02.02.2023

AROBS Transilvania Software, a Romanian IT company controlled by Cluj entrepreneur Voicu Oprean, has acquired the majority stake, of 94%, in Syderal Polska, a software producer of Gdansk, with EUR1 more

01.16.2023

Omer Tetik, CEO of Romania’s biggest bank Banca Transilvania, says 2022 was a challenging year for the financial market, one of the most volatile years he has seen, but the bank ended it well. For more

01.12.2023

Six hotels rated 2*, 3* and 4*, located in the seaside resorts of Eforie Nord and Eforie Sud, will be put up for auction starting with January 25, 2023, according to representatives of investment fund more

12.30.2022

Banca Transilvania, Romania’s largest lender by assets, has revised its forecast on the evolution of Romania’s economy and sees the country’s GDP growth tempering at 4.6% in 2022 and at 2.4% in more

12.29.2022

Raiko Transilvania (RKOT.RO), a rainwater and roofing systems manufacturer listed on the AeRO market of the Bucharest Stock Exchange, said on Dec 29 that the company’s sole administrator, Tomasz more

12.08.2022

The integration of the company Tiriac Leasing into Banca Transilvania (BT) Financial Group will be completed on Thursday (Dec 15) and BT Leasing -Tiriac Leasing will become a single company under the more

12.02.2022

Commerce, manufacturing and agriculture are the economic sectors that received the bulk of corporate financing from lender Banca Transilvania, as the combined balance of loans granted for the three more

11.14.2022

Banca Transilvania, the largest bank in Romania by assets, at the end of the first nine months of 2022 generated RON1.44 billion net profit, slightly down by 2% from the record-high gain posted in the more

11.10.2022

Transilvania Broker de Asigurare, one of the largest insurance brokerages in Romania, posted net profit of RON7.96 million in the first nine months of 2022, up 50.6% from 2021 period. more

11.04.2022

Nine important hotels in Eforie Sud and Eforie Nord, as well as other assets on the Romanian seaside, will be auctioned off in the next period, following the decision of Transilvania Investments more

10.20.2022

Bittnet Systems (BNET.RO) on Thursday informed investors in a stock market report about a credit agreement concluded between Dendrio Solutions, an IT&C integrator part of Bittnet Group, and lender more

10.18.2022

Lender Banca Transilvania (TLV.RO) has approved at the Extraordinary General Shareholders Meeting of October 18, 2022 the unfolding of a program of corporate bond issues, denominated in euro and/or more

09.13.2022

Real state developer One United Properties wants to contract a EUR25 million credit facility from Banca Transilvania to finance and refinance One Cotroceni Park, a mixed-use real estate project more

08.26.2022

Banca Transilvania financial group ended the first half of this year with net consolidated profit of RON1.046 billion, 3% higher than in the same period of 2021, with the bank’s profit standing at more

08.19.2022

The shareholders of BT Leasing Transilvania IFN approved on August 16 the merger in principle with Tiriac Leasing IFN SA. more

08.02.2022

Hotel company Turism Felix, owner of the tourism compound in Baile Felix resort, has contracted a loan of RON40 million from lender Banca Transilvania to continue investments at the Venus-Baile 1 Mai more

07.28.2022

Law firm Wolf Theiss acted as legal advisor to AROBS Transilvania Software in relation to the acquisition of 100% of the shares in Nordlogic Software S.R.L. and, indirectly, of 100% of the shares in more

07.08.2022

Romania's largest lender by assets, Banca Transilvania (BT.RO), has obtained a very good ESG Risk Rating (17) and is included in the Low Risk category following the Sustainalytics analysis in terms of more

07.07.2022

Romania’s financial supervisory authority ASF on Wednesday approved a draft enabling investment manager BT Asset Management, jointly with several funds and persons acting in concert, to obtain the more

06.28.2022

Banca Transilvania, Romania’s largest lender by assets, has revised upwards the country’s economic growth forecast to 3.8% in 2022, from its previous projection of 3.5%, and versus the 2.9% more

06.23.2022

The management of technology company AROBS Transilvania Software (AROBS.RO) on Thursday (June 23) informed the market about the start of the buy-back program of its own shares, that will take place more

06.10.2022

Omer Tetik, CEO of Banca Transilvania (TLV.RO), Romania's largest bank by assets, sold one million shares in the lender on June 7, 2022, according to a report to the Bucharest Stock Exchange. The more

06.08.2022

Banca Transilvania (TLV.RO), the largest lender in Romania by assets, has notified its shareholders that June 16 is the pay date for the dividends decided by the General Meeting of Shareholders at the more

06.02.2022

Shareholders of lender Banca Transilvania (TLV.RO) unanimously approved at their general meetings of April 28, 2021 and of April 28, 2022, respectively, the lender’s purchase of own shares on the more

05.24.2022

DRUID and Transilvania Leasing & Credit, one of the most experienced Romanian players on the local credit market, announced the implementation of a conversational artificial intelligence (AI) solution more