Oana Gavrila

Banca Transilvania, Romania's largest lender by assets, plans to acquire 100% of the share capital of Microinvest, which specializes in financing small businesses and is the leader of the non-banking financing market in the Republic of Moldova.

Patria Credit, the non-banking financial institution owned by Patria Bank Group, which funds farmers and farming micro-enterprises, received a EUR2.5 million loan from the European Fund for Southeast Europe (EFSE), it said in a press release Tuesday.

Romanian real estate developer One United Properties, owned by Andrei Diaconescu and Victor Capitanu, will occupy over 15% of the office space in the North Gate office project in Bucharest.