FINANCING
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Rosia Montana Gold Corporation Says Hasn't Yet Set Finance Plan For Mining Project In Romania
Rosia Montana Gold Corporation (RMGC), the company developing a gold mining project in Rosia Montana, western Romania, said Thursday it has not yet set the financing plan and the implementat...
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...
IFC Might Issue Leu-Denominated Bonds In Romania
IFC, the World Bank’s investment arm, is likely to issue leu-denominated bonds on the Romanian market, should there be any infrastructure projects needing significant funding. Such a move wo...
Transport Ministry Seeks Financing For Transylvania Highway Section
Romania’s Ministry of Transport will fund the 254-kilometer long Targu Mures-Bors section of the Transylvania Highway but is seeking financing solutions for the Targu Mures-Brasov section, a...
Government Might Reduce Pre-Finance Cap For EU Projects To 15% From 30%
The Romanian Government considers reducing the state ceiling to pre-finance EU-funded projects from 30% to about 15% of the contract’s value, people close to the matter told MEDIAFAX Friday.
Railroad Maintenance Financed By State Budget, In Addition To Use Fee
Romania's Government decided that the maintenance of the public railway infrastructure will receive financing from the state budget, in addition to funds collected from the infrastructure us...
Energy Transporters May Apply For Financing Of Network Upgrades
Romanian electricity and natural gas transporters may request financing from the state for infrastructure upgrades, between June 13 and July 15, under a program with a total budget of 242.9...
Garanti Bank Romania Seeks EUR22.5M Credit From IFC
Garanti Bank Romania plans to contract financing worth up to EUR22.5 million from the International Finance Corporation, a World Bank offshoot, to credit small and medium sized companies.
EGI Romania To Provide EUR120M Financing For Realty Projects In 2011
Erste Group Immorent (EGI) Romania, unit of Austria’s group Erste, is negotiating total financing of EUR120 million for real estate projects this year, well above the EUR22 million financing...