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Bravcod, Holder Of Penes Curcanul Brand, Borrows RON5M From CEC Bank For Business Development
Companies

Bravcod, Holder Of Penes Curcanul Brand, Borrows RON5M From CEC Bank For Business Development

Farming company Bravcod has contracted a loan of RON5 million from lender CEC Bank to develop its business.

Ecaterina Craciun · 29.10.2021 · 14:24 · 1 min
Impact Developer&Contractor Gets EUR4M Loan From Libra Bank To Refinance Investments
Real Estate

Impact Developer&Contractor Gets EUR4M Loan From Libra Bank To Refinance Investments

Romanian real estate developer Impact Developer&Contractor has contracted a loan of EUR4 million from lender Libra Bank in order to refinance investments.

Ecaterina Craciun · 26.10.2021 · 13:08 · 1 min
Softronic Craiova Borrows EUR4.5M From Garanti BBVA For Construction Of Two Electric Locomotives
Companies

Softronic Craiova Borrows EUR4.5M From Garanti BBVA For Construction Of Two Electric Locomotives

Craiova-based Softronic, the only factory in Eastern Europe manufacturing electric frames and locomotives, owned by four Romanian entrepreneurs, has contracted financing of EUR4.5 million fr...

Ecaterina Craciun · 25.10.2021 · 13:18 · 1 min
Gersim Impex Borrows EUR15.5M From ING Bank For Working Capital
Companies

Gersim Impex Borrows EUR15.5M From ING Bank For Working Capital

ING Bank Romania granted a loan of EUR15.5 million to Romanian company Gersim Impex, a wholesaler of mobile phones and tablets in Romania, which will use the funds for working capital.

Ecaterina Craciun · 19.10.2021 · 16:53 · 1 min
Real Estate Developer Campeador Borrows EUR4.5M From CEC Bank
Real Estate

Real Estate Developer Campeador Borrows EUR4.5M From CEC Bank

Real estate developer Campeador, with operations in western Romania, has contracted a loan worth EUR4.5 million from state-own lender CEC Bank.

Ecaterina Craciun · 12.10.2021 · 15:19 · 1 min
Distribution And Logistics Firm Aquila Gets EUR10M From EBRD For Development
Companies

Distribution And Logistics Firm Aquila Gets EUR10M From EBRD For Development

Distribution and logistics company Aquila, with an annual turnover of EUR370 million, borrows EUR10 million from the European Bank for Reconstruction and Development (EBRD) for the developme...

Ecaterina Craciun · 01.10.2021 · 17:13 · 1 min
European Fund for Southeast Europe Provides New Loan Of EUR10M To BT Microfinantare
Banks-Insurance

European Fund for Southeast Europe Provides New Loan Of EUR10M To BT Microfinantare

The European Fund for Southeast Europe (EFSE) has provided a new loan worth the equivalent in lei of EUR10 million to BT Microfinantare (BT Mic), part of lender Banca Transilvania.

Ecaterina Craciun · 01.10.2021 · 16:39 · 1 min
Romgaz Set To Contract RON1.6B From Banks To Buy Exxon's Stake In Neptun Deep Black Sea Project
Energy

Romgaz Set To Contract RON1.6B From Banks To Buy Exxon's Stake In Neptun Deep Black Sea Project

Romanian state-owned natural gas producer Romgaz (SNG.RO) said in a stock market report Thursday that it initiated a non-binding process in order to obtain offers for financing in the amount...

Ecaterina Craciun · 30.09.2021 · 19:11 · 3 min
New Consumer Loans in Lei Hit 14-Year Peak in July
Banks-Insurance

New Consumer Loans in Lei Hit 14-Year Peak in July

Romanian consumers took out more than RON2.87 billion new consumer loans in July 2021, the highest monthly volume in 14 years and 37.3% higher on the year-ago month.

Loredana Frățilă-Cristescu · 07.09.2021 · 12:03 · 1 min