EBRD
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EBRD Slashes Romania’s GDP Growth Forecast To 1.1% In 2012
The European Bank for Reconstruction and Development cut the economic growth forecast for Romania, in 2012, by 2.7 percentage points, to 1.1%, citing the high exposure to the Greek economy.
Cora Announces Bold Expansion Plan: 20 To 25 New Stores By 2015
French hypermarket operator Cora, which until recently had a slow expansion on the Romanian retail market, is shifting strategy: Thursday it announced plans to open 20-25 stores in the next...
EBRD Extends EUR13.4M Loan To Improve Water Infrastructure In Dambovita County
The European Bank for Reconstruction and Development will extend a loan of EUR13.4 million equivalent to Romanian Compania de Apa Targoviste-Dambovita to upgrade and expand its water service...
EBRD Lends RON33M To Romania’s City Of Medias For Infrastructure Upgrades
The European Bank for Reconstruction and Development will extend a 33 million lei (EUR7.85 million) loan to Romanian central city of Medias to finance urban infrastructure upgrades, the bank...
BCR Gets EUR20M Loan From EBRD To Finance Energy Projects
The European Bank for Reconstruction and Development Monday extended a EUR20 million loan to Romanian lender BCR to finance investments in the energy sector developed by small- and medium-si...
EBRD Considers Lending EUR210M To Cora Expansion In Romania
The European Bank for Reconstruction and Development, or EBRD, on Thursday said it is considering granting a loan of EUR210 million to the Louis Delhaize Group, for the expansion of its Cora...
Romanian Expur Gets EUR30M EBRD-Syndicated Financing
The European Bank for Reconstruction and Development (EBRD) Monday said it has extended a EUR30 million syndicated loan to Romanian oilseed processor Expur Urziceni to increase processing of...
EBRD Raises Romania GDP Forecast To +1.9% In 2011
The European Bank for Reconstruction and Development Friday revised upward its forecast for Romanian economic growth to 1.9% in 2011, from 1.8% previously, citing improved economic prospects...
Energobit Takes EUR10M Loan From EBRD
The European Bank for Reconstruction and Development granted a EUR10 million loan to Energobit ESCO, part of engineering group Energobit, to fund several energy efficiency projects.