08.03.2011

Fondul Proprietatea (FP.RO), managed by Franklin Templeton, has almost used up the money earmarked for the share buyback program, but its share price has not increased. more

08.02.2011

Romanian investment fund Fondul Proprietatea (FP.RO) last week bought back 0.26% of its shares on the Bucharest bourse for 18.77 million lei (EUR4.4 million), the fund said in a statement Tuesday. more

07.28.2011

The Romanian government decided to pull investment fund Fondul Proprietatea (FP.RO) from a list of 26 beneficiaries of $977 million from Iraq’s outstanding debt to the state, citing procedural more

07.28.2011

Greg Konieczny, manager of the EUR4 billion assets of Fondul Proprietatea, says Petrom’s offering had a “disappointing” result because it was not well structured. The fund’s official offered more

07.27.2011

The publishing by Fondul Proprietatea of state-controlled companies’ reports reveals a rise in salary costs and in the number of employees. The ten largest state-owned companies in the energy sector more

07.26.2011

Hidroelectrica’s energy contracts for 2010 show the company has walked away from over EUR90 million because it preferred to sell electricity directly, instead of using the energy exchange. more

07.25.2011

Romanian investment fund Fondul Proprietatea (FP.RO) last week bought back 0.36% of its shares on the Bucharest bourse for 25.6 million lei (over EUR6 million), the fund said in a statement Monday. more

07.25.2011

Two stakes cumulating 0.81% in investment fund Fondul Proprietatea (FP.RO) were sold for a total 58.3 million lei (EUR13.7 million) on the Bucharest Stock Exchange’s deal market Monday. more

07.15.2011

Investment fund Fondul Proprietatea (FP.RO) posted a net profit of 543.1 million lei (EUR) in the first half of the year, compared to RON217.5 million, the bulk of earnings coming from dividends paid more

07.08.2011

The Finance Ministry transferred a total 6.35% in investment fund Fondul Proprietatea (FP.RO) as compensation in June, thus reducing its stake to 18.9%, while foreign companies remained the main more

07.07.2011

Franklin Templeton, the manager of the EUR4 billion assets of Fondul Proprietatea (FP.RO), has decided to take the fund to the Warsaw Stock Exchange because that is where the money is, so that the more

07.05.2011

Fondul Proprietatea (FP.RO) last week bought back 0.05% of its shares on the Bucharest bourse for 3.6 million lei (EUR0.86 million), the fund said in a statement Tuesday. more

06.27.2011

Franklin Templeton replaced Bancpost, a bank controlled by Greece’s EFG Eurobank, after a three years’ mandate as a depositary and custodian of the 16.4 billion lei (EUR3.89 billion) assets of more

06.20.2011

Attila Verestoy, UDMR (Democratic Alliance of Hungarians in Romania) senator, one of the richest members of the Romanian Parliament, has sold almost two thirds of the shares he bought last year in more

06.20.2011

Franklin Templeton, the manager of the EUR4 billion assets of Fondul Proprietatea (FP.RO), plans to cancel all the 66.7 million shares the fund has so far repurchased from the Bucharest bourse to more

06.15.2011

Investment fund Fondul Proprietatea Wednesday reported a 0.7% decline in its net assets to 16.4 billion lei (EUR3.92 billion) in May, from RON16.54 billion a month earlier. more

06.15.2011

City of London Investment Management Company Limited holds a 5.85% stake in investment fund Fondul Proprietatea (FP.RO), including stocks and warrants issued by UniCredit Bank. more

06.14.2011

Romanian investment fund Fondul Proprietatea (FP.RO) last week bought back 0.07% of its shares on the Bucharest bourse for 5 million lei (EUR1.2 million), the fund said in a statement Tuesday. more

06.10.2011

Romanian investment fund Fondul Proprietatea (FP.RO) Thursday sold a 1.55% stake in Oil Terminal Constanta (OIL.RO), for 3.3 million lei (some EUR800,000), capitalizing on a 32% hike in Oil Terminal more

06.09.2011

Romania’s Supreme Court ruled in favor of investment fund Fondul Proprietatea (FP.RO) in an action against state-run natural gas producer Romgaz Medias over the payment of 18.5 million lei (EUR4.4 more

06.07.2011

Romanian investment fund Fondul Proprietatea (FP.RO) last week bought back 0.12% of its shares on the Bucharest bourse for 8.52 million lei (EUR2 million), the fund said in a statement Tuesday. more

06.02.2011

The reduction of the Romanian state’s stake in Fondul Proprietatea (FP.RO) to less than 33% transfers control over the investment fund’s EUR4 billion assets into the hands of private investors, more

06.01.2011

A 0.91% stake in investment fund Fondul Proprietatea (FP.RO) was transferred Wednesday on the Bucharest bourse’s deal market through two special transactions worth a total 63 million lei (EUR15.2 more

06.01.2011

Romanian investment fund Fondul Proprietatea (FP.RO) bought back last week a 0.19% stake for 12.88 million lei (EUR3.1 million), according to a memo sent Wednesday to the Bucharest Stock Exchange. more

05.31.2011

The Romanian Finance Ministry lost its dominant position among the shareholders of investment fund Fondul Proprietatea (FP.RO), after recently ceding a 10.1% stake in the fund to compensate former more