Fondul Proprietatea bought shares of almost RON 4 M in a buy-back programme

fondul proprietatea

During May 16 – 20, Fondul Proprietatea (FP) purchased 5.4 million GDRs (Global Depositary Receipts) for RON 3.9 million in a buy-back programme, according to information published on the Bucharest Stock Exchange (BVB). There are 639.9 million shares left to ...

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EUR 1 bn from foreign markets through a 12-year bond issue

12-year bond issue

Romania has drawn EUR 1 billion from foreign markets through a 12-year bond issue at a yield of 2.992 percent, the Ministry of Public Finance (MFP) reads Friday in a press release, almost twice oversubscribed. The investment base of transaction ...

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State and Fondul Proprietatea renew the agreement on Hidroelectrica’s IPO


Shareholders of Hidroelectrica hydropower producer – Ministry of Energy and Fondul Proprietatea – signed an agreement with the intermediary syndicate comprising Morgan Stanley and Raiffeisen Bank, which establishes the resumption of the obligations under the Engagement Letter regarding Hidroelectrica’s Initial ...

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1 year since Fondul Proprietatea secondary listing on LSE

Fondul Proprietatea

Fondul Proprietatea (FP) celebrates one year since it began trading on the Specialist Fund Market of the London Stock Exchange (LSE) by means of global depositary receipts (GDRs) on 29 April 2015, as a press release informs. “We are delighted ...

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Hidroelectrica to exit insolvency by May. Focus on selling a minority stake via IPO


Romanian state-controlled hydropower producer Hidroelectrica plans to finally exit its insolvency process by next month, and aims to sell a minority stake in an initial public offering (IPO) by November, company’s trustee Remus Borza (photo) told Reuters on Sunday in ...

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How the profile of Romanian stock market investor looks like?


Romanian investing on the stock market – shares, indices, FX, commodities – has a stable financial situation, digi24.ro informs. Thus, according to an Saxo Bank analysis, he earns more than EUR 4,000 per month and is 35-40 years old. Romanian ...

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BVB’s Sobolewski: Romania’s privatisations may resume in 2016


Romania’s privatisation programme may resume this year after a hiatus in 2015, Ludwik Sobolewski CEO of Bucharest Stock Exchange (BVB) said on Thursday in an interview for Reuters news agency, profit.ro quoting, with at least one potential flotation in the ...

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