04.02.2013

US hedge fund Elliott Associates, which has invested about EUR250 million in 17% of Romanian investment fund Fondul Proprietatea (FP.RO) over the last three years, is asking for a simpler procedure to more

03.26.2013

The Romanian Counter-Guarantee Fund (FRC) has granted some 17,000 counter-guarantees worth a total of EUR662 million since its establishment, in 2010. more

03.04.2013

The National Fund Guaranteeing Loans for Small and Medium Enterprises (FNGCIMM) said Monday it registered net profit of about 27 million lei (EUR6.2 million) in 2012, five times higher on the year, more

02.20.2013

Dragos Neacsu, CEO of Erste Asset Management, the largest asset manager on the local market, warns over the shortage of corporate bond offers on the Romanian market, saying he finds it difficult to more

02.11.2013

Foreign investors increased their holdings in Romanian investment fund Fondul Proprietatea (FP.RO) to 52.98% in January, from 52.2% a month earlier, the fund said in a statement Monday. more

01.31.2013

Romanian brokerage house SSIF Broker (BRK.RO) has set up an investment management firm, SAI Broker, and the first two funds the firm will administer might be launched in the next two weeks. more

01.22.2013

Romanian mandatory private pension funds (Pillar II) increased their exposure to state treasuries by about 10 percentage points last year to 76.3%, according to private pension system regulator CSSPP. more

01.11.2013

Foreign investors increased their holdings in Romanian investment fund Fondul Proprietatea (FP.RO) to 52.2% in December, from 51.88% a month earlier, the fund said in a statement Friday. more

12.11.2012

Investments funds Mintridge International (UK), Agriinvest (Denmark) and AL+M (Switzerland) own about 27,000 hectares of arable land in Romania, as much as some of the major Romanian farmers. more

11.28.2012

British investment fund Spearhead International, a very discreet player in the Romanian business world, has bought 3,000 ha of land in the southern Romanian county of Dolj, now owning a total of more

11.27.2012

The guarantee fund of Romanian insurance market regulator CSA will pay damages capped at EUR1 billion in case of major natural disasters if the companies that issued property insurance policies lack more

11.23.2012

Romania’s securities commission CNVM could draft by year-end a proposal to amend the capital market bylaws so that investment fund Fondul Proprietatea (FP.RO) may float its shares in Warsaw, people more

10.09.2012

The net assets of local investment funds rose 2.2% in September, to 8.48 billion lei (EUR1.8 billion), with bond funds witnessing the highest increase, of 3.2%, according to Romanian fund manager more

09.05.2012

SIF Moldova (SIF2.RO) paid almost 60% of its dividends amounting to 114 million lei from last year’s profit to some of its shareholders, although it officially announced payment would start on more

07.16.2012

Four of the five regional investment funds (SIF), ended the first half with cumulated profits of 331.3 million lei (EUR73 million), 3.7 times higher than last year, mainly because of the sales of more

06.27.2012

Romanian investment fund Fondul Proprietatea (FP.RO) Wednesday approved a proposal to list its shares on the Warsaw Stock Exchange, participants in a shareholder meeting said. more

06.14.2012

Erste Asset Management, the asset manager of the BCR group, will merge its two largest funds, BCR Monetar and BCR Obligatiuni, into a giant fund with cumulated assets of 3.1 billion lei (around EUR700 more

06.13.2012

The National Fund Guaranteeing Loans for Small and Medium Enterprises (FNGCIMM) offered 4,100 guarantees to firms in the first five months of 2012, which amounted to 1.3 billion lei (EUR291.5 more

05.25.2012

Romanian investment fund Fondul Proprietatea (FP.RO) plans to list its shares on the Warsaw Stock Exchange, or WSE, by the end of 2012, depending on the timing of the establishment of a connection more

05.16.2012

Romanian investment fund Fondul Proprietatea (FP.RO) Wednesday called a shareholder meeting for June 27 to decide whether to list its shares on the Warsaw Stock Exchange. more

04.04.2012

Romanian Prime Minister Mihai Razvan Ungureanu recently said the Government plans to set up a new National Development Fund to be fueled with money obtained by the state from privatizations. more

04.02.2012

Romanian companies that issue mandatory car insurance policies (RCA) will not contribute this year to the fund protecting road accident victims, as the fund has enough resources to cover possible more

03.23.2012

The Romanian Government will create a credit fund meant to help farmers who want to carry out EU-funded projects co-finance investments, according to a draft emergency ordinance. more

03.22.2012

Romanian Environment Minister Laszlo Borbely on Thursday said the environment fund will be used to finance 254 water supply projects worth 1.4 billion lei (EUR320 million), of a total of 900 submitted more

01.24.2012

Deposits at Romanian banks climbed by almost EUR10 billion in the past three years, as customers adjusted their financial behavior to the economic crisis. more