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

10.16.2013

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

10.09.2013

Businessman Jean Valvis is investing EUR8.9 million in a 5-megawatt photovoltaic park in Calarasi county, southern Romania, and the project is close to completion. more

10.03.2013

National Bank of Greece has agreed with the European Union's competition authorities to exit the Southeastern European markets where it currently operates, including Romania, Greek newspaper more

10.01.2013

Romanian lender Banca Comerciala Carpatica Tuesday elected three Supervisory Board members extending the mandates of two of its old members, Nicolae Petria and Doina Toader. more

09.25.2013

Banca Comerciala Carpatica (BCC.RO), the only Romanian-held bank listed on the Bucharest Stock Exchange, needs an additional EUR10 million to EUR30 million, chief executive officer Johan Gabriels 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

08.14.2013

Romanian lender Banca Comerciala Carpatica (BCC.RO) Wednesday said first-half net profit rose 74.6% on the year to 16.1 million lei (EUR3.63 million), on higher revenue from lending. 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

07.16.2013

National Bank of Greece (NBG), which owned some 99.3% of Romanian lender Banca Romaneasca at the end of 2012, withdrew about 1 billion lei (EUR0.226 billion) of deposits at its local subsidiary last more

05.31.2013

Romanian lender Banca Comerciala Carpatica (BCC.RO) recruited two new deputy general managers, Cosmin Bucur and Elena Badeanu, who both served as executives at RBS Bank Romania. more

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

05.23.2013

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

05.16.2013

Romanian lender Banca Romaneasca lent EUR8 million to firm Blue Sand Investment, part of Tiriac Holdings, to develop a EUR13.6 million photovoltaic park in Prahova county, southern Romania. 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

Romanian lender Banca Comerciala Carpatica (BCC.RO) Tuesday said its first-quarter net profit rose 75% on the year to 14.9 million lei (EUR3.44 million), on higher revenue from lending operations. 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