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

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