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HiSky to launch flights from Romania's Bucharest to Paris
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Bosnia's Federation building permits up 2.9% y/y in June
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Bosnia's Federation building permits up 2.9% y/y in June
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HiSky to launch flights from Romania's Bucharest to Paris
HiSky to launch flights from Romania's Bucharest to Paris
addedJul 26, 2024
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EU grants 136 mln euro to Albania for railway line overhaul
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Fortenova sells agri unit to Podravka for 333 mln euro
Fortenova sells agri unit to Podravka for 333 mln euro
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Fortenova sells agri unit to Podravka for 333 mln euro
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Fortenova sells agri unit to Podravka for 333 mln euro
Fortenova sells agri unit to Podravka for 333 mln euro
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Romania
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Fortenova sells agri unit to Podravka for 333 mln euro
addedabout 13 hours ago
Fortis Energy buys 180 MW solar project in Serbia
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Romania financial watchdog asks group of shareholders to cut stake in SIF Oltenia

Apr 25, 2014, 3:07:18 PMArticle by Iliana-Carmen Ionescu
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BUCHAREST (Romania), April 25 (SeeNews) – The Romanian financial supervision authority, ASF, said it has requested investment funds SIF Banat Crisana [BSE:SIF1] and SIF Muntenia [BSE:SIF4], drug maker Biofarm [BSE:BIO] and three other shareholders to reduce their combined stake in SIF Oltenia [BSE:SIF5] to 5.0%.

Romania financial watchdog asks group of shareholders to cut stake in SIF Oltenia

The shareholders, which ASF presumes act in concert, hold a stake of 5.7% in SIF Oltenia, ASF said in a statement on Thursday.

ASF has asked the group to cut its stake in the investment fund to the 5.0% legal limit within the following thee months.

"This decision revealed that SIF 1 purchased a 2.0% stake in SIF 5, while SIF 4 bought 3.0%," Raiffeisen Capital & Investment said in a note to investors on Friday, adding that it rates the news as neutral.

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Fortenova sells agri unit to Podravka for 333 mln euro
addedabout 13 hours ago
Fortis Energy buys 180 MW solar project in Serbia
addedabout 15 hours ago
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