Transilvania Bank has granted a financing of 300 million euros to Transgaz for the development of natural gas transport infrastructure.

Banca Transilvania has announced the granting of a financing of 300 million euros to Transgaz, aimed at the development and modernization of the national natural gas transport infrastructure.

This amount represents the largest bilateral financing offered by a bank to the energy sector. In a context where energy security and regional interconnection are priorities for Romania and Europe, the general director of Banca Transilvania, Omer Tetik, emphasized the importance of a strong infrastructure for a competitive economy. Ion Sterian, the general director of Transgaz, mentioned that the projects included in the National Natural Gas Transport System Development Plan 2026-2035 aim at modernizations and interconnections that will contribute to diversifying supply sources and increasing energy security.

This strategic financing will support the transition to an energy system adapted to new technologies and decarbonization objectives, thus strengthening national and regional energy solidarity. Banca Transilvania is the largest financial player in Romania, with a market share of 23%, while Transgaz is the technical operator of the National Natural Gas Transport System.