory (Pillar II) and voluntary (III) private pension funds reached 17.5 billion lei (EUR4 billion) at the end of June, up 18.6% compared with December 2013, the more

07.08.2014

Romanian investment fund Fondul Proprietatea (FP.RO) plans to sell its 13.5% stake in state-run power grid operator Transelectrica (TEL.RO) via an accelerated bookbuild, the fund said Tuesday. more

06.04.2014

Romanian energy holding CE Oltenia says it’s trying to set up an electricity trading company but it is facing difficulty as Fondul Proprietatea (FP.RO), the company’s minority shareholder, is more

05.19.2014

Investment fund Equest Balkan Properties (EBP) is close to completing the sale of shopping center Vitantis Shopping Center to Revetas Capital specialized in the acquisition of "distressed" real estate more

03.20.2014

Clients subject to the fraud at Harinvest brokerage firm will get back maximum EUR20,000 each, after Romania’s Financial Supervisory Authority ASF sent the Investors’ Compensation Fund a note more

03.19.2014

Romania’s Agriculture Ministry will set up a lending fund for small farmers and the money will be administered by two banks, Agriculture Minster Daniel Constantin told a press conference Wednesday. more

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

03.03.2014

World Class Romania, which operates 11 fitness centers in Bucharest, Timisoara and Cluj Napoca, will enter the portfolio of Polish fund Resource Partners, specialized in private equity investments in 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

02.03.2014

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

01.15.2014

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

01.08.2014

Investment fund manager Certinvest will take over stock investment fund KD Maximus, the only fund managed by KD Investments Romania, with assets worth around RON29 million (EUR6.4 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