Fondul Proprietatea

Stock Exchange president:Nice decade-long evolution of local capital market in terms of liquidity, listed companies' value

The local capital market has evolved nicely both in terms of liquidity and of the value of the listed companies, president of the Bucharest Stock Exchange (BVB) Radu Hanga told a news conference today dedicated to the 10th anniversary of the listing of Fondul Proprietatea (FP).

FP Portfolio Manager Meyer: One-off chance for Romania to shine this year despite economic slowdown

Romania has a one-off chance to shine this year, despite an economic slowdown compared to the previous years, says Johan Meyer, CEO of Franklin Templeton Investment Management Limited UK Bucharest Branch and Fondul Proprietatea co-Portfolio Manager. "30 years after the fall of the communist regime, Romania seems well anchored to the European values and on a clear path of economic development.

Franklin Templeton's Romania CEO: Time Gov't was genuinely concerned to develop country's capital market

The government should be genuinely concerned to develop the country's capital market, and the listing of state-owned companies such as Hidroelectrica and Bucharest Airports could significantly contribute to Romania's promotion to emerging market status, says Johan Meyer, Franklin Templeton Investments CEO and Fondul Proprietatea portfolio manager.

Fondul Proprietatea: Selling 8pct of Petrom to employees a nightmare, since legislation not clear

The gov't intent to sell up to 8 percent of the Petrom shares to its employees will be a complex process that will generate litigations to stretch on several years, since the legislation is not clear as regards the beneficiaries and what is exactly the percentage in shares, on Friday asserted in a press conference Johan Meyer, CEO Franklin Templeton Investments and Fondul Proprietatea Fund Mana

Online commerce takes postal, courier services market in Romania to over 4bln lei in 2018 (KeysFin)

Businesses in the postal and courier sector exceeded the 4 billion lei threshold in 2018 due to the spectacular increase in product sales on the Internet, KeysFin specialists estimate in an analysis published on Monday.

Financial Supervisory Authority approves capital reduction for cash distribution at Proprietatea Fund

The Financial Supervisory Authority has approved the reduction of the subscribed social capital of the Proprietatea Fund from 11.575 billion lei to 10.965 billion lei, to distribute cash to the fund unit holders, the management company of the Fund announced on Friday in a report to the Bucharest Stock Exchange (BVB).

Photo credit: (c) Cristian NISTOR / AGERPRES ARCHIVE

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