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IMF Mission To Visit Romania July 17-31 For Talks On New Loan
A mission of the International Monetary Fund will visit Bucharest between July 17 and July 31 to discuss a potential follow up agreement with Romania, the IMF said in a statement Thursday.
Argus Wants To Borrow RON67.5M To Finance Its Activity
The Managing Board of Romanian vegetable oil producer Argus Constanta (UARG.RO) is seeking shareholders' approval to borrow 67.5 million lei (EUR15.2 million) to finance the company's activi...
Altur Borrows RON12M From Raiffeisen Bank To Refinance Debt
Romanian car parts maker Altur Slatina (ALT.RO) Wednesday approved taking out a loan of up to 12 million lei (EUR2.7 million) from Raiffeisen Bank to refinance an accounts receivable credit...
Prospectiuni Wants To Borrow EUR4.4M From Deutsche Forfait To Buy Equipment
Romanian oil and gas geophysical surveyor Prospectiuni (PRSN.RO), controlled by businessman Ovidiu Tender, seeks to obtain financing of EUR4.4 million from Deutsche Forfait to buy seismic su...
EBRD May Grant EUR59M Loan For Wind Farm Construction in SE Romania
The European Bank for Reconstruction and Development is considering providing a EUR59 million loan to Spanish firm Inveravante Inversiones Universales to build a 54-megawatt wind farm in Gal...
Romcab Seeks RON20M Loan From EximBank
Romanian cable maker Romcab Targu-Mures (MCAB.RO) plans to contract a loan of 20 million lei (EUR4.5 million) from state-run lender EximBank, which will be used to finance several contracts...
Transelectrica Secures RON35M Revolving Loan To Finance Activity
Romanian state-run power grid operator Transelectrica (TEL.RO) has secured a revolving loan of up to 35 million lei (EUR7.86 million) from ING Bank to finance operations, the energy company...
Antibiotice Borrows RON60M From EximBank
Romanian state-run drug maker Antibiotice Iasi (ATB.RO) has borrowed 60 million lei (EUR13.5 million) from lender EximBank to finance its activity.
Cocor Bucuresti Restructures EUR15M Loan From BCR
The owners of shopping center Cocor in Bucharest and lender Banca Comerciala Romana (BCR) have agreed to restructure a EUR15 million loan the mall took out in 2008.