Banca Transilvania (BVB: TLV) is supporting one of the most significant investments in Romania’s energy infrastructure by providing EUR 300 million in financing to Transgaz (BVB: TGN), marking the largest bilateral financing provided by BT to the energy sector.

The financing supports the development and modernization of the national natural gas transmission infrastructure at a time when energy security, regional interconnection, and infrastructure resilience have become strategic priorities for Romania and Europe.

SNTGN Transgaz SA, the national operator of the natural gas transmission system, plays a key role in Romania’s energy infrastructure.

Both Banca Transilvania and Transgaz are included in BET, the main index of the Bucharest Stock Exchange, which comprises the most representative listed companies in Romania.

Ömer Tetik, CEO, Banca Transilvania & Ion Sterian, CEO, SNTGN Transgaz SA

A competitive economy needs a strong infrastructure. Through the financing provided to Transgaz, we are supporting investments that enhance Romania’s capacity to develop and attract investments, and strengthen its strategic role in the region. This financing brings together two flagship companies of the Romanian economy and capital market, which are collaborating to develop Romania’s strategic energy infrastructure.

Ömer Tetik
CEO
Banca Transilvania

The natural gas transmission infrastructure is the backbone of the national energy system, and its accelerated development through investments is essential for strengthening Romania’s strategic role at the regional and European levels. Transgaz’s 2026–2035 National Natural Gas Transmission System Development Plan includes strategic investment projects, supported by the Romanian Government, aimed at developing, modernizing, and interconnecting the National Transmission System (NTS) as well as integrating the natural gas extracted from the Black Sea into the national energy system. These projects enable the connection of localities throughout Romania to the NTS and contribute to the diversification of natural gas supply routes and sources, the reconfiguration of energy flows, and the enhancement and strengthening of natural gas supply security in Romania, the region and the European Union.  We have always been committed to ensuring a competitive financing mix for the investment program so that we can achieve the best possible results. The EUR 300 million financing that Banca Transilvania granted to Transgaz for the development of natural gas transmission infrastructure, is not only the largest financing the bank has ever provided in the energy sector, but represents much more: a strategic financing partnership at competitive costs established to support Transgaz’s investment program. This investment program aims to enhance the transition to an energy system adapted to new technologies and decarbonization goals, through projects designed to contribute to achieving the sustainable development objectives of the natural gas transmission infrastructure and to ensuring and strengthening national, regional, and European energy security and solidarity.

Ion Sterian
CEO
SNTGN Transgaz SA