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ACTmedia

A Romanian national fund unlike any other
Financial Times
In addition, the fund has become more transparent and liquid after its listing on the Bucharest stock exchange. Perhaps most significantly, its shares languish at a 60 per cent discount to net asset value, attracting deep value investors.
FP managers estimate that leul will strengthen in 2012ACTmedia

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Romania-Insider.com

Romania's Fondul Proprietatea listing in Warsaw, still on track for first half ...
Romania-Insider.com
The US Ambassador to Romania, Mark Gitenstein made his remarks during a conference organized to celebrate Fondul Proprietatea's first year on the Bucharest Stock Exchange. “Despite last year's results proving that foreign investors are interested in ...
US AMBASSADOR MARK H. GITENSTEIN'S REMARKS at Bucharest Stock Exchange for One ...ACTmedia
Romania's Proprietatea Fund plans to sell stakes in natural gas and ...Balkans.com Business News

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Romania - Factors to watch on Jan 30
Reuters
Ziarul Financiar, Page 1 HIDROELECTRICA * Shareholders in Romanian state-owned hydro power producer Hidroelectrica approved last week listing shares in the company on the Bucharest stock exchange. Ziarul Financiar, Page 5 * The government approved on ...

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Banca Transilvania's 2011 Profit Rose 35% on New Loans
Bloomberg
Net income increased to 131.9 million lei ($40 million) from 97.5 million lei a year earlier, the Cluj-Napoca Romania- based bank said in a statement sent to the Bucharest Stock Exchange. The cost of bad loans fell 17 percent to 532 million lei ...

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Hidroelectrica Seeks Bids for Stake Sale Manager by March 1
Bloomberg
Hidroelectrica SA, Romania's state- owned hydropower generator, seeks bids from companies interested in managing the sale of a 10 percent stake through an initial public offering on the Bucharest Stock Exchange, according to a statement published ...

Growth is not going to come from cutting costs alone – it must come from private and public investment, the US ...

The US Ambassador to Romania, Mark Gitenstein, attending the Bucharest Stock Exchange conference dedicated to the One Year Anniversary of Fondul Proprietatea (Proprietatea Fund) Listing, yesterday blamed the lack of investors in the Romanian energy sector on “the profits of publicly-owned enterprises being too often diverted back to state coffers or into the pockets of well-connected individuals ...

Hidroelectrica Seeks Bids for Stake Sale Manager by March 1

Hidroelectrica SA, Romania’s state- owned hydropower generator, seeks bids from companies interested in managing the sale of a 10 percent stake through an initial public offering on the Bucharest Stock Exchange, according to a statement published through Ziarul Financiar today.

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The Proprietatea Fund (FP) plans to sell, this year, part of the shares it holds in natural gas or electricity companies, FP manager Greg Konieczny said yesterday.

Ablon Group Limited - Directorate Change

 FOR IMMEDIATE RELEASE 24 January 2012 ABLON GROUP LIMITED (the "Company") DIRECTORATE CHANGE The Company has today been advised that Gerry Williams has resigned as a director of the Company ...

New Europe Property - Acquisition

 New Europe Property Investments plc (Incorporated and registered in the Isle of Man with registered number 001211V) (Registered as an external company with limited liability under the laws of South Africa, ...

Vimetco N.V. - Notification of Financial Calendar for 2012

 Press release VIMETCO NOTIFICATION OF FINANCIAL CALENDAR FOR 2012 Amsterdam, 30 January 2012 - Vimetco NV (LSE: VICO), the global producer of primary and processed aluminium products, hereby announces ...

Vimetco N.V. - EGM Statement

 Press release VIMETCO EGM STATEMENT AND RESULT Amsterdam, 20 January 2012 - Vimetco NV (LSE: VICO, "the Company"), the global producer of primary and processed aluminium products, today announces ...

Vimetco N.V. - Update on Energy Supply Arrangements

 Press release Vimetco - update on energy supply arrangements Amsterdam, 19 January 2012 - Vimetco N.V. (LSE: VICO, "Vimetco"), the global producer of primary and processed aluminium products, ...

European stocks dip

European stocks dropped on Wednesday, despite a successful German bond auction, as caution crept into the market ahead of Thursday’s Italian and Spanish bond auctions and the European Central Bank’s (ECB) interest rate announcement, Wall Street Journal informs.

Archive for January 8th, 2012

According to an opinion poll ordered by the Association for Implementing Democracy, approximately two thirds (67 per cent) of Romanians believe that corruption rose in Romania in the last year, 6 per cent believe it dropped and 26 per cent believe that the corruption level remained unchanged. 34 per cent of the respondents stated that [...]





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