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Voluntari CityHall Mulls Taking RON70M Loan For EU-Funded Project
Banks-Insurance

Voluntari CityHall Mulls Taking RON70M Loan For EU-Funded Project

The cityhall of Voluntari, a town nearby Romania's capital city Bucharest, aims to take a 70 million lei (EUR15.87 million) loan, on a 10-year period, to co-finance public investments develo...

Manuela Panescu · 25.03.2013 · 14:55 · 1 min
IMF Approves Three-Month Extension Of Romania Stand-By Loan
Macroeconomics

IMF Approves Three-Month Extension Of Romania Stand-By Loan

The International Monetary Fund approved a three-month extension of the EUR3.6 billion stand-by loan for Romania until the end of June, the fund said in a statement Wednesday.

Bogdan Neagu · 20.03.2013 · 22:29 · 1 min
EIB May Lend Up To EUR900M To Romania In 2013
Banks-Insurance

EIB May Lend Up To EUR900M To Romania In 2013

The European Investment Bank (EIB) may lend some 700-900 million euro to Romania this year, more than double from 2012, the bank's president Werner Hoyer said Monday.

Ioana Tudor · 11.03.2013 · 18:32 · 1 min
Energomontaj Takes RON145M Syndicated Loan From Four Banks
Banks-Insurance

Energomontaj Takes RON145M Syndicated Loan From Four Banks

Romanian Energomontaj will take a two-year of 145 million lei (EUR33 million) from a consortium of four local banks, to finance its operations and guarantee the company’s development project...

Manuela Panescu · 06.03.2013 · 13:26 · 1 min
BCR Gets EUR50M From EIB To Finance SMEs
Banks-Insurance

BCR Gets EUR50M From EIB To Finance SMEs

The European Investment Bank extended a EUR50 million credit line to Romanian bank BCR for on-lending to small and medium-sized enterprises, midcap companies and public entities in Romania.

Florentina Dragu · 04.03.2013 · 13:26 · 1 min
THR Marea Neagra Wants To Borrow RON15M
Retail&Consumer

THR Marea Neagra Wants To Borrow RON15M

Romanian company THR Marea Neagra (EFO.RO) plans to contract two credit lines worth a total 15 million lei (EUR3.4 million) and will pledge five hotels as collateral.

Ecaterina Craciun · 28.02.2013 · 14:08 · 1 min
Energy

Comelf To Borrow EUR3.3M For Upgrade Project

Romanian industry equipment maker Comelf Bistrita (CMF.RO) plans to borrow EUR3.3 million from local bank BRD-Societe Generale to finance an upgrade project at its production lines, the comp...

Florentina Dragu · 22.02.2013 · 15:01 · 1 min
EBRD Grants EUR9.2M Loan To Upgrade Water Infrastructure In Romania’s Prahova County
Banks-Insurance

EBRD Grants EUR9.2M Loan To Upgrade Water Infrastructure In Romania’s Prahova County

The European Bank for Reconstruction and Development (EBRD) is considering providing up to EUR9.2 million to co-finance investments in water infrastructure upgrades by SC Hidroprahova SA, a...

Oana Gavrila · 19.02.2013 · 10:44 · 1 min
Banks-Insurance

EBRD May Give EUR13.6M Loan To Oltenia Water Company

The European Bank for Reconstruction and Development EBRD is considering granting a EUR13.6 million loan to Oltenia Water Company, for the upgrade and expansion of the water infrastructure i...

Manuela Panescu · 18.02.2013 · 19:37 · 1 min