02.13.2014

Romanian lender Banca Transilvania (TLV.RO) Thursday said its net profit rose 17% to 374.9 million lei (EUR83.7 million) in 2013, on higher revenue from lending. more

01.16.2014

Andrei Iancu Timofte, general manager of Romanian constructor Transilvania Constructii (COTR.RO), launches a takeover offer for the 18.77% stake it does not own in the company, valued at 11.71 million more

12.20.2013

Insolvent office compound Swan Office & Technlology Park located in Pipera-Tunari will be auctioned off at a starting price of EUR42.7 million. more

12.09.2013

Financial group Banca Transilvania holds 11.91% in Romanian milling and bakery company Boromir Prod Buzau (SPCU.RO), controlled by businessman Constantin Boromiz. more

11.26.2013

Romanian canned meat producer Scandia Food has borrowed EUR22 million from local lender Banca Transilvania (TLV.RO) to upgrade equipment and finance new investment, the company said Tuesday. more

11.18.2013

Romanian lender Banca Transilvania (TLV.RO) plans to repurchase 0.04% of its shares, as part of a three-year buyback program aimed to motivate employees, the bank said in a statement Monday. more

11.15.2013

Andrei Iancu Timofte Thursday bought about 49.62% of Romanian constructor Transilvania Constructii (COTR.RO) from regional investment fund SIF Crisana-Banat (SIF1.RO), for 29.1 million lei (EUR6.5 more

11.14.2013

Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) on Thursday sold a 49.6% stake in construction company Transilvania Constructii (COTR.RO) for 29.1 million lei (EUR6.5 million), the fund more

11.07.2013

The European Investment Fund and Romanian bank Banca Transilvania (TLV.RO) have signed a EUR21 million financing agreement under the European Progress Microfinance Facility for on-lending to small and more

11.04.2013

Banca Transilvania (TLV.RO), the Romanian bank that has gained around 2.5% of market share since the beginning of the crisis, has no skeletons in its closet, says Omer Tetik, the bank’s CEO. He more

10.31.2013

Romanian lender Banca Transilvania (TLV.RO) reported a net profit of 240.2 million lei (EUR54.4 million) for the first nine months, down 9.5% on the year, the bank said in a statement Thursday. more

10.25.2013

Romanian regional investment fund SIF Transilvania (SIF3.RO) registered 20% higher revenues in the first nine months of 2013, of 342.09 million lei (EUR77.6 million), and the increase was fueled by more

10.18.2013

Romanian drilling company Dafora Medias (DAFR.RO), controlled by businessman Gheorghe Calbureanu, plans to borrow 28.7 million lei (EUR6.4 million) from lender Banca Transilvania to finance more

10.18.2013

Regional investment fund SIF Crisana-Banat (SIF1.RO) wants to buy 50.37% of construction firm Transilvania Constructii (COTR.RO) for 23.8 million lei (EUR5.3 million), or RON50 per share. more

10.16.2013

Romanian lender Banca Transilvania (TLV.RO) will open a branch in Rome, Italy, in November and will shut down its operations in Cyprus as of December 1, the bank said in a statement Wednesday. more

09.16.2013

Romaqua, one of the largest Romanian-held companies in the fast moving consumer goods sector, is giving the lead to borrowing in lei, after refinancing an about 500 million lei (EUR112 million) taken more

09.11.2013

Roberto Marco Marzanati, vice-president of the Managing Board of Romanian lender Banca Transilvania (TLV.RO), Tuesday sold a stake representing 0.07% of the bank’s shares for 2.2 million lei more

08.29.2013

Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) Thursday bought a 29.22% stake in construction firm Transilvania Constructii (COTR.RO) through a deal worth 13.8 million lei (EUR3.1 more

08.29.2013

A 29.22% stake in Romanian construction firm Transilvania Constructii (COTR.RO) was traded in a deal worth 13.8 million lei (EUR3.1 million) at a price of RON50 per share. more

08.16.2013

Romanian regional investment fund SIF Transilvania (SIF3.RO) registered in July the lowest level of assets since inception, which turned it into the “smallest” SIF, with a wealth of 1 billion lei more

08.11.2013

Romanian regional investment fund SIF Transilvania (SIF3.RO) posted a 20% increase in revenues in the first half of 2013, to RON215.4 million (EUR49 million), driven by the sale of Erste (EBS.RO) and more

08.01.2013

Romanian lender Banca Transilvania (TLV.RO) Thursday reported a net profit of 180.2 million lei (EUR41 million) for the first six months, similar to the RON179.6 million result in the same period of more

07.18.2013

Romanian investment fund BT Invest1, a unit of financial and banking group Banca Transilvania (TLV.RO), plans to sell a stake of 2.5% in peer fund SIF Moldova (SIF2.RO), the bookrunner on the deal more

07.15.2013

Romanian regional investment fund SIF Transilvania (SIF3.RO) reported net profit of 140 million lei (EUR31.6 million) in the first half of the year, up 24.4% from the same period in 2012. more

06.20.2013

Transilvania Leasing IFN Brasov has received approval to be listed on the Bucharest bourse’s alternative trading system and becomes the second Romanian firm present on this segment. more