02.03.2012

Romanian regional investment fund SIF Muntenia (SIF4.RO) Friday said it will transfer 190.23 million shares of its remaining stake in Banca Comerciala Romana (BCR) to Erste Group Bank (EBS.RO) in more

02.03.2012

Romanian investment fund SIF Moldova (SIF2.RO) expects to a achieve a net profit of 76.5 million lei (EUR17.6 million) this year, compared to RON191.5 million in 2011, when it sold its stake in local more

02.03.2012

Adrian Tanase, general manger of ING Investment Management, the manager of the largest equity fund, which invested EUR50 million on the stock market, believes that improvement of corporate governance more

01.31.2012

Romanian regional investment fund SIF Moldova (SIF2.RO) Tuesday call on its shareholders to triple the fund’s capital to 155.7 million lei (EUR), saying its planned dividend payments would deplete 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

01.17.2012

Romanian regional investment fund SIF Oltenia (SIF5.RO), the only one of the five SIFs which has yet to sign the contract to sell its shares in BCR to Austria’s Erste Group Bank (EBS.RO), says there more

01.05.2012

Romanian President Traian Basescu on Thursday signed the decree passing an amendment to Law 297/2004 on the capital market, which raises the limit on ownership in the five regional investment funds more

12.19.2011

Austrian Erste Group Bank (EBS.RO) on Monday announced it has taken over another 6% in Romanian lender BCR, following deals struck with the five regional investment funds, or SIFs, widening its more

12.19.2011

Regional investment fund SIF Oltenia (SIF5.RO), the only SIF not to sell its BCR stake to Austrian Erste, contributed 37.1 million lei (EUR8.54 million) to a share capital increase at the Romanian more

12.16.2011

The transactions whereby Austrian Erste Group Bank (EBD.RO) bought the BCR stakes owned by the five Romanian regional investment funds, or SIFs, brought an increase in the assets and profits of the more

12.15.2011

Regional investment fund SIF Moldova (SIF2.RO) received a 1% stake in Erste Group Bank (EBS.RO) in exchange for a 4.74% stake in BCR, thus becoming the second SIF to leave the Romanian bank's more

12.15.2011

Romania's five regional investment funds, or SIFs, skyrocketed as soon as they were back to trading on the Bucharest bourse, after the Parliament raised the maximum ownership limit in the funds to 5%, more

12.15.2011

Romanian lawmakers on Thursday approved a decision to increase the maximum ownership limit in the five regional investment funds, or SIFs, from 1% to 5%. more

12.12.2011

Regional investment fund SIF Moldova (SIF2.RO) will transfer its remaining 4.74% stake in BCR to Austrian group Erste, receiving a 1% Erste stake in exchange. more

12.12.2011

Regional investment fund SIF Transilvania (SIF3.RO) transferred the entire 6% stake it held in Romanian lender BCR to Austria's Erste Group Bank (EBS.RO), and received a 1% stake in the Austrian bank, more

12.05.2011

Regional investment fund SIF Muntenia (SIF4.RO) collected 70.1 million lei (EUR16.1 million) from Austrian Erste, representing the cash component delivered this year in the deal whereby the SIF sells more

12.05.2011

Regional investment fund SIF Moldova (SIF2.RO) collected 123.6 million lei (EUR28.39 million) from Austrian Erste for the 6% stake it held in lender BCR. more

11.30.2011

Romanian regional investment fund SIF Moldova (SIF2.RO) has concluded a binding agreement to sell the 6% it owns in lender Banca Comerciala Romana (BCR) to Erste Group Bank (EBS.RO), the latter more

11.30.2011

Deputies once again put off discussing the raising of the SIF holding cap in Tuesday’s plenary session of the Chamber of Deputies. The news was received with great disappointment by investors, whose more

11.28.2011

Shareholders of regional investment fund SIF Moldova (SIF2.RO) on Monday agreed to sell the fund’s 6% stake in lender BCR to Erste Group Bank (EBS.RO), the fund said in a statement Monday. more

11.23.2011

Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) Wednesday sold a 2.63% stake in lender Banca Comerciala Romana (BCR) to Austrian Erste Group AG for 50.72 million lei (EUR11.6 million) more

11.16.2011

The net asset value of the five Romanian regional investment funds, or SIFs, dropped 5% in the month and were down 11% since the beginning of the year, to 6.173 billion lei (EUR1.416 billion). more

11.15.2011

Regional investment fund SIF Transilvania (SIF3.RO) on Monday signed a deal to sell to Austrian Erste Group Bank (EBS.RO) the 6% stake it owns in lender Banca Comerciala Romana, or BCR, under terms more

11.14.2011

Regional investment fund SIF Muntenia (SIF4.RO) on Monday reported a net profit of 13.2 million lei (EUR3.1 million) for the first nine months, compared to RON28.3 million in the same interval of more

11.11.2011

Romanian regional investment fund SIF Oltenia (SIF5.RO) Friday reported total revenue of 97.9 million lei (EUR23.2 million) in the first nine months, down 31.8% on the year. more