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Bucharest City Hall Seeks To Roll Over RON550M Loan Due In May 2020
Bucharest City Hall seeks to release a ten-year bond issue of up to 550 million lei (EUR115 million) to refinance a 2015 loan falling due in May 2020, ZF has found. Raiffeisen and two other...
Romanians Took RON37B Consumer And Mortgage Loans From Banks In 2019, A 13-Year Record High
New consumer and mortgage loans in lei and euros taken by consumers from banks reached a new peak in 2019, 36.9 billion lei (EUR7.74 billion), RON1.1 billion more than in 2018 and over RON2...
BRD Grants RON54M Loan To Furniture Producer Aramis Invest Group
BRD Groupe Societe Generale has granted financing of RON54 million to Baia Mare-based Aramis Invest Group to cover working capital needs and investments in development, according to data pro...
Patria Credit IFN Gets EUR2.5M EFSE Loan to Fund Farmers
Patria Credit, the non-banking financial institution owned by Patria Bank Group, which funds farmers and farming micro-enterprises, received a EUR2.5 million loan from the European Fund for...
Alro Slatina Seeks Loan Of Maximum $40M From BSTDB To Refinance Investments Of 2018-2019
Alro Slatina (ALR.RO), producer of primary aluminium and alloys, is summoning its shareholders for January 21, 2020 to approve a decision to contract a new loan facility of up to $40 million...
Bergamot Developments Borrows EUR20.7M From Unicredit Bank To Fund Luxuria Domenii Residence Project
Bergamot Developments, held by real estate developer Impact Developer & Contractor, has signed a loan contract worth EUR20.7 million with Unicredit Bank in order to fund the second stage of...
VGP Gets EUR34M Loan from Raiffeisen to Fund Industrial Project in Timis County
VGP Park Timisoara, owned by Belgian industrial property developer VGP, has contracted a EUR34 million loan from Raiffeisen Bank International AG and Raiffeisen Bank SA to refinance an indus...
EIB Lends Over EUR21M For Thermal Rehabilitation Of Buildings in Bucharest’s Sector 2
The European Investment Bank (EIB) has agreed to lend EUR21.1 million, the first tranche of an approved EIB loan of EUR63.6 million, for financing the third phase of the energy efficiency in...
MedLife Signs EUR90M Syndicated Loan for New Acquisitions
MedLife, the leader of the private medical services market in Romania, said Friday it has signed a EUR90 million syndicated facility, which includes the increase of its existing facilities b...