Fondul Proprietatea reports 2015 losses of 565.1 million lei

Fondul Proprietatea (FP) reported 2015 losses of 565.1 million lei as against a profit of 427.18 million lei in 2014, according to preliminary data posted on the FP website. ”The main factor behind the significant accounting loss in 2015 was the unrealised negative net change in fair value related to…...

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