FINANCING
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Electrica Furnizare Holders OK Total Financing Ceiling Of Up To RON1.7B In 2022
Shareholders of Romanian electricity supplier Electrica Furnizare approved on June 9, 2022 a total ceiling of short-term financing of RON1.5 billion up to RON1.7 billion to be contracted in...
Electrica Shareholders OK Total Ceiling Of Short-Term Financing Of RON1.5B
Shareholders of state-owned utility group Electrica (EL.RO) decided in their general meeting of March 21 to approve a total ceiling of short-term financing in the amount of RON1.5 billion th...
Anchor Grup Contracts EUR80M From Lender Banca Transilvania
Anchor Grup, the company which developed the first two shopping malls in Romania, Bucuresti Mall and Plaza Romania, respectively – has obtained EUR80 million financing from lender Banca Tran...
Romania Needs to Raise RON145B in 2022
Romania needs to raise RON145 billion from the domestic and international markets this year to fund its budget deficit and refinance previous debt, considering its projected budget gap of 5....
Instant Factoring Raises EUR6.3M From Shareholders, Some Financial Institutions In US For Business Expansion
Romanian fintech Instant Factoring, the first Romanian startup providing online microfactoring for small and medium-sized enterprises (SMEs), has closed a new external financing round of EUR...
Startup Dronamics Raises Over EUR800,000 From 193 Investors Via Financing Campaign On SeedBlink
Startup Dronamics, which developed an own drone fleet using remote flight control systems – for freight transport through same-day drone delivery-, has raised EUR814,000 from 193 investors w...
TEILOR Gets Financing Worth Over EUR8M From EximBank To Speed Up Company Growth
TEILOR, the chain of luxury jewelry stores present across the CEE region, has received a credit line and an investment credit in the total amount of EUR8.47 million from EximBank.
EIB To Provide EUR305M Financing For Construction Of New Regional Hospital In Cluj
The European Investment Bank (EIB) will provide financing worth EUR305 million for the construction of a new Regional Hospital in Cluj, of a total cost of the project estimated at over EUR50...
Kinderpedia Raises EUR1.8M In Funding Round Led By Early Game Ventures
Kinderpedia, a digital communication and management solution for schools and kindergartens, raised EUR1.8 million in a funding round led by Early Game Ventures (EGV), with the participation...