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One United Properties Gets EUR20M Loan from Banca Transilvania to Fund Completion of One Cotroceni Park Apartments
One United Properties, the leading green investor and developer of residential, mixed-use and commercial real estate in Bucharest, Romania, has concluded a EUR20 million financing agreement...
eMAG Borrows almost EUR70M from Alpha Bank to Build 100,000-Sqm Logistic Hub in Hungary
eMAG, the biggest online retailer in Romania, has got long-term funding worth almost EUR70 million from Alpha Bank, which will support the construction of a state-of-the-art logistic center...
eMAG Challenges Banks
eMAG, the largest online retailer in Romania, plans to raise the credit limit for its registered customers and increase the number of installments in which they can repay their loans, a move...
Lending and Savings Growth Slows Down in November
Private lending in Romania increased by 13.2% to RON364.4 billion in November compared with the year-ago month, after leu-denominated loans increased by 9.2% and the foreign currency loans e...
Electrica Gets RON250M Loan From Eximbank To Fund Its Current Activity And Liquidity Shortage
Electricity distributor and supplier Electrica (EL.RO) has informed its shareholders and investors in a stock market report that it contracted a loan of RON250 million from the Export-Import...
International Finance Corporation Provides EUR20M Loan To Patria Bank
The International Finance Corporation (IFC), a member of the World Bank Group, is granting a loan of EUR20 million to Patria Bank, a bank listed on the Bucharest Stock Exchange, as part of i...
Pehart Tec Extends 2020 Syndicated Loan to EUR78M
Paper manufacturer Pehart Tec, controlled by private equity fund Abris Capital, is extending to EUR78 million the syndicated loan contracted in 2020.
Simtel Team Contracts EUR5M Sustainable Loan from ING Bank to Acquire Photovoltaic Panels
Simtel Team, a Romanian engineering and technology company listed on the AeRO market of the Bucharest Stock Exchange, has contracted a EUR5 million (RON25 million) loan from ING Bank Romania...
Garanti BBVA Romania Borrows EUR40M from IFC to Finance Mortgages for Green Housing
International Finance Corporation (IFC), the World Bank’s private investment arm, has granted a EUR40 million loan to Garanti BBVA Romania (GBRO) for the funding of mortgages destined to gre...