Business Forum • 18 May, 2026 at 4:20 PM
Fondul Proprietatea has exercised its pre-emption right and subscribed to 5.6 million new shares in National Company Administrația Porturilor Maritime (CNAPM), investing €10.8 million to maintain its existing shareholding percentage.
The investment fund, managed by Franklin Templeton International Services, subscribed to around 5.6 million new shares with a nominal value of RON 10 per share, totaling RON 56.3 million (€10.8 million). The share capital increase was approved by CNAPM's shareholders in March 2026.
"The Fund Manager exercised its pre-emption right for the purpose of maintaining the Fund's existing shareholding percentage in CNAPM's share capital," the company stated.
CNAPM operates Romania's maritime ports infrastructure. Fondul Proprietatea is one of Romania's largest investment funds, with shares traded on the BVB and a paid-up share capital of around €307 million.