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EBRD Lends EUR11M to Romanian City Bacau to Modernize Street Lighting
The European Bank for Reconstruction and Development (EBRD) and the Green Energy Special Fund are providing a joint EUR11 million loan to the eastern Romanian city of Bacau for the moderniza...
Veranda Mall Owner Gets EUR34M from CEC Bank for Expansion
Andrei Pogonaru, owner of the Veranda shopping center in Bucharest, has signed two loan agreements with CEC Bank for a total of EUR34 million to expand and update the mall.
Black Sea Trade and Development Bank, Garanti Bank Grant $25M Loan To Alum Tulcea
Black Sea Trade and Development Bank (BSTDB) and Garanti Bank Romania jointly grant a financing of $25 million to aluminum producer Alum Tulcea.
Transferoviar Grup To Contract RON5M Loan From Banca Transilvania
Transferoviar Grup, held by entrepreneur Calin Mitica and one of the largest players in the rail transport sector, will contract a loan of RON5 million from lender Banca Transilvania in orde...
EBRD Lends EUR25M to Modernize Water and Wastewater Services in Romania
The European Bank for Reconstruction and Development (EBRD) has granted a EUR25 million loan to Romania’s regional operator of water and wastewater utility RAJA SA, which will be supported b...
Cold Meats Producer Ana Si Cornel: We’ve Never Taken Out A Bank Loan
Cold meats producer Ana si Cornel based in Mizil, Prahova County, says it does not work with banks to avoid being vulnerable when things become difficult.
InterDoga Gets EUR5M Loan from OTP to Fund Green Park Iasi Residential Project
German group InterDoga, which bought the Green Park residential project in Iasi, eastern Romania, this spring, borrowed EUR5 million from OTP Bank Romania to cover the acquisition of 181 apa...
Consumer Loans At 12-Year High In H1
Romanian consumers took out 10.8 billion lei (EUR2.32 billion) worth of leu loans in the first half, which is a 12-year high, Romania’s central bank data show. The new loans Romanians took o...
Globalworth Takes Out EUR46M Loan From BCR For Construction Of Renault Romania’s New HQ
Real estate developer Globalworth has taken out a loan of EUR46 million from Banca Comerciala Romana (BCR), which will be used for the construction of the future headquarters of Groupe Renau...