Romanian investment fund SIF Transilvania’s revenues up 20% in first nine months of the year

Romanian investment fund SIF Transilvania recorded total revenues of some EUR 77 million (RON 342 million) in the first nine months of the year, up 20 percent against the same period in 2012, according to the company’s data. Also, the fund’s expenses went up some 60 percent year-on-year, to around EUR 20.6 million (RON 91 million). SIF Transilvania reported a net profit of EUR 48.5 million (RON 213.6 million) at September 30, 2013, up 9 percent compared to the same period the previous year. SIF Transilvania is traded on the Bucharest Stock Exchange (BVB) under the symbol SIF3. Irina Popescu, irina.popescu@romania-insider.com