05.24.2012

Romanian lender Banca Transilvania (TLV.RO) took over 6.91% in brokerage firm SSIF Broker (BRK.RO) from businessman Ioan Cartis in a debt-to-equity deal, the broker said in a statement Thursday. more

05.15.2012

Romanian construction company Transilvania Constructii Cluj-Napoca (COTR.RO) Tuesday reported a loss of about 870,000 lei (EUR196,000) in the first quarter of the year, versus a net profit of over more

05.02.2012

Paradoxically, for lender Banca Transilvania, the crisis has become the best opportunity for growth on the banking market, while the other entities have pulled back from the lending market more

05.01.2012

Banca Transilvania was the most profitable top three bank in the first quarter and the only one to have posted asset growth, as the economy remained difficult. more

04.30.2012

Romanian lender Banca Transilvania (TLV.RO) Monday said its first quarter net profit rose 73% to 91.8 million lei (EUR21.1 million), on lower provisions. more

04.27.2012

The shareholders of Romanian lender Banca Transilvania (TLV.RO) on Friday approved increasing the bank's share capital by 129.3 million lei (EUR29.5 million), to RON1.903 billion, and launching a more

04.27.2012

Romanian Banca Transilvania (TLV.RO) treasurer Luminiţa Runcan has been appointed deputy general manager and approved by the bank's board on Thursday. more

04.26.2012

Romanian regional investment fund SIF Transilvania (SIF3.RO) on Thursday approved paying a gross dividend of 0.1712 lei (EUR0.04) per share from the 2011 profit, 5.7 times higher than the dividend more

04.26.2012

Romanian regional investment fund SIF Transilvania (SIF3.RO) Thursday reported revenue of 90.9 million lei (EUR20.8 million) in the first quarter, 54.1% higher on the year. more

04.24.2012

The managing board of Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) limited to 5% the voting rights of shareholders allegedly acting in concern with Banca Transilvania (TLV.RO), which more

04.10.2012

A shareholder of Romanian lender Banca Transilvania (TLV.RO) Tuesday proposed the bank launch a buy-back program for a stake of up to 0.84%, valued at 16.8 million lei (EUR3.8 million). more

03.29.2012

Romanian lender Banca Transilvania (TLV.RO) on Thursday said it expects a 20% year-on-year increase in pretax profit, to 334.7 million lei (EUR76.4 million) in 2012 from RON278.2 million a year more

03.26.2012

Romanian regional investment fund SIF Transilvania (SIF3.RO) estimates its net profit will fall to 89 million lei (EUR20.3 million) in 2012, from a record RON207.7 million a year earlier, according to more

03.22.2012

Romanian lender Banca Transilvania (TLV.RO) Thursday proposed increasing its share capital by 129.38 million lei (EUR29.57) to RON1.9 billion and launching a EUR30 million convertible bond, the bank more

03.20.2012

Romanian lender Banca Transilvania (TLV.RO) and the European Investment Fund have signed a EUR7.5 million loan agreement aimed at supporting micro-enterprises and self-employed entrepreneurs in more

03.02.2012

Management at regional investment fund SIF Transilvania (SIF3.RO) proposes a gross dividend of 0.1712 lei (EUR0.039) per share from 2011 profits, compared to RON0.03 the RON0.03 dividend paid in the more

02.17.2012

The Romanian banking system, which consists of 41 banks, took a tentative step forward in 2011, managing to increase its assets by 3.5% and cut its aggregated loss from 516 million lei (EUR118.6 more

02.16.2012

Romanian lender Banca Transilvania (TLV.RO) and five of its units Wednesday and Thursday sold a total stake of 4% in regional investment fund SIF Banat-Crisana (SIF1.RO) for around 30 million lei more

02.15.2012

Romanian construction company Transilvania Constructii (COTR.RO) Wednesday said its net profit rose over fivefold on the year to 1.7 million lei () in 2011, boosted by a 21% increase in sales. more

02.15.2012

Regional investment fund SIF Transilvania (SIF3.RO) on Wednesday announced that its revenue nearly tripled in 2011, to RON325.88 million, after selling its stake in lender BCR to Austrian Erste Group more

02.01.2012

Romanian lender Banca Transilvania (TLV.RO) Wednesday reported a preliminary net profit of 131.9 million lei (EUR31 million) for 2011, up 35% on the year, as provisioning costs fell, while net more

01.30.2012

Banca Transilvania (TLV.RO) has bought back 1.3 million of its own shares since the beginning of the year, paying 1.17 million lei (EUR272,000). The shares will be paid to employees and managers as more

01.20.2012

As soon as Romanian lender Banca Transilvania (TLV.RO) announced the resignation of its chief executive officer, the question on everybody’s lips was: why did Robert Rekkers leave? more

01.20.2012

Romanian lender Banca Transilvania (TLV.RO) Friday announced the resignation of its chief executive officer Robert Rekkers and his temporary replacement with board member Peter Franklin. more

12.22.2011

Romanian lender Banca Transilvania (TLV.RO) plans to buy back 0.67% of its shares in the first half of 2012, for an estimated 10.32 million lei (EUR2.4 million), under an employee loyalty program. more