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

02.19.2013

Romanian lender Banca Transilvania (TLV.RO) has promoted three executive managers to the position of deputy chief executive officer, the bank said in a statement Tuesday. more

02.15.2013

Romanian regional investment fund SIF Transilvania (SIF3.RO) Friday said its revenues fell 1.66% to 320.4 million lei (EUR71.9 million) in 2012, from roughly RON326 million a year earlier. more

02.15.2013

Romanian construction company Transilvania Constructii Cluj-Napoca (COTR.RO) Friday said its revenues fell 40% on the year to 33.1 million lei (EUR7.5 million) in 2012, from RON55.5 million in 2011. more

02.12.2013

Romanian lender Banca Transilvania (TLV.RO) Tuesday said its net profit rose 40% to 320.4 million lei (EUR72.8 million) in 2012, on higher operating revenue. more

12.21.2012

Horia Ciorcila, managing board chairman at Romanian lender Banca Transilvania (TLV.RO), will coordinate the bank’s business and its Executive Management Committee, replacing Peter Franklin, the bank more

12.03.2012

Romania's BT Leasing Transilvania IFN, part of financial services group Banca Transilvania, plans to raise between 22.5 million lei (EUR5 million) and RON45 million (EUR10 million) via bond issues more

11.15.2012

Romanian construction company Transilvania Constructii Cluj-Napoca (COTR.RO) Thursday said its sales dropped 27% in the first nine months to 26.7 million lei (EUR6 million) from RON36.5 million in the more

10.29.2012

Romanian lender Banca Transilvania (TLV.RO) Monday said its net profit rose 30% to 265.4 million lei (EUR59.8 million) in the first nine months, on higher revenue from net fees and interests. more

10.26.2012

Romanian regional investment fund SIF Transilvania (SIF3.RO) Friday said its revenues increased by around 50% to 285 million lei (EUR64.3 million) in the first nine months, from roughly RON191 million more

10.26.2012

Market analysts estimate on average that Banca Transilvania (TLV.RO) will report net profit of 248.4 million lei (EUR54.2 million) in the first nine months, up 21.4% on the year. Participants in the more