funds
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Funds listed in London have 1bn-euro real estate projects
The six investment funds listed on the AIM market of the London Stock Exchange, which operate in Romania, own or have more than 30 projects in progress with a total value of 939.5 million eu...
Three risk profiles for mandatory pension funds
Mandatory private pension funds (pillar II) are to be split into three risk profiles: low, medium and high, according to a methodology being developed by the Pension System Supervision Commi...
BCR & BRD, custodians of compulsory private pensions funds
The two largest banks in the system in terms of assets, BCR and BRD-SocGen, were approved as depositories for assets of compulsory private pensions (the 2nd pillar), announced the Private Pe...
Private pension funds could trigger artificial increases in share prices
Private pension funds, which will be able to invest up to 25% of contributors' capital on the Romanian stock exchange, could increase the value of shares to unsustainable levels. Management...
Farmexim gives cold shoulder to investment funds
Farmexim, one of the top distributors on the local pharmaceuticals market, has posted net profit of 2.4 million euros, after the company originally targeted a net gain of 1.1 million euros....
Hill International: European funds open up the market
Infrastructure consultancy company Hill International's deputy chairman, Panayotis Methenitis, in charge of development in Eastern Europe and the Balkans, has stated that the value of projec...
Avicola Buzau awaits European funds to invest
Bodgan Stanca, one of the 3 shareholders in Aaylex group of firms that owns Avicola Buzau, says the group is set to invest more than 26m euros to develop chicken production, despite the 2.8m...
10 managers getting ready to manage private pension funds
Six companies have already expressed their formal interest in the private pensions market put at over 1bn euros in the next three years. Which are the players that will operate on this marke...
CEROPE: 15% higher GDP if EU funds are absorbed
The full absorption of European funds would allow Romania to experience a 15% increase in GDP in 2013 than if there was no funding at all. Consecutively, investment would increase by over 28...