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

11.27.2013

Romanian investment fund manager Certinvest SAI Wednesday said it plans to launch a closed-end bond fund in the first quarter of 2014 that will specialize in corporate bonds issued by medium-sized more

11.12.2013

Romania is one of Europe’s richest countries in terms of energy resources, ranking fifth among oil and natural gas producers and sixth by coal production. more

10.10.2013

Romania’s Financial Supervisory Authority, or ASF, Thursday authorized investment fund Fondul Proprietatea (FP.RO) to accelerate a buyback program of 4.35% of its own shares. more

10.07.2013

Vanguard Asset Management, one of the pioneers of the Romanian mutual funds market, has decided to liquidate mutual funds Vanguard Protector and Fondul Oportunitati Nationale (FON) because the more

09.26.2013

Franklin Templeton Investment Management, sole manager of Romanian investment fund Fondul Proprietatea (FP.RO), on Thursday recommended lowering the fund’s share capital by 676.9 million lei more

09.25.2013

Romanian investment fund Fondul Proprietatea (FP.RO) will launch a public tender offer for 4.35% of its own shares in a move to accelerate a buyback program initiated in April last year, the fund’s more

09.09.2013

The combined net assets of Romanian open-end investment funds climbed 2.1% on the month to 10.711 billion lei (EUR2.3 billion) in August, data from the local Association of Asset Managers, or AAF, more

08.27.2013

Romanian regional investment fund SIF Crisana-Banat (SIF1.RO) transferred its majority stakes in nine companies listed on the Rasdaq market in Bucharest to SIF Imobiliare Limited, a newly created firm more

08.14.2013

Romanian investment fund Fondul Proprietatea Wednesday said its net profit rose 4.2% to 536 million lei (EUR121.1 million) at the end of July, from RON514.6 million in the previous month. more

07.25.2013

The Romanian government plans to set up an investment fund with an initial capital of over EUR1 billion that would include the state’s minority stakes in the companies held by the Economy more

06.14.2013

Romanian investment fund Fondul Proprietatea (FP.RO) Friday reported a net profit of 480.55 million lei (EUR107.2 million) at the end of May, well above RON16.85 million in the previous month. more

06.05.2013

Romania attracted EUR712 million in European structural and cohesion fund in the first five months of the year and the country’s fund absorption rate reached only 15% at the end of May, from 11.4% more

05.28.2013

Private equity firm Enterprise Investors, which operates in Central and Eastern Europe, has created a new fund, Polish Enterprise Fund VII (PEF VII), which has EUR314 million at disposal to finance more

05.14.2013

Over 5.8 million Romanians collected an average of 1,861 lei (EUR421) after five years of mandatory contributions to private pension funds, with the amount raised so far being enough to buy a holiday more

05.13.2013

Romania needs to follow in Poland’s footsteps and attract as much in EU funding as possible for its economy and truck market to grow. more

05.08.2013

With the entire 100 million-lei profit from 2012 still in its accounts, regional investment fund SIF Crisana-Banat (SIF1.RO) is going ahead with its plan to take part in the privatization of postal more

05.07.2013

Administrators of Romanian mandatory private pension funds (Pillar II) registered loss of 15.2 million lei (EUR3.5 million) in 2012, down 45.1% on the year. more

04.12.2013

Romanian investment fund Fondul Proprietatea (FP.RO) Friday proposed oil transporter Conpet Ploiesti (COTE.RO) pay out its shareholders a gross dividend of 11.35 lei (EUR2.58) a share from last more

04.09.2013

The net assets administered by Raiffeisen Dolar Plus, the only dollar denominated investment fund in Romania, doubled on the year to $62 million in March. more