Thus, the company plans to hike its share capital by RON109.21 million, to RON218.42 million, by issuing new shares.

Shareholders will meet on April 28 to discuss the propositions.

The investment fund also hiked its share capital by RON54.6 million to RON109.2 million in 2007.

SIF Transilvania was the most profitable of all the five regional investment funds SIFs for the second consecutive year in 2013, reporting profit of RON189.6 million, down nearly 11% from a record RON212.2 million in 2012.

On the Bucharest stock exchange Friday, SIF Transilvania closed 3.88% higher at RON0.629 a share. (EUR1=RON4.4995)