FP: Extending Hidroelectrica’s Board mandates generates a risk of corruption
Fondul Proprietatea (FP) announced it opposes the extension proposed by the Energy ministry of the mandates of the current Hidroelectrica…
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Fondul Proprietatea
Fondul Proprietatea disputes the corporate governance policies of ENGIE Romania
Franklin Templeton, investment manager of Fondul Proprietatea (FP), announces that the Fund, acting as shareholder of ENGIE Romania SA, previously…
Electrica buys its minority packages from Fondul Proprietatea for 165 million euro
Fondul Proprietatea (FP) announced the start of the sale procedures to Electrica of the minority holdings held in the company’s…
Fondul Proprietatea requests the revocation of four members of Hidroelectrica’s supervisory board
Fondul Proprietatea (FP) has summoned Hidroelectrica’s ordinary shareholders’ meeting in order to ask shareholders to replace four members of the…
FP: CE Oltenia exemption from corporate governance law – “a huge step backwards”
“We are extremely disappointed and concerned about the efforts of lawmakers to further expand the ‘blacklist’ of state-owned companies exempted…
Hidroelectrica grants dividends of 90% of the profit, without the reserve demanded by FP
Hidroelectrica will pay dividends of approximately 1.036 billion lei, or 90% of the last year’s profit, without the reserve of…
Seele, OMV: Q2 has been stable, positive
Austrian oil and gas group OMV has seen stable business in the second quarter, CEO Rainer Seele told reporters, after…
FP: The ports would generate tremendous losses for the Romanian state
Fondul Proprietatea, which owns major energy and general shares in the Romanian economy, is seriously concerned by the renewed steps…
Romanian companies have reached a capitalization of over EUR 20 billion
The market value of the Romanian companies listed on the Bucharest Stock Exchange (BVB) exceeded EUR 20 billion last week, after DIGI…
Electrica offers dividends of 0.74 lei per share
While Fondul Proprietatea is trying to sell the last minority stakes in the Electrica subsidiaries, it announces a gross dividend…
OMV Petrom Group doubled its profit in the first three months of 2017 to 618 million lei
OMV Petrom posted a net profit of 618 million lei, after the first three months of the year, which is…
Konieczny, FP: Hidroelectrica discusses variants of privatization, but for 2018
Only a miracle will make the Hidroelectrica privatization take place this year, responded Fondul Proprietatea’s manager, Greg Konieczny, to an…
FP requires additional Nuclearelectrica dividend distribution amounting to almost 600 million lei
Fondul Proprietatea, as a minority shareholder, has requested that the National Company Nuclearelectrica (SNN), which manages the two nuclear reactors…