Transilvania Investments Alliance (ticker symbol TRANSI), formerly SIF Transilvania, has convened shareholders on October 7, 2025 to seek approval on an exit strategy that envisages the exit from the shareholding of 29 companies.
“The purpose of this Strategy is not only to identify the companies for which the Company should initiate an exit, but also to realign the portfolio structure to the medium and long-term investment objectives, namely to increase the net asset value with Transilvania Investments Alliance preparing exits from 29 companies, aiming at portfolio optimization.
Transilvania Investments Alliance (TRANSI), the former SIF Transilvania, has convened its shareholders for October 7, 2025 in order to approve an exit strategy aimed at withdrawing from the shareholding of 29 companies, with stakes valued at RON 328.7 million.
The plan aims to:
- increase in net asset value by 6%;
- reducing the trading discount by 7%;
- decrease the exposure on unquoted assets;
- more efficient capital turnover.
The companies concerned include Continental Hotels, Dorna Turism, THR Marea Neagră, Tușnad, Turism Lotus Felix, Romradiatoare, Cocor and Mecanica Codlea.
According to the company, sales will be realized at least at fair value recorded in assets or based on independent valuations in the case of the transfer of assets associated with the participations.
Expected benefits:
- freeing up important liquidity;
- Increase the company’s liquidity profile to 75% (from 60% at June 30, 2025);
- reducing exposure on unquoted assets to 5.66% (below 9.57% and well below the 40% ceiling allowed);
- improve the capital adequacy ratio by around 15 pp.
The strategy is aligned with TIA’s objectives for the period 2024-2028, which aim to strengthen exposure to tourism, real estate, active trading and private equity.Transilvania Investments Alliance has a capitalization of 1 bn. RON, and its shares have appreciated 27% since the beginning of the year, on a turnover of RON72 mln, according to BVB data.