Banca Transilvania, the largest bank in Romania, is discussing the granting of a loan directly from its own balance sheet, which could become one of the largest corporate financings in the history of the bank and the local market. This move comes in the context in which Pavăl Holding is analyzing financing options, already having a long-term collaboration with Banca Transilvania, especially for the Dedeman group.
Meanwhile, the French group Carrefour has signed an agreement to sell its operations in Romania to Pavăl Holding for 823 million euros, the transaction currently being evaluated by the Competition Council. Carrefour operates approximately 480 stores in Romania, and the Pavăl brothers will take over both the food retail and the real estate area of the group. The completion of the transaction is expected in the second half of the year, once the payment is made. Pavăl Holding, with Dedeman as its main asset, recorded a turnover of 12.54 billion lei in 2024.
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