Tuesday, September 21, 2010

Start of rush for Romanian Fondul Proprietatea dividends

Local investors and foreign investment funds have been caught in the rush of the over 1.1 billion-RON dividends of Fondul Proprietatea (Property Fund - FP) and are making last minute share purchases. Left out of this, however, are the former owners who do not know how they can get the dividends, even though the Fund was created precisely to compensate them.

The dividends of Fondul Proprietatea are the hottest topic of the moment, considering the 1.1 billion RON to be disbursed to the Romanian state, which owns 49% in the Fund, and to the more than 4,000 private shareholders are a record high for the Romanian economy.




















News source: ZF English link: article

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