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What The Romanian Government Has Committed To In The Future Agreement With The IMF
The major listings scheduled for this year, Nuclearelectrica and Romgaz, have been postponed until the autumn of next year. On the other hand, the healthcare reform package will be ready by...
Romania To Secure EUR4B Loan From IMF, EU
Romania plans to borrow EUR4 billion from the International Monetary Fund and the European Commission, the head of the IMF mission to Bucharest Andrea Schaechter said Wednesday.
TMK Artrom Seeks EUR27M Loan To Repay Debts
Romania’s TMK-Artrom Slatina (ART.RO), controlled by Russian steel pipe maker TMK, plans to borrow up to EUR27 million from UniCredit Tiriac Bank to refinance old loans, the company said in...
Provident Financial Romania Granted Loans Worth About EUR55M In 1H
Consumer lender Provident Financial Romania, part of British group International Personal Finance (IPF), said Tuesday it granted loans worth EUR54.9 million in the first half of 2013, up 12%...
Agricover Credit Granted Loans Worth RON253M In 1H
Romanian Agricover Credit IFN, part of agribusiness group Agricover, said Tuesday it granted loans worth 253.2 million lei (EUR57.6 million) in the first half of 2013, up 87% on the year.
UniCredit Tiriac Bank Gets EUR10M EBRD Loan To Finance Energy Projects
The European Bank for Reconstruction and Development Monday said it has extended a EUR10 million loan to Romania’s UniCredit Tiriac Bank for on-lending to small and medium-sized enterprises...
Banking System Remains Profitable After Five Months, With Net Profit Of RON763M
Production of new loans did not recover in the first five months of the year, with the ratio of non-performing loans exceeding 20% in May and no spectacular progress in terms of cutting oper...
Romania To Sign "Discipline Program" With IMF, Says Lagarde
Romania’s next loan deal with the International Monetary Fund will be a precautionary arrangement aiming to consolidate macroeconomic stability and control policies, the fund’s managing dire...
Pambac Borrows EUR8.5M To Buy Wheat
Romanian Bacau-based bread producer Pambac borrowed EUR8.5 million to buy about 50,000 tons of wheat, Catalin Grigoriu, the general manager of the company, said.