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EBRD Considers EUR65M Loan To Draexlmaier
Automotive

EBRD Considers EUR65M Loan To Draexlmaier

The European Bank for Reconstruction and Development is considering providing a senior loan of up to EUR65 million to the German automotive supplier Draexlmaier Group to increase production...

Florentina Dragu · 02.09.2013 · 13:18 · 1 min
CEC Bank Selected To Grant Loans Under Program Supporting Young Entrepreneurs
Banks-Insurance

CEC Bank Selected To Grant Loans Under Program Supporting Young Entrepreneurs

Romania’s Economy Ministry selected state-run lender CEC Bank to grant loans under a state-supported program aimed to help young entrepreneurs, which offers non-reimbursable financing of up...

Ioana Tudor · 28.08.2013 · 12:58 · 1 min
Banks-Insurance

Prodplast Borrows RON5M To Finance Operations

Romanian plastics producer Prodplast (PPL.RO) Monday said it has borrowed 5 million lei (EUR1.1 million) from UniCredit Tiriac Bank to finance its activity.

Florentina Dragu · 26.08.2013 · 20:36 · 1 min
AFI Europe Wants To Refinance Loan Taken Out To Develop AFI Palace Cotroceni
Banks-Insurance

AFI Europe Wants To Refinance Loan Taken Out To Develop AFI Palace Cotroceni

Israeli real estate developer AFI Europe is in negotiations with several banks to refinance a loan worth EUR234 million taken out in 2007 from Hypo Real Estate Bank to develop shopping cente...

Ioana Tudor · 26.08.2013 · 13:32 · 1 min
Transgaz, OMV Lend EUR7.5M To Nabucco International
Energy

Transgaz, OMV Lend EUR7.5M To Nabucco International

Romanian state-run natural gas transporter Transgaz Medias (TGN.RO) and Austria’s oil and gas company OMV will provide a loan of up to EUR7.5 million to Nabucco Gas Pipeline International so...

Florentina Dragu · 20.08.2013 · 12:14 · 1 min
EBRD Considering EUR68M Loan For 68MW Wind Farm In Romania
Energy

EBRD Considering EUR68M Loan For 68MW Wind Farm In Romania

The European Bank for Reconstruction and Development is considering providing a loan for the construction, commissioning and operation of a 108 MW wind farm operating 36 wind turbines in the...

Florentina Dragu · 14.08.2013 · 11:16 · 1 min
La Fantana Uses Erste Loan To Finance Current Debts, Pay Dividends
Retail&Consumer

La Fantana Uses Erste Loan To Finance Current Debts, Pay Dividends

Romanian bottled water wholesaler La Fantana will use the EUR34 million it recently borrowed from Erste Group Bank (EBS.RO) to finance current debts, pay out dividends to shareholders and fo...

Ioana Tudor · 13.08.2013 · 12:27 · 1 min
La Fantana Borrows EUR34M From Erste Bank
Banks-Insurance

La Fantana Borrows EUR34M From Erste Bank

Romanian bottled water wholesaler La Fantana contracted a EUR34 million loan at the end of July from Erste Group Bank, which it guaranteed with its assets, accounts, insurance policies, and...

Oana Gavrila · 08.08.2013 · 16:34 · 1 min
Intesa Sanpaolo To Provide Financing To Framers That Get State Aid
Banks-Insurance

Intesa Sanpaolo To Provide Financing To Framers That Get State Aid

Intesa Sanpaolo Bank Romania, the local unit of Italy’s Intesa Sanpaolo, signed an agreement with the Romanian Agency for Payments in Agriculture, or APIA, to provide financing to farmers th...

Ioana Tudor · 06.08.2013 · 10:09 · 1 min