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Sighisoara Fortress

Sighisoara, judetul Mures

Sighisoara is a medieval fortress with architectural ensembles made in rural Gothic style, but also in Renaissance and Baroque styles, which are the result of a constructive effort appeared later in t [read more]

Cetate, Categoria: Istoric
8 x Images
2 x videos

Barsana Monastery

judetul Maramures, Maramures

The Monastery “Synaxis of the 12 Holy Apostles" from Barsana is a convent, located at 22 km southeast of the Sighetu Marmatiei city, at the exit of Barsana, to the Slatioara bridge, where t [read more]

Manastire, Categoria: Religios | Biserica, Categoria: Religios
21 x Images
6 x videos

Voronet Monastery

Gura Humorului, judetul Suceava

Founded by Stefan cel Mare, Voronet Monastery church dedicated to "St. Gheorghe" is a synthesis of Byzantine and Gothic elements, made in an original manner. With a brilliant ingenuity, with [read more]

Manastire, Categoria: Religios
18 x Images
1 x videos

The Danube Delta Biosphere Reserve (DDBRA)

Delta Dunarii, judetul Tulcea

With Romania's adhesion to the Ramsar Convention in 1991, Danube Delta Biosphere Reserve (DDBRA) was recognized as a wetland of international importance especially as waterfowl habitat. Taking into ac [read more]

Parc, Categoria: Natura
12 x Images
0 x videos

Humor Monastery

Gura Humorului, judetul Suceava

Situated at a distance of 5 to 6 km of Gura Humorului, Humor Monastery is one of the most famous foundations of the Romanian Middle Ages. It was built in 1530 by Toader Bubuiog, member of the divan of [read more]

Manastire, Categoria: Religios
7 x Images
2 x videos

Hurezi (Horezu) Monastery

Horezu, judetul Valcea

Among the historical monasteries, which decorates the Romanian ground, Hurezi Monastery is considered, along with its hermitages, the most representative architecture complex, defining the Brancoveanu [read more]

Manastire, Categoria: Religios
9 x Images
1 x videos

The Building of the First Saxon Bank

Brasov, judetul Brasov

AddressMuresenilor, 1


Kronstadter Allgemeine Sparkasse was the first bank in Brasov and Transylvania. Kronstadter Allgemeine Sparkasse was claimed both by Romania and Hungary. The bank was considered a crucial point in the development and modernization of Transylvania, placing it in the wake of capitalism.

The founder of the bank is Peter Traugott von Lange Burgenkron. He managed to understand the need for low and competitive prices, the importance of saving and founding a strategic system, simple and articulated movement of money and goods. Besides the Sparkasse bank, Peter Lange was the founder of the Institute of retirement pensions (1844), Brasov Association of handicraftsmen (1842), the Mount of piety and the city Hospital (1847).

The idea of setting up a bank has developed since 1827 when Peter Lange was in Vienna. Because of the bureaucracy, things went slow until 1832, at which point the foundation file reached the imperial office. After another series of debating between Vienna, the Magistrate of Brasov and the Transylvanian Government, the project was finally approved on June 3. 1835. Immediately was  formed a company to manage Sparkasse, consisting of 90 founding members.

The publication "Siebenbürger Bote" from Sibiu (Brasov didn’t have a newspaper at that time) has received with great enthusiasm the appearance of the first banking institution in Transylvania, founded on the model of other institutes from inside the country and abroad, noting that public-bank relationship was convenient and secure.

The projects of the new bank included all the social categories, the watchword being that an economy, no matter how small and coming from an honest work, can be significant. An important place is occupied by the activity of help in case of sickness or other needs (opening a work-shop, starting a business etc). The company’s logo was represented by the hive of bees, and the motto "Work, Add, increase!".

On January 1, 1836, Sparkasse was opened to public. Initially, the functioning program was on Sunday only between the hours 9-12, and since 1840 extended for Friday, between the same hours. Since 1 July 1857, the program was daily from 9-12.

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