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Hidroelectrica and OMV Petrom boost Fondul Proprietatea’s profit in H1

Fondul Proprietatea (FP), the biggest investment fund in Romania, recorded a net profit of RON 1.8 bln (EUR 367 mln) in the first half of this year, compared with losses of RON 849 mln in the same period of 2020.   The main contributors to the profit were the net unrealized gains from the fund’s investments in OMV Petrom (RON 244 mln) and Hidroelectrica (RON 910 mln). Oil and gas group OMV Petrom (SNP), which is listed on the ...

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