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EIB Lends EUR100M To Romania’s BRD To Finance SMEs, Mid-caps
Banks-Insurance

EIB Lends EUR100M To Romania’s BRD To Finance SMEs, Mid-caps

The European Investment Bank has extended a EUR100 million credit line to Romanian lender BRD Groupe Societe Generale (BRD.RO) for on-lending to SMEs and mid-cap companies, the two banks sai...

Florentina Dragu · 24.09.2013 · 16:37 · 1 min
Transgaz OKs Loan To Nabucco International
Energy

Transgaz OKs Loan To Nabucco International

Romanian state-run natural gas transporter Transgaz Medias (TGN.RO) on Monday approved extending a loan of up to EUR3.75 million to Nabucco Gas Pipeline International so that the latter does...

Florentina Dragu · 23.09.2013 · 14:16 · 1 min
Romania’s Public Debt Doubles In Five Years To Over EUR50B
Macroeconomics

Romania’s Public Debt Doubles In Five Years To Over EUR50B

Romania’s domestic and external public debt sped up during the five years since the crisis began, and has now more than doubled compared with the end of 2008, to over 250 billion lei (EUR56...

Tudor Ioana Raluca · 19.09.2013 · 08:13 · 3 min
IMF To Discuss Extending New Loan To Romania September 27
Macroeconomics

IMF To Discuss Extending New Loan To Romania September 27

The executive board of the International Monetary Fund will discuss Romania’s request for a EUR2 billion two-year loan facility on September 27, according to the Board’s calendar.

Florentina Dragu · 18.09.2013 · 14:07 · 1 min
EBRD Lends EUR122.5M To Faurecia For Investments In Romania, 3 Other Countries
Automotive

EBRD Lends EUR122.5M To Faurecia For Investments In Romania, 3 Other Countries

The European Bank for Reconstruction and Development will extend a EUR122.5 million financing line to French-based car parts producer Faurecia to fund investments in four countries, includin...

Florentina Dragu · 17.09.2013 · 14:15 · 1 min
Banca Transilvania, CEC Bank Refinance Mineral Water Producer Romaqua’s RON500M Loan
Banks-Insurance

Banca Transilvania, CEC Bank Refinance Mineral Water Producer Romaqua’s RON500M Loan

Romaqua, one of the largest Romanian-held companies in the fast moving consumer goods sector, is giving the lead to borrowing in lei, after refinancing an about 500 million lei (EUR112 milli...

Tudor Ioana Raluca · 16.09.2013 · 07:41 · 2 min
EBRD Provides EUR5M Loan For Water System Upgrade In W Romania
Banks-Insurance

EBRD Provides EUR5M Loan For Water System Upgrade In W Romania

The European Bank for Reconstruction and Development (EBRD) is providing a loan worth EUR5 million to co-finance a Romanian EU-funded regional investment program of EUR83.2 million in Bihor...

Ioana Tudor · 11.09.2013 · 17:04 · 1 min
EBRD Provides RON57M Loan For Water System Upgrade In Romania
Banks-Insurance

EBRD Provides RON57M Loan For Water System Upgrade In Romania

The European Bank for Reconstruction and Development (EBRD) is providing a loan worth 57 million lei (EUR13.6 million) to co-finance a Romanian EU-funded regional investment program of EUR15...

Ioana Tudor · 10.09.2013 · 16:11 · 1 min
Romcab Wants To Borrow EUR4M From Volksbank To Build Warehouse
Capital Market

Romcab Wants To Borrow EUR4M From Volksbank To Build Warehouse

Romanian cable maker Romcab Targu-Mures (MCAB.RO) wants to borrow EUR4 million from Volksbank to finance the construction of a warehouse.

Ioana Tudor · 05.09.2013 · 11:44 · 1 min