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Romania’s Future Sovereign Investment Fund to create IPOs

The Sovereign Investment Fund will be beneficial for Romania, as it will have the capacity to create initial public offerings (IPOs) to raise funds for new investments, GregKonieczny, CEO and portfolio manager of Fondul Proprietatea said Tuesday at a press conference, business-review.eu reports. Konieczny welcomed the initiative to create the Sovereign Investment Fund, and expressed hope that it will minimize the interference ...

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