Private shareholders are the first to have submitted theircandidacies for a seat in the Representatives Committee that willsupervise the management of Fondul Proprietatea (Property Fund -FP)by Franklin Templeton.
However, the stake is whom the Romanian will state appoint torepresent its interests.
Until yesterday, July 18, FP received three candidacies for thefive seats in the Representatives Committee, two days before thedeadline expires. The members of the Committee will be chosenduring the general meeting of shareholders of September 6.
One of the three candidacies belongs to lawyer Corin Trandafir,41, representing the interests of Malaxa and Auschnit families'heirs, the biggest private shareholders. The second lawyer isCristian Duţescu, 37, representing the interests of Salink andConeglen foreign investment funds managed by East Capital Swedishinvestment firm.
The third candidacy was submitted by Eugen Pena, 62, a Fundshareholder, who was the general manager of Hidroelectricastate-owned company from 2000 through 2003.
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