Greg Konieczny

The Constitutional Court of Romania (CCR) has found on Tuesday that the law amending Article 1 (3) of Government Emergency Ordinance no. 109/2011 on Corporate Governance of Public Enterprises is unconstitutional. In December, the…

Franklin Templeton Investment Management Ltd. United Kingdom Bucharest Branch (“FTIML”), in its capacity as Investment Manager of Fondul Proprietatea SA (the “Fund”) is pleased to announce that, with effect from 1 April 2018, Johan Meyer…

Fondul Proprietatea (FP) is appalled by the adoption by the Chamber of Deputies on Wednesday of amendments to OUG 109/2011 on corporate governance, which for all intents and purposes exempt over 100 major state-owned companies (SOEs) from…

The Energy Ministry today proposes to extend the mandate of Hidroelectrica’s Supervisory Board members for another four months, according to the convocation of the company’s General Meeting of Shareholders, to be held on August 3. In…

Fondul Proprietatea (FP) has sent a letter to president Klaus Iohannis outlining several reasons that constitute, in the Fund’s view, a strong basis for the non-promulgation of the recently adopted law amending the Government Ordinance no.…

Fondul Proprietatea (FP) has requested the convocation of Hidroelectrica’s ordinary shareholders’ meeting in order to ask shareholders to replace four members of the Supervisory Board. According to a press release, the four members in…

Fondul Proprietatea (FP) representatives have expressed the concern about the further expansion of the "black list" of state-owned companies (SOEs) exempted from the corporate governance law, and considers this to be a step backwards in…

Fondul Proprietatea (FP) shows its concern about the renewed steps to approve the draft law amending the Government Ordinance on ports administration. “If implemented, the law would be very damaging for all of Romania’s port administrations…

Greg Konieczny, Executive Vice President, Templeton Emerging Markets Group and Fund Manager of Fondul Proprietatea (FP), showed his skepticism about Hidroelectrica’s listing on Bucharest Stock Exchange (BVB) this year, as the state-owned…

Fondul Proprietatea (FP), holding a stake of 3.63 percent in BRD Groupe Societe Generale, and NN Pensions Fund (another shareholder of BRD) have put forward a request to include several resolutions for consideration and approval at the…