05.29.2012

OMV Petrom (SNP.RO), the largest company in Romania, and five other major listed companies will pay RON2.68 billion (EUR600 million) in gross dividends in June, according to available reports. more

05.29.2012

Several shareholders led by UK’s City of London are showing support for Franklin Templeton because they fear the payment of the 531 million lei (EUR119 million) in dividends from last year’s more

05.23.2012

Foreign investment funds brought over $500 million to the Romanian stock exchange in investments in Fondul Proprietatea (FP.RO) shares since the fund’s listing in January 2011. However, the fund’s more

05.15.2012

Romanian investment fund Fondul Proprietatea (FP.RO) saw its revenue fall to 13.4 million lei (EUR3 million) in the first quarter, from RON33.3 million in the same period a year ago, and turned to a more

05.15.2012

Romanian investment fund Fondul Proprietatea (FP.RO) Tuesday said its net assets fell 2.94% on the month in April to 15.52 billion lei (EUR3.53 billion), mostly due to decreases in the price of listed more

05.07.2012

A stake of 357 million Fondul Proprietatea (FP.RO) shares or 2.59% of its share capital was transferred in a deal on the stock market for 199.4 million lei (EUR45.2 million) but the buyers and sellers more

05.04.2012

A stake of 2.59% in Romanian investment fund Fondul Proprietatea (FP.RO) was traded on the Bucharest bourse Friday for 199.4 million lei (EUR45.2 million). more

04.26.2012

The shareholders of Fondul Proprietatea asked for the process of dividend payment to be sped up in Wednesday’s general meeting of shareholders in which the payment of dividends worth 531 million lei more

04.25.2012

Romanian investment fund Fondul Proprietatea (FP.RO) Wednesday approved a buy-back program for an 8% stake in the fund, valued at 595 million lei (EUR135 million). more

04.25.2012

Franklin Templeton, which manages the assets of Fondul Proprietatea investment fund, took the heads of foreign funds and investment bankers to see Romania’s biggest energy assets: the Iron Gates more

04.13.2012

Fondul Proprietatea could collect more than 600 million lei (EUR137 million) in dividends from the companies in its portfolio, considering it asked chemical fertilizer maker Azomures Targu Mures more

04.12.2012

Romanian investment fund Fondul Proprietatea Thursday said it has switched to a loss of 1.5 million lei (EUR0.34 million) in the first quarter, from a net profit of RON14 million in the year-earlier more

04.04.2012

Romanian investment fund Fondul Proprietatea (FP.RO) Wednesday decided to sell some of its assets and distribute the proceedings to its shareholders. more

04.04.2012

The largest shareholders in Romanian investment fund Fondul Proprietatea (FP.RO), US hedge fund Elliottt Associates and City of London, will have three seats in the Board of Representatives, as more

03.21.2012

Elections for a seat on the Board of Representatives at investment fund Fondul Proprietatea (FP.RO) have drawn seven candidacies so far, including that of Steven van Groningen, chief executive officer more

03.16.2012

Franklin Templeton Investment Management Ltd. UK, sole administrator of Romanian restitution fund Fondul Proprietatea (FP.RO), Friday called on the fund’s shareholders to approve a buy-back program more

03.14.2012

Romanian investment fund Fondul Proprietatea Wednesday said its net profit fell to 1.2 million lei (EUR0.27 million) in February, from RON3.7 million a month earlier. more

03.08.2012

Italian utilities group Enel is not interested in buying the shares owned by investment fund Fondul Proprietatea (FP.RO) in Enel's Romanian subsidiaries, the group’s chief executive officer Fulvio more

03.08.2012

The manager of Fondul Proprietatea (FP.RO) has hired US investment bank Citigroup to find buyers for EUR527.6 million worth of shares it holds in 13 energy and natural gas distribution companies more

03.07.2012

Franklin Templeton, the manager of Romanian investment fund Fondul Proprietatea (FP.RO), has selected U.S. Citigroup Global Markets Limited as exclusive broker of the sale of EUR527.6 million worth of more

03.06.2012

Investment fund Fondul Proprietatea (FP.RO) on Tuesday announced the appointment of Citigroup Global Markets Limited as intermediary in the sale of stocks in several unlisted power and gas more

02.29.2012

Romanian investment fund Fondul Proprietatea (FP.RO) Wednesday called a shareholder meeting for April 4, to hold debates on a proposition to sell assets and distribute the cash to shareholders, while more

02.16.2012

One of the largest stockholder in Romanian investment fund Fondul Proprietatea (FP.RO), US hedge fund Elliott Associates, asked for some of the fund's assets to be sold and the money obtained to be more

02.15.2012

Investment fund Fondul Proprietatea (FP.RO) reported a net profit of 3.69 million lei (EUR0.85 million) in January, compared to little over RON1 million in the same month of the previous year, more

02.15.2012

Romanian Fondul Proprietatea (FP.RO) manager Franklin Templeton Wednesday proposed paying the fund’s shareholders a gross dividend of 0.038 lei (EUR0.0087) a share from the 2011 profit, 21% higher more