EBRD
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CE Oltenia Borrows EUR130M From EBRD To Upgrade Production Unit
Romanian state-run energy holding CE Oltenia will take out a EUR130 million loan from the European Bank for Reconstruction and Development to co-finance upgrade works at one of its electrici...
EBRD Keeps 2014 GDP Growth Forecast For Romania, Warns Of Bad Loans
The European Bank for Reconstruction and Development has maintained its forecast on the Romanian economic growth unchanged at 2.4% in 2014, driven by exports and less sluggish domestic deman...
EBRD Invested EUR510M In 32 Romanian Projects Last Year
The European Bank for Reconstruction and Development invested around EUR510 million in 32 individual projects in Romania last year, a record number of projects for the lender in the eastern...
EBRD Mandates Societe Generale Securities Services For Custody In Romania
Societe Generale Securities Services Romania, the investor services arm of the country’s second-largest bank BRD, has been mandated by the European Bank for Reconstruction and Development to...
EBRD: Romania Needs To Step Up Efforts To Address NPLs, Corruption
Increasing predictability for investors in the renewables sector and addressing the high level of non-performing loans in the banking system should be among Romania’s priorities in 2014, the...
EBRD Sells Remaining Holding In OMV Petrom For EUR86.6M
The European Bank for Reconstruction and Development on Thursday said it has sold its remaining stake of 1.6% in Romania’s largest oil company OMV Petrom (SNP.RO) for 385.6 million lei (EUR8...
EBRD Ups Romania GDP Growth Forecast To 2.4% In 2014
The European Bank for Reconstruction and Development Monday revised slightly its forecast on Romania’s economic growth to 2.4% in 2014, from 2.2% previously, but warned of continued growth c...
EBRD Acquired 1.9% Stake In Romgaz IPO
The European Bank for Reconstruction and Development has acquired a 1.9% stake in Romanian natural gas producer Romgaz for EUR50 million (about RON225.5 million), the lender said Tuesday.
EBRD Provides EUR7.4M Loan For Water System Upgrade In NE Romania
The European Bank for Reconstruction and Development (EBRD) is providing a loan worth EUR7.4 million to co-finance a Romanian EU-funded regional investment program of EUR102.5 million in Bot...