“Approval of the negotiation, conclusion and signing (or ratification, as the case may be) by Chimcomplex S.A. Borzesti, as a borrower, of the additional deed extending the revolving credit facility contract in the maximum amount of EUR40,000,000, concluded with CEC Bank S.A., for a period of 48 months,” the company said in its report to the Bucharest Stock Exchange.
The issuer ended the first quarter with RON7.4 milion profit compared with a RON8.3 million loss on the year-ago period. Revenue was up 5.5% to RON420 million. Chimcomplex is due to announce first half results on August 30.
(English version by Loredana Fratila-Cristescu)