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Carrefour Romania Takes Out RON60M Loan From ING Bank
Artima, the company through which Carrefour Romania administers its Market supermarkets and three Express convenience stores in Bucharest, announced Wednesday that it concluded a lending agr...
IMF/EU: Romania Deal On Track; Spending Freeze To Counter Fuel Tax Delay
The International Monetary Fund and the European Commission on Tuesday said Romania’s economic program under a EUR4 billion precautionary deal remains broadly on track amid signs of recoveri...
CE Oltenia Takes Out EUR193M Syndicated Loan To Upgrade Unit
Romanian state-run energy holding CE Oltenia has taken out a EUR193 million syndicated loan from the European Bank for Reconstruction and Development, BCR, BRD and UniCredit to upgrade an el...
CE Oltenia Borrows EUR130M From EBRD To Upgrade Production Unit
Romanian state-run energy holding CE Oltenia will take out a EUR130 million loan from the European Bank for Reconstruction and Development to co-finance upgrade works at one of its electrici...
Uzuc Ploiesti Seeks EUR5M Loan To Purchase Paper Maker Somes Dej
Romanian industrial equipment manufacturer Uzuc Ploiesti (UZC.RO) plans to take out a EUR5 million loan to purchase the operating assets of paper maker Somes Dej (SMS.RO), Uzuc said Friday.
Deposits Almost Equal Loans In Romania’s Banking System
The loan/deposit ratio in the banking system came close to a balance in November 2013, standing at 105% compared with 137% in November 2008.
Banks Expected To End 2013 In The Black
Romania’s banking system probably ended 2013 in the black after having posted cumulated net profit of 1.73 billion lei (EUR381 million) in January-November compared with a RON2.3 billion los...
Romania Gets EUR110M From EIB To Co-finance Rural Development Projects
Romania will receive funds worth EUR110 million from the European Investment Bank (EIB) to co-finance projects within the National Rural Development Program (PNDR), the Finance Ministry said...
Carpathian Springs Borrows EUR14M From BRD To Extend Aqua Carpatica Production
BRD Groupe Société Générale, Romania’s second largest lender by assets, has granted a loan of EUR14 million to Carpathian Springs to finance its current operations and extend the production...