FINANCING
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Instant Factoring Grants EUR4M SME Funding In 1st Year Of Activity; Eyes EUR15M Financing Volume In 2019
Romanian fintech Instant Factoring granted 1,930 financings, in the amount of EUR4 million, to small and medium-sized enterprises (SMEs), during its first year of activity, and targets a fin...
Teraplast Group Gets EUR16M EBRD Financing For Investments In Depaco And Its Steel Division
The European Bank for Reconstruction and Development has awarded EUR16 million in financing to TeraPlast Group, the largest privately held Romanian construction materials manufacturer. The f...
Poland’s Maspex Group Gets EUR47M From EIB To Develop Its Plants In Poland, Romania, Bulgaria
The European Investment Bank (EIB) has agreed to provide EUR47 million to support the expansion, upgrading and modernisation of Maspex Group's food and drinks production and storage faciliti...
EIF Grants Over EUR170M Financing For Students And SMEs In Romania
The European Investment Fund (EIF) has signed four financing agreements in Romania, in the amount of over EUR170 million, to guarantee loans taken out by students for doctoral studies abroad...
Romania Taps External Markets with 7, 15 and 30-Year Maturity Eurobond Issues
Romania's finance ministry on Wednesday tapped external markets selling euro-denominated bonds with 7, 15 and 30-year maturities.
TMK Hires Raiffeisen to Broker Potential SPO on Bucharest Market
TMK, owner of industrial pipe manufacturer TMK Slatina (ART.RO), has hired Raiffeisen in view of brokering a stock sale operation on the Bucharest Stock Exchange, concurring sources on the m...
Finance Ministry Issues Household Bonds in March
Romania's finance ministry will continue its household bond program in March with interests of up to 5%, it said in a press release Friday.
EIB Group Invests EUR1.3B in Projects in Romania in 2018
The European Investment Bank Group (EIB Group), comprising the European Investment Bank (EIB) and its subsidiary, the European Investment Fund (EIF), provided EUR1.311 billion in loans, guar...
Coface: More Difficult Access To Financing, Higher Interest Rates To Negatively Impact Business Environment In 2019
The current economic context will become increasingly volatile in the coming period, impacted by the mix of domestic legislative measures and the external economic and political developments...