Fund Portfolio

As at 31 October 2017, Fondul Proprietatea's portfolio included holdings in 42 companies: 10 listed companies accounting for 22% of the NAV and 32 unlisted companies, accounting for 70% of the NAV.

Please find below the top 10 portfolio holdings:   

company name % share capital held by FP* NAV (EUR mn) %NAV
Hidroelectrica SA 19.9 735.9 31.9
OMV Petrom SA 10.0 352.2 15.3
CN Aeroporturi Bucuresti SA 20.0 165.5 7.2
E-Distributie Banat SA 24.1 130.5 5.7
Engie Romania  12.0 98.6 4.3
E-Distributie Muntenia SA 12.0 97.7 4.2
E-Distributie Dobrogea SA 24.1 82.7 3.6
BRD Groupe Societe Generale SA 3.2 59.9 2.6
CN Administratia Porturilor Maritime SA 20.0 47.0 2.0
SDEE Muntenia Nord SA 22.0 45.6 2.0

Top 10 Portfolio Holdings

 

1,815.6

78.8

NAV

 

2,305.5

100.0

NAV per share (EUR)

 

0.2635

 

For full details on the Fund's portfolio, please visit the Statement of Investments section, here.

List of Board Members in Portfolio Companies Recommended by Fondul Proprietatea, as at 31 October 2017:

Company Name Number of Board Members  Board Members Recommended by FP Expiry Mandate
Aeroportul International Timisoara - Traian Vuia SA 5 Madalin Georgescu 2019
Aeroportul International Mihail Kogalniceanu Constanta SA 7 Voicu Cheta 2018
Alcom SA 3 Vlad Neacsu
Adrian Cighi*

2020
2020

CN Aeroporturi Bucuresti SA 7 Dan Gheorghe* 2018
CN Administratia Canalelor Navigabile Constanta 7 Voicu Cheta 2020
CN Administratia Porturilor Dunarii Fluviale SA 7 Daniel Naftali* 2018
CN Administratia Porturilor Maritime SA Constanta 7 Daniel Naftali*

2018

Complexul Energetic Oltenia SA 7 Catalin Nichifor 2020
Conpet SA 7 Radu Bugica 2017
Enel Distributie Dobrogea SA 7 Calin Metes* 2020
Enel Distributie Banat SA 7 Catalin Niculita* 2020
Enel Energie SA 7 Calin Metes* 2018
Hidroelectrica SA 7 Oana Truta* Until the enforcement 
of OUG 109
Nuclearelectrica SA 7 Sebastian Tcaciuc 2017
OMV Petrom SA 9 Mark Mobius* 2021
Palace SA 7 Vlad Neacsu 2019
Plafar SA 5 Voicu Cheta
Daniel Naftali*
2020
2020
Posta Romana SA 7 Florin Luca 2018
Romaero SA 7 Aurelian Trifa 2017
Societatea Nationala a Sarii Salrom SA 5 Simona Fatu
Dan Gheorghe*
2020
2020
Zirom SA 3 Dumitru Matei
Tudor Stoia
Daniel Naftali*
2019
2020
2018

Portfolio Structure - by Asset Type as of 31 October 2017

[name] [value]
Listed Equities 22.47%
Unlisted Equities 70.02%
Net Cash and receivables* 7.51%