11.19.2024

Fitch Ratings has upgraded Banca Transilvania S.A.'s (Transilvania) Long-Term Issuer Default Rating (IDR) to 'BBB-' from 'BB+' and Short-Term IDR to 'F3' from 'B'. The Outlook on the Long-Term IDR is more

11.18.2024

Wallberg Properties, the real estate developer controlled by entrepreneur Valentin Morar, has obtained EUR5.9 million financing from lender Banca Transilvania for the construction of the fourth more

11.14.2024

The board of directors of Banca Transilvania, Romania’s largest lending institution, has convened the Extraordinary General Meeting of Shareholders for December 18th, a date when they will vote on more

11.12.2024

Transilvania Broker de Asigurare (stock symbol: TBK), one of the largest insurance brokers in Romania, recorded a net profit of RON2.2 million for the first nine months of 2024, down 65% compared to more

11.05.2024

Transilvania Constructii, a company that develops, owns and manages industrial properties under TRC Parks network, controlled by Timofte family of Cluj-Napoca, for 2023 reported turnover worth RON45.3 more

10.14.2024

Arobs Transilvania Software (stock symbol: AROBS) has announced in a stock market report on Oct 14 that its CEO, Voicu Oprean, sold 35.4 million shares in the company he runs, on Thursday (Oct 10). more

09.30.2024

Law firm Filip & Company assisted Banca Transilvania with the launch of a sustainable bond issue, raising EUR700 million from international markets. more

09.26.2024

Romanian lender Banca Transilvania (stock symbol: BT) has announced in a press statement that it sold EUR700 million in bonds on September 25, 2024, while investor demand exceeded EUR2.5 billion. more

09.20.2024

Omer Tetik, CEO of Romania's largest bank, Banca Transilvania (stock symbol: TLV), has reported to the Bucharest Stock Exchange the sale of some 95,000 bank shares in three consecutive sessions. more

09.10.2024

Transilvania Nuts, controlled by entrepreneurs Levente Bara and Alexandru Chiric, with operations in the field of walnut kernel processing, wants to invest EUR7 million to build a new plant in Ciugud, more

08.22.2024

Vegetable oil producer Argus Constanta (UARG.RO), 91.4% held by Infinity Capital, notified the Bucharest Stock Exchange on Thursday evening of having si9gned a RON67 million loan agreement with Banca more

08.20.2024

Banca Transilvania (TLV.RO), the largest lender in Romania, ended the first half of 2024 with a consolidated net profit of RON2.1 billion, up from the RON1.59 billion in the first half of 2023, while more

08.09.2024

Transilvania Investments Alliance (stock symbol: TRANSI), one of the five financial investment companies at the Bucharest Stock Exchange, with assets worth over RON2 billion, has announced in a stock more

08.01.2024

The Filip & Company team has provided legal assistance to Banca Transilvania on closing its acquisition of OTP Bank Romania and OTP Leasing Romania. more

07.30.2024

Banca Transilvania (TLV.RO), the largest lender in Romania by assets, notified the Bucharest Stock Exchange of having signed the papers to complete the acquisition of OTP Bank Romania in its entirety more

07.15.2024

The Competition Council has approved the transaction whereby Banca Transilvania S.A. intends to acquire OTP Bank Romania S.A., OTP Leasing Romania IFN S.A., OTP Asset Management Romania S.A.I. S.A., more

06.27.2024

The European Bank for Reconstruction and Development (EBRD) has slightly cut its stake in Banca Transilvania, the largest bank in Romania, via the sale of 13.7 million shares in an accelerated more

06.20.2024

Real estate developer STC Partners has obtained EUR10 million financing from lender Banca Transilvania for the development of Phase II of the residential compound Quartier Azuga, located near the Tei more

06.19.2024

Real estate developer One United Properties (BSE:ONE) has announced in a stock market report on Wednesday (June 19) that its subsidiary One United Tower had contracted a bank financing of EUR47 more

06.18.2024

Banca Transilvania (BSE:TLV), the largest credit institution in Romania, on June 26 will be distributing dividends worth RON1 billion from its 2023 record profit of RON3 billion, respectively a gross more

05.30.2024

Natural gas producer and supplier Romgaz (SNG.RO) is calling its shareholders for a meeting on July 1, 2024 to approve, among others, two loans under the form of credit lines, one from Banca more

05.29.2024

Filip & Company team has assisted Banca Transilvania Group in the acquisition of BRD Pensii, a Societe Generale group company that manages a mandatory private pension fund (Pillar II) and a voluntary more

05.15.2024

Transilvania Broker de Asigurare (TBK.RO), one of the largest insurance brokers on the local market, ended the first quarter of 2024 with net profit of RON0.85 million, down 80.4% on the year, and a more

05.11.2024

Banca Transilvania (TLV.RO), Romania's largest lender, posted an individual net profit of RON913 million in the first quarter of 2024, up 35% compared with the year-ago period, the bank said in a more

05.02.2024

BT Leasing Transilvania IFN, the financial leasing arm of Banca Transilvania group, ended 2023 with net individual profit of RON149 million, up 90% year-on-year, amid net interest income of RON166 more