FP shareholders approve 2013 budget; gross profit projected to advance 27 pct

Fondul Proprietatea (FP) shareholders on Friday approved the sovereign fund's 2013 budget, which includes a projected profit of RON 584.26 million (nearly 128.975 million euros against today's value), up 27 percent from 2012.Revenues are projected to reach RON 660.29 million, up 25 percent from 2012, RON 618.17 million of which would be from dividends, up 21 percent, and RON 42.12 million from interest rates, up 110 percent.The fund is ...

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