FINANCING
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AFI Europe Gets EUR220M Refinancing From Three Banks For AFI Palace Cotroceni
Israeli real estate developer AFI Europe has signed a financing agreement for EUR220 million with a consortium of banks to refinance a loan of EUR234 million taken out in 2007 from Hypo Real...
Romania Suspends SME Support Scheme This Year
The "Mihail Kogalniceanu" program allowing small and medium-sized businesses to get loans of up to RON400,000 with subsidized interest has been suspended this year, minister-delegate for SME...
Minister: SMEs To Receive Subsidies Of RON900-1,300 For Job Creation
Small- and medium-sized enterprises (SMEs) that create jobs will get subsidies, starting July 2014, if they hire young people, Romania’s Minister for SMEs Florin Jianu said Monday.
Romania Gets CHF2.5M From Switzerland To Fight Money Laundering
Switzerland will grant non-reimbursable financing of CHF2.5 million to Romania to assist the latter in the fight against money laundering.
Millennium Bank Grants RON15M Financing To Artsani Com
Millennium Bank Monday granted financing of 15 million lei (EUR3.36 million) to Ploiesti-based construction and design materials distributor Artsani Com, consisting in a working capital loan...
Companies In Romania Can Get State Aid Of EUR440M By June 2014
The Romanian Government has extended until June 2013 the validity of two government decisions, allowing private-sector companies to access state aid worth almost EUR440 million.
Tanasescu: EIB To Raise Financing For Romania To EUR600-EUR700M In 2014
The European Investment Bank (EIB) has provided financing of nearly EUR500 million to Romania this year, of which some EUR200 million went into the banking sector, said Mihai Tanasescu, EIB...
EIB, EBRD, WB Interested In Financing Romania’s Comarnic-Brasov Highway – Minister
The European Investment Bank, the European Bank for Reconstruction and Development, and the World Bank have expressed interest in financing Comarnic - Brasov highway, infrastructure minister...
Romania To Get EUR1.1B From EU To Develop Airport Infrastructure
Romania will receive EUR1.12 billion in European funds between 2014 and 2020 to develop its airport infrastructure, Transport Minister Ramona Manescu said Tuesday.