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BRD Finance To Cease Operations In Romania After 20 Years
BRD Finance, the consumer finance unit of BRD-SocGen, the fourth largest bank in Romania by assets, is to exit the local financial landscape after two decades in business and is in the proce...
Digi Borrows EUR117M From Citibank Europe For Development In Romania And Spain
Telecommunications operator Digi (DIGI.RO) on Tuesday evening notified the Bucharest Stock Exchange about its subsidiary RCS&RDS having taken out a loan from Citibank to develop operations i...
BRD Sees Net Profit Down 5% To RON326M, New Loans Up In Q1
BRD (BRD.RO), the fourth largest bank by assets in Romania, ended the first quarter of 2024 with a slightly lower (5%) net profit, RON326 million, while lending to individuals and companies...
Eurowind Energy Signs EUR65M Loan Facility With BCR And Erste Group
Eurowind Energy, a Danish renewable energy company, has signed a EUR65.33 million loan facility for the construction of a wind farm in Pecineaga, Constanta County, with a total capacity of 4...
BCR Contributes EUR84M To EUR435M Syndicated Loan Ford Otosan Romania Took Out
BCR contributed EUR84 million (19.3%) of the EUR435 million syndicated loan that Ford Otosan Romania, subsidiary of Ford Otosan Turkey, took out to support production of the new Ford Puma, o...
TeraPlast Borrows EUR13.2M From Banca Transilvania For Acquisition Of Companies Part Of Austria's Freiler Group
The Board of Directors of building materials manufacturer TeraPlast Bistrita (TRP.RO) has approved a decision to contract an investment loan of EUR13.2 million from lender Banca Transilvania...
Ford Otosan Romania Borrows EUR435M to Fund Ford Transit Courier and Ford Tourneo Courier, Launch New Ford Puma Model
Ford Otosan Romania, a subsidiary of Turkey’s Ford Otosan, has sealed a 7-year loan agreement worth EUR435 million with a bank syndicate to finance the future generation of Ford Transit Cour...
Impact Developer & Contractor Contracts Via Branch A RON20M Loan From Vista Bank
Real estate developer Impact Developer & Contractor (IMP.RO) has obtained a loan worth RON19.5 million through the branch RCTI Company, as per a report published at the Bucharest Stock Excha...
KIWI Finance Brokers More Than RON1.7B Loans In 2023
KIWI Finance, one of the most important players in the loan brokerage market in Romania, ended 2023 with a volume of intermediated loans of over RON1.7 billion (EUR350 million), more than 90...