Banca Transilvania announces the granting of the largest financing in its history and in the bilateral financing market in Romania, through which it supports the acquisition of Carrefour Romania by Pavăl Holding. The transaction contributes to the consolidation of Romanian capital in a key sector of the economy.

The acquisition is a strategic step for Pavăl Holding, which expands its presence in an essential field for daily life and for the dynamics of the retail market in Romania.

“It is a moment of reference also for Banca Transilvania, which confirms our ability to support local champions and large-scale projects. We are ready to support projects with a direct impact on millions of customers and the entire business environment. We thank our client Pavăl Holding for the trust and for the partnership we have built over time, together” – Ömer Tetik, General Manager, Banca Transilvania.

“We congratulate Pavăl Holding for this acquisition, one of the most important transactions in both the Romanian M&A market and the Romanian retail. We thank the Pavăl Holding team for their special collaboration throughout this complex and ambitious process” – Cosmin Călin, Deputy General Manager Large Corporate, Banca Transilvania.

“We thank the partners from Banca Transilvania for the seriousness and involvement they have shown throughout this process. We believe that important and valuable things are built over time, through trust and solid partnerships, and this collaboration is a good example of this” – Karina Pavăl, Vice President of Pavăl Holding.

With over 550,000 companies in its portfolio, Banca Transilvania is the main partner of the Romanian business environment, supporter of investments that transform the economy.