S.C. Transilvania Constructii S.A. Reports Earnings Results for the Full Year Ended December 31, 2019

Transilvania Constructii SA is a Romania-based company primarily engaged in the construction sector. The Company is active in the construction of residential and nonresidential buildings. The Company's portfolio includes various constructions, such as stadiums and sport centers, parking lots, office buildings and apartment blocks, and logistics centers, among others. The Company is also engaged in the provision of interior design services. The Company owns a laboratory for physical determinations, which performs tests also for other construction companies. Additionally, the Company is involved in the rental of equipped industrial halls and warehouses. The Company is also engaged in the operation of a sports center with tennis courts and a football fields. In January 2014, Parc Logistic Transilvania raised its interest to 81.23% from 31.63%. On February 11, 2014, Parc Logistic Transilvania increased its stake held in the Company from from a 49.6270% to a 61.190% stake.