FUNDING
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Ascendia Raises RON3M Through Corporate Bond Offering
Romanian eLearning company Ascendia, which is listed on the Bucharest Stock Exchange’s alternative trading system AeRO, has completed a corporate bond offering and attracted a financing of R...
EC Allots EUR517M for Bucharest Airport Metro Line
The European Commission on Wednesday approved EUR517 million financing for a new metro line in Bucharest that would eventually run to the Otopeni international airport.
EIB Grants EUR22.3M Loan To Garanti Bank Romania To Support Local SMEs
The European Investment Bank (EIB) is lending EUR22.3 million to Garanti Bank Romania to support businesses in Romania. EUR5 million of the loan amount is devoted to female entrepreneurs, ma...
Banca Transilvania’s Priorities Are Funding Romanian Companies And Digitalization
Supporting the Romanian economy by providing funding to companies and digitalization remain the priorities of Banca Transilvania, which will continue investments in going digital, innovation...
Banks Fund Half Of Romania’s EUR48B Internal Public Debt
Banks own almost half of the internal public debt of Romania, while private pension funds about one fifth of it, Finance Ministry data show.
Transelectrica Gets EUR2.2M from EUR27M EC Grant to Build New Power Line
Romanian state-run power grid operator Transelectrica (TEL.RO) on Friday said it has received a tranche of EUR2.2 million from a European Commission grant totaling EUR27 million agreed in Ja...
EBRD Grants EUR25M Loan For New Aluminium Profile And Tube Factory In NW Romania
The European Bank for Reconstruction and Development (EBRD) on Friday said is providing a EUR25 million loan to a subsidiary of the Swiss-based industrial group Montana Tech Components AG, w...
EIB: Romania Needs Good Projects To Get Funding
If the public authorities in Romania are interested to get infrastructure work funded, they must come up with good projects; so far, they have only been weak, Werner Hoyer, president of the...
Dana Demetrian, BCR: Most Newly Founded Firms In Romania Are Very Small
Most firms established in Romania over the last years are very small, Dana Demetrian, vice-president of Banca Comerciala Romana, said on Tuesday, adding the business environment really needs...