♦ «We have some key advantages, such as the size of the country and the younger population than in other countries, the quality of human capital, but also the diversity of natural resources. For these reasons, I am confident about our chances and potential. «
Romania still has a lot of growth and development, both to close the west gap, and because of our strengths and context, considers Omer Tetik, CEO of the Transylvania Bank, the largest credit institution on the local market. It also discusses some key advantages, such as the size of the country and the younger population than in other countries, the quality of human capital, but also the diversity of natural resources. «For these reasons, I am confident about our chances and potential in the medium and long term, even if in the next period we have multiple internal and external challenges,» said the BT chief for the ZF Top 1,000 largest companies in Romania. Although he has a cautious optimism, as he says, Omer Tetik claims that he has many reasons why he still trusts the development of the local market.
Due to our European integration, Romania will be a more important player in the region, he details. Banca Transilvania took the regional step through the purchase of Victoria Bank in the Republic of Moldova (which took over in 2025 BCR Chisinau), besides the four banks that BT purchased in Romania in about a decade, respectively the takeover of Volksbank Romania (2015), Bancpost (2018), Idea Bank (2022) and recently OTP Bank. Banca Transilvania is an entrepreneurial and supports the entrepreneurial business from Mic, through BT Mic, at large.
Tuesday, March 18, ZF launches the top 1,000 largest companies in Romania, made together with Deloitte. The catalog offers dozens of answers in the campaign «A thousand trust reasons in Romania».
Regarding the expansion of the Romanian business outside the country, in 2024 the Romanian companies have taken out of pocket over $ 330 million to make 18 acquisitions in the US, Italy and Austria. Most moves were made by entrepreneurs or entrepreneurial companies, a proof of the maturity of the local business environment, as ZF wrote. Another confidence in Romania mentioned by the head of the Transylvania Bank is the development of the infrastructure and the access to the EU funds, which essentially contribute to the modernization of the country. In addition, we can be proud of a very well -trained workforce, in areas such as IT, medicine, engineering and finance, adds Omer Tetik. The head of the Transylvania Bank referred to the energy resources and to the diversification of the economic sectors, from agriculture to the automotive industry. Regarding Banca Transilvania, the bank's CEO said that «the year began with a good base, prepared from the past years, coming with organic growth and influenced by acquisitions.» The BT-OTP merger has been successfully completed this year, and Banca Transilvania strengthens its leading position and reaches 23% market share, both by organic growth and by integrating OTP Bank. The merger results in the BT, also a 9% increase in assets and a 13% leap of the loan portfolio, as well as a higher presence in Bucharest and in the center of the country.