S.C. Transilvania Constructii S.A. (BVB:COTR) announced a private placement of 1,041,902 shares at RON 33 per share for gross proceeds of RON 34,382,766 on May 8, 2015. The subscription period will run from May 11, 2015 and end on June 10, 2015. The transaction was approved in the extraordinary general meeting of shareholders.