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Alumil Rom Industry Seeks RON7M Loan To Finance Activity
Banks-Insurance

Alumil Rom Industry Seeks RON7M Loan To Finance Activity

Romanian aluminum processor Alumil Rom Industry Bucuresti (ALU.RO) wants to borrow 7 million lei (EUR1.5 million) from Millennium Bank to finance operations.

Ecaterina Craciun · 07.03.2014 · 16:33 · 1 min
CFR Calatori Seeks RON100M Loan To Refinance Debt
Automotive

CFR Calatori Seeks RON100M Loan To Refinance Debt

Romanian state-run passenger rail carrier CFR Calatori plans to borrow 100 million lei (EUR22.1 million) to refinance older debt, the company said Wednesday.

Florentina Dragu · 05.03.2014 · 16:26 · 1 min
IFC Lends RON112M To Romanian Timisoara To Support Municipal Infrastructure
Banks-Insurance

IFC Lends RON112M To Romanian Timisoara To Support Municipal Infrastructure

The International Finance Corporation, the lending arm of the World Bank, has extended a 112 million lei (approximately EUR25 million) loan to the Romanian municipality of Timisoara to suppo...

Florentina Dragu · 04.03.2014 · 15:40 · 1 min
Spanish Roquet Hydraulics Gets EUR5M EBRD Loan To Build Plant In Romania
Banks-Insurance

Spanish Roquet Hydraulics Gets EUR5M EBRD Loan To Build Plant In Romania

The European Bank for Reconstruction and Development has extended a EUR5 million credit line to Spain’s Roquet Hydraulics which will be used to co-finance the development of a greenfield pla...

Florentina Dragu · 19.02.2014 · 12:38 · 1 min
EBRD Grants EUR11.8M Loan For Water And Sewage Works In Southern Romania
Banks-Insurance

EBRD Grants EUR11.8M Loan For Water And Sewage Works In Southern Romania

The European Bank for Reconstruction and Development will lend EUR11.8 million to water utility Apa Canal 2000 to co-finance upgrades on water and sewage systems in Arges county, Romania.

Oana Gavrila · 17.02.2014 · 18:11 · 1 min
UBS Lends EUR65 Million To Papalekas' Property Firm Globalworth
Real Estate

UBS Lends EUR65 Million To Papalekas' Property Firm Globalworth

Investment fund Globalworth, founded by Greek real estate investor Ioannis Papalekas to develops properties in Romania, SEE and CEE regions, borrowed EUR65 million from Swiss-based lender UB...

Gabriela Stan · 14.02.2014 · 12:24 · 1 min
BCR Leasing Borrows EUR15M From EIB To Finance SMEs
Banks-Insurance

BCR Leasing Borrows EUR15M From EIB To Finance SMEs

The European Investment Bank Thursday said it has provided a EUR15 million loan to Romanian leasing company BCR Leasing to finance small and medium-sized enterprises (SMEs), midcap companies...

Florentina Dragu · 13.02.2014 · 12:38 · 1 min
BCR Outsources Part Of Cemacon's Debt To Dutch Investment Fund
Real Estate

BCR Outsources Part Of Cemacon's Debt To Dutch Investment Fund

Romanian lender BCR has outsourced EUR12 million of local brick maker Cemacon's (CEON.RO) debt to Netherlands-registered investment fund Business Capital For Romania Opportunity Fund Coopera...

Oana Gavrila · 10.02.2014 · 11:17 · 1 min
Romanians Spend EUR15B On Loan Repayment, Fuel, Electricity And Heating
Banks-Insurance

Romanians Spend EUR15B On Loan Repayment, Fuel, Electricity And Heating

Loan installments are the second biggest expense of Romanians after gas. The fear of losing their jobs and becoming unable to pay future bills will make them save the money left from the res...

Loredana Frățilă-Cristescu · 10.02.2014 · 10:00 · 3 min