05.31.2013

Romanian lender Banca Transilvania (TLV.RO) has invested a total EUR10 million in the construction of an office building and a data center in industrial park Tetarom I in Cluj, northwestern Romania. more

05.24.2013

The shareholders of Romanian electricity distributor Electrica Distributie Transilvania Sud, a unit of state-run power company Electrica, appointed a new managing board Monday, according to people more

05.23.2013

Raiffeisen Bank was the most profitable bank in Romania last year, posting 392 million lei (EUR90 million) in net profit. more

05.22.2013

Romanian lender Banca Transilvania (TLV.RO) has raised EUR30 million at a seven-year convertible bonds sale, in line with its initial target, the bank said in a statement Wednesday. more

05.17.2013

Romanian lender Banca Transilvania (TLV.RO) raised EUR29.4 million in a convertible bond sale, after International Finance Corporation subscribed bonds worth EUR18.9 million in the second stage of the more

05.15.2013

Credit Europe Bank Romania has appointed its chief control officer Mirela Bordea as interim CEO after Omer Tetik left the bank to take on the CEO position at Banca Transilvania (TLV.RO), the bank said more

05.15.2013

The main goal of Omer Tetik, announced as the new chief executive officer of Banca Transilvania on Tuesday, will be to boost the market share to over 10% from the current 8%. more

05.14.2013

The European Bank for Reconstruction and Development has subscribed bonds worth EUR4.4 million in a subordinated unsecured convertible bond issue of Romanian lender Banca Transilvania (TLV.RO) by more

05.14.2013

Credit Europe Bank Romania president Omer Tetik has been appointed chief executive officer of Romanian lender Banca Transilvania (TLV.RO). more

05.09.2013

Romanian lender Banca Transilvania (TLV.RO) Thursday said its seven-year convertible bonds sale drew roughly EUR10.5 million from shareholders during a preference right bid ended May 8. more

05.01.2013

Omer Tetik, Chief Executive Officer of Credit Europe Bank Romania, will be appointed general manager at Romanian lender Banca Transilvania (TLV.RO), market sources told MEDIAFAX Wednesday. more

04.30.2013

Romanian lender Banca Transilvania (TLV.RO) on Tuesday said its net profit fell by 8% to 84.4 million lei (EUR19.2 million) on the year in the first quarter of 2013. more

04.26.2013

Romania’s securities commission CNVM Friday approved the change of the managing structure of regional investment fund SIF Transilvania (SIF3.RO) from single to dual board, which should include a more

04.20.2013

The shareholders of Romanian regional investment fund SIF Transilvania (SIF3.RO) Saturday approved the change of the fund’s managing structure from single to dual board, which should include a Board more

04.18.2013

Banca Transilvania (TLV.RO) is the only investor that actually wants to buy Bank of Cyprus’ entire Romanian portfolio, while Raiffeisen is only interested in part of the loans, banking sources say. more

04.17.2013

Banca Transilvania (TLV.RO) and Raiffeisen Bank are the only banks that had submitted firm offers to take over the portfolio of assets and liabilities of the Romanian subsidiary of Bank of Cyprus, more

04.09.2013

Leasing company Transilvania Leasing IFN Brasov will be listed on the alternative trading system (ATS) of the Bucharest Stock Exchange. more

04.04.2013

Romanian lender Banca Transilvania (TLV.RO) wants to raise EUR30 million at its planned seven-year convertible bonds sale, market participants told Mediafax Thursday. more

04.02.2013

Banca Transilvania (TLV.RO) has placed a non-binding bid to buy the operations of the Romanian branch of Bank of Cyprus, market sources told ZF. more

03.29.2013

Romanian lender Banca Transilvania (TLV.RO) forecasts a gross profit of 388 million lei (EUR87.98 million), up 14.5% from RON340 million a year before, according to a budget draft under debate by the more

03.27.2013

Romanian lender Banca Transilvania (TLV.RO) plans to increase its share capital by 303.39 million lei (EUR60 million) to RON2.2 billion by capitalizing retained earnings from the previous year, the more

03.21.2013

Romanian regional investment fund SIF Transilvania (SIF3.RO) expects its net profit to fall 29% to 150 million lei (EUR34 million) in 2013, on higher investment costs, the fund said in its draft more

02.22.2013

The Board of Directors of Romanian regional investment fund SIF Transilvania (SIF3.RO) proposes paying a gross dividend of 0.175 lei (EUR0.04) per share from the 2012's profit, slightly higher than more

02.22.2013

The stockholders of regional investment fund SIF Transilvania (SIF3.RO) will discuss in April 20 meeting on enforcing the dualist management system made up of a Directorate and a Surveillance Council. more

02.22.2013

A number of six funds managed by Franklin Templeton, administrator of investment fund Fondul Proprietatea (FP.RO), own a total stake of 5.3% in the share capital of investment fund SIF Transilvania more