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Belgium’s WDP Gets EUR150M From EIB For Development Projects In Romania
The European Investment Bank (EIB) is lending EUR150 million to Belgian logistics and industrial space developer Warehouses De Pauw (WDP) to finance the construction of 43 warehouses, all lo...
Transgaz Gets EUR50M EIB Financing for New Pipeline
The European Investment Bank (EIB) is lending EUR50 million to Romania's gas transmission company Transgaz to finance new pipeline that will link the gas sources available at the Black Sea s...
Alro Slatina Seeks $70M Loan for Working Capital, Investments
Shareholders of Alro Slatina (ALR.RO), one of the largest vertically integrated aluminum producers in Europe, on Monday decided to supplement by $70 million a syndicated credit facility of $...
Uztel Ploiesti Seeks to Borrow RON9.5M from First Bank
Romanian oilfield equipment manufacturer Uztel Ploiesti (UZT.RO) seeks two loans totaling RON9.5 million from First Bank to refinance a previous credit line and to fund working capital.
EBRD Grants EUR15M Loan to Craiova City for Urban Infrastructure Upgrades
The European Bank for Reconstruction and Development (EBRD) has granted a EUR15 million long-term loan to the city of Craiova to buy environmentally friendly buses and improve energy efficie...
BCR Leasing Gets EUR30M From EIB To Finance SMEs In Industry, Services, Infrastructure
BCR Leasing IFN signed a lending agreement with the European Investment Bank (EIB), which represents the second tranche, of EUR30 million, of a total loan of EUR100 million aimed at financin...
Wallberg Group Gets EUR5.2M Loan from Garanti Bank for Timisoara XCity Towers
Real estate group Wallberg Properties, owned by local entrepreneur Valentin Morar, has secured a EUR5.8 million loan from Garanti Bank for its EUR62 million XCity Towers project in Timisoara...
Romania Ranks Last In EU By Private Lending Share Of GDP, 51%
Romania ranks at the bottom of the European Union by share of loans granted by banks to consumers and companies in the GDP, considering the funding to the private sector stood at merely 51%...
Softronic Craiova Gets EUR14M Loan For Production Of Six Electric Locomotives
Craiova-based Softronic, the only factory manufacturing electric frames and locomotives in Eastern Europe, owned by four Romanian entrepreneurs, gets financing of EUR14 million from Raiffeis...