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Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at [email protected] 

 

Funds managed by Dutch group NN reach 5% stake in OMV Petrom

Dutch asset management group has reached a stake of 5.03% in Romania's biggest energy company - OMV Petrom (SNP), according to a report on the Bucharest Stock Exchange.

According to the notification, several funds managed by NN Group's local and international divisions currently hold 2.85 billion OMV Petrom shares, worth RON 1.1 billion (EUR 227 million).

The biggest stake - 4.34% - belongs to NN's mandatory pension fund in Romania, the biggest such fund on the market. The remaining shares are split among funds managed by NN Asigurari de Viata and NN Investment Partners.

The Dutch group is now the fourth-biggest shareholder of OMV Petrom.

OMV Aktiengesellschaft, one of the largest listed industrial companies in Austria, holds a 51% stake in OMV Petrom. The Romanian state owns 20.639% of the company's shares, and investment fund Fondul Proprietatea holds just under 7%.

OMV Petrom is the most valuable listed company in Romania, with a market capitalization of close to RON 22 bln (EUR 4.5 bln).

[email protected]

(Photo source: Cristi Croitoru/Dreamstime.com)

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Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at [email protected] 

 

Funds managed by Dutch group NN reach 5% stake in OMV Petrom

Dutch asset management group has reached a stake of 5.03% in Romania's biggest energy company - OMV Petrom (SNP), according to a report on the Bucharest Stock Exchange.

According to the notification, several funds managed by NN Group's local and international divisions currently hold 2.85 billion OMV Petrom shares, worth RON 1.1 billion (EUR 227 million).

The biggest stake - 4.34% - belongs to NN's mandatory pension fund in Romania, the biggest such fund on the market. The remaining shares are split among funds managed by NN Asigurari de Viata and NN Investment Partners.

The Dutch group is now the fourth-biggest shareholder of OMV Petrom.

OMV Aktiengesellschaft, one of the largest listed industrial companies in Austria, holds a 51% stake in OMV Petrom. The Romanian state owns 20.639% of the company's shares, and investment fund Fondul Proprietatea holds just under 7%.

OMV Petrom is the most valuable listed company in Romania, with a market capitalization of close to RON 22 bln (EUR 4.5 bln).

[email protected]

(Photo source: Cristi Croitoru/Dreamstime.com)

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