Loading page...

Romanian Business News - ACTMedia :: Services|About us|Contact|RSS RSS


The 8th edition of the 'Analysts and Investors' Day, October 27 to 29, 2015, in Bucharest


 Franklin Templeton, the Proprietatea Fund's manager, is organizing the 8th edition of the Analysts and Investors' Day, October 27 to 29, 2015, in Bucharest, according to a release issued on Wednesday.

Participating in this event are over 120 international analysts and investors. "The presence of such a high number of institutional investors is evidence to the fact that the Proprietatea Fund and other companies in Romania represent an attractive opportunity for investors. Moreover, the Analysts and Investors' Day organized by us is an excellent opportunity for the Government and the authorities of the capital market to interact with investors and learn their views on the launch of IPOs and SPOs, improving the implementation of the corporate governance standards in state-owned companies and accelerate the development of the local capital market," said the Proprietatea Fund's Manager Greg Konieczny. 

Representatives of the Presidential Administration, the U.S. Embassy, British Embassy, the National Bank of Romania, the Ministry of Finance, Ministry of Energy, the International Monetary Fund, the Financial Supervisory Authority and of the National Energy Regulatory Authority will take the floor at this event. 

Moreover, representatives of some large companies in Romania will hold presentations on the businesses they manage. 

Launched in December 2005, the Proprietatea Fund was set up to offset the Romanian citizens whose properties were confiscated by the former communist regime. Following the international auction in December 2008, Franklin Templeton Investments officially took over as investment manager and sole administrator of the Fund on September 29, 2010. The Fund is a closed-end investment company, and its objective is to maximize yields and appreciation per share of the capital by investments mainly in Romanian shares and securities associated to shares. 

Franklin Templeton opened its office in Bucharest in May 2010, with a team of 30 employees, including six local investment specialists who are backed by over 40 portfolio managers and analysts of the broader team of Templeton Emerging Markets.