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

02.14.2012

Romanian investment fund Fondul Proprietatea (FP.RO) has appointed Sorin Mihai Mindrutescu as the new chairman of the Board of Nominees, the fund said in a statement Tuesday. more

02.06.2012

Foreign investors increased their holdings in Romanian investment fund Fondul Proprietatea (FP.RO) to 53.48% in January, from 51.5% a month earlier, the fund said in a statement Monday. more

02.01.2012

The Bucharest Stock Exchange had a very good start of the year, with the main index BET closing January with a 12.7% rise. The BET-FI index, which tracks the shares of Fondul Proprietatea (FP.RO) and more

01.27.2012

Board members at state-run companies will be chosen by independent human resources experts, the annual and six-month financial reports will be published on corporate websites, as will the salaries of more

01.26.2012

Fondul Proprietatea (FP.RO) has in the past year moved from Romanian state control in the hands of a group of private U.S. shareholders, marking the end of the biggest privatization in disguise in the more

01.25.2012

Romanian investment fund Fondul Proprietatea (FP.RO) plans to sell part of its natural gas and energy stocks in 2012, the fund’s manager Greg Konieczny said Wednesday. more

01.25.2012

The listing of investment fund Fondul Proprietatea (FP.RO) on the Bucharest Stock Exchange (BVB) on January 25, 2011 was the chance for the capital market to be reborn and for former owners stripped more

01.24.2012

Over 9 million Romanians are shareholders in listed and unlisted companies, but only a few tens of thousands trade shares on the stock exchange. The rest don’t even know they could be millionaires. more

01.18.2012

The Romanian government has to solve around 145,000 claims for compensation submitted by people stripped of their properties by the communist regime, after in the past twenty years the state restored more

01.13.2012

Romanian investment fund Fondul Proprietatea (FP.RO) Friday said its net profit rose 19.2% to 543.82 million lei (EUR125.5 million) in 2011, from RON456.18 million a year earlier. more

01.11.2012

New York-based hedge fund Elliott Associates L.P., a unit of Elliott Management Corp, together with sister company Beresford, own an aggregate 12.91% in Romanian investment fund Fondul Proprietatea more

01.10.2012

Over 40,000 former owners have been left stranded after the Romanian government ran out of Fondul Proprietatea (FP.RO) shares and don’t know how they will be compensated for being stripped off their more

01.10.2012

Austria’s Erste Group Bank Tuesday cut by 29% to 0.51 lei (EUR0.117) a share its 12-month target price on Romanian investment fund Fondul Proprietatea (FP.RO), while keeping its recommendation more

01.06.2012

The Finance Ministry transferred a total 1.48% in investment fun Fondul Proprietatea (FP.RO) in December, which leaves it with a 0.02% stake to be granted as compensation. more

12.28.2011

The most profitable state-run companies on the Bucharest stock exchange--Transgaz Medias (TGN.RO), Conpet Ploiesti (COTE.RO) and this year Transelectrica (TEL.RO) as well--could pay dividends of up to more

12.23.2011

A 0.46% stake in investment fund Fondul Proprietatea (FP.RO) was sold Friday on the Bucharest bourse's deal market for 27.1 million lei (EUR6.3 million). more

12.23.2011

A Bucharest Court’s ruling to cancel several decisions taken by the shareholders of Romanian investment fund Fondul Proprietatea (FP.RO), including the appointment of Franklin Templeton as sole more

12.22.2011

The Bucharest court decided to cancel a shareholder decision from September 2010, which amended the statute of investment fund Fondul Proprietatea (FP.RO) and enabled the appointment of Frnaklin more