11.09.2011

Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) on Tuesday signed a deal with Erste Group Bank (EBS.RO) to sell the stake it owns in lender BCR, under terms approved in a shareholder more

11.07.2011

Management at Romanian lender BCR added a new item on the shareholder meeting agenda set for November, namely talks on the floating of BCR stock, requested by regional investment fund SIF Moldova more

11.04.2011

Regional investment fund SIF Banat-Crisana (SIF1.RO) on Friday reported a net profit of 20.6 million lei (EUR4.9 million) for the first nine months of the year, compared to RON44.3 million in the same more

11.04.2011

Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) Friday approved selling its 6% stake in bank Banca Comerciala Romana (BCR) to Austrian Erste Group Bank AG (EBS.RO), people familiar with more

10.31.2011

Romanian regional investment fund SIF Transilvania (SIF3.RO) Monday reported total revenue of 190.8 million lei (EUR45.3 million) in the first nine months, threefold higher on the year. more

10.31.2011

Romanian regional investment fund SIF Transilvania (SIF3.RO) Monday approved selling its 6% stake in bank Banca Comerciala Romana (BCR) to Austrian Erste Group Bank AG (EBS.RO), people familiar with more

10.27.2011

Romanian regional investment fund SIF Moldova (SIF2.RO) Thursday reported total revenue of 134.5 million lei (EUR31 million) in the first nine months, down 8.2% on the year. more

10.14.2011

Romanian regional investment fund SIF Muntenia (SIF4.RO) Friday said it will sell a 3.77% stake in lender Banca Comerciala Romana (BCR) this year, for 70.1 million lei (EUR16.2 million) and Erste more

10.13.2011

Romanian regional investment fund SIF Muntenia (SIF4.RO) Thursday sold its 6% stake in bank Banca Comerciala Romana (BCR) to Austrian Erste Group Bank AG (EBS.RO), under terms similar to the agreement more

10.05.2011

The shares of the five regional investment funds (SIF) were significantly affected on the stock exchange, losing up to 15% in the last three trading sessions alone amid foreign stock exchange more

09.30.2011

The managing board of regional investment fund SIF Banat-Crisana (SIF1.RO) called a shareholder meeting for November 3, to discuss options for the stake held in lender BCR, at the beckoning of more

09.27.2011

Romanian securities commission CNVM Tuesday said investment fund SIF Banat-Crisana (SIF1.RO) has 45 days to call a shareholder meeting to present possible strategies for capitalizing its 6% stake in more

09.22.2011

The shareholders of Romanian regional investment fund SIF Muntenia (SIF4.RO) allowed the managing board to decide whether to sell or keep the BCR stake, Thursday said Petre Szel, president of SIF more

09.20.2011

SIF Oltenia (SIF5.RO) and businessman Catalin Chelu are engaged in one of the fiercest fights on the stock market, throwing accusations at each other and dragging important institutions into this war, more

09.20.2011

The shareholders of the five regional investment funds (SIF) say they are disappointed with the price offered by Austrian group Erste to take over 24.12% in BCR. They have yet to decide how they will more

09.16.2011

Rothschild investment bank will receive EUR750,000 for evaluation services during negotiations between Austria’s Erste Group and minority stockholders in its Romanian unit BCR. more

09.16.2011

Erste has finally persuaded four of the five regional investment funds (SIFs) to sell their stakes in BCR after more than one year of negotiations, but the Bucharest bourse loses one on the largest more

09.15.2011

The managing board of regional investment fund SIF Transilvania (SIF3.RO) called shareholders to meet on October 31 and approve the sale of a 6% stake in lender BCR, the fund said Thursday in a more

09.14.2011

Erste could announce the offer for 30% in Romania’s largest lender BCR over the next few days. If the deal comes through, Romania will lose the unique opportunity of having its largest bank listed. more

09.09.2011

The five regional investment funds (SIFs) are increasingly pressured by the approaching deadline to decide on the fate of the 30.1% stake in Romania’s largest bank, BCR. The SIFs met with Erste more

09.06.2011

Securities regulator CNVM on Tuesday validated two provisional members of the board at regional investment fund SIF Oltenia (SIF5.RO). more

08.29.2011

As the date agreed for the floatation of Banca Comerciala Romana (BCR), the largest domestic bank, is drawing near, the row among the regional investment funds (SIFs) is getting fiercer. more

08.22.2011

On the Romanian bourse, both banks and companies in defensive industries have been hurt by the new wave of stock exchange declines. more

08.18.2011

Romanian regional fund SIF Muntenia (SIF4.RO) on Thursday called for a shareholder meeting September 21 to discuss the listing of the country’s largest bank BCR, in which is owns a minority stake. more

08.18.2011

Securities regulator CNVM sent a letter to regional investment fund SIF Banat-Crisana (SIF1.RO) saying the suspension of voting rights for several investment funds, which wanted higher dividends, was more