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Agricover Credit IFN Accesses $42M Loan from IFC To Support Agricultural SMEs
International Finance Corporation (IFC), a World Bank member, is supporting a $42 million equivalent debt financing package to Agricover Credit IFN, Romania’s largest non-banking financial i...
Distributie Energie Oltenia Signs Agreement With Bank Syndicate To Refinance Debt And Get RON1.7B Funds
Distributie Energie Oltenia (DEO), the electricity distribution company in the Oltenia region and one of the four electricity distributors in Romania, has signed an agreement with a bank syn...
MedLife Shareholders Approve Increasing Line Of Credit By EUR50M To EUR318M
Private medical service provider MedLife (M.RO) on Tuesday announced its shareholders had authorized the board of directors to negotiate with the bank syndicate the increase of the syndicate...
Tissue Paper Maker MG Tec Industry Borrows EUR7.5M from Garanti BBVA for Business Development
Garanti BBVA granted a EUR7.5 million loan to Dej-based MG Tec Industry SRL, the leading Romanian producer of tissue paper.
Chimcomplex Seeks To Borrow EUR60M
Chimcomplex (CRC.RO), the largest chemical producer in Romania, with two sites - in Onesti and Ramnicu Valcea, has called shareholders to approve among others an up to EUR60 million loan fro...
Holde Agri Invest Borrows Another RON5M From Shareholder SevenX Ventures
Holde Agri Invest (HAI.RO), a farmland operator listed on the AeRO market of the Bucharest Stock Exchange, on Tuesday notified it about having received a RON5 million loan from SevenX Ventur...
Avioane Craiova Seeks To Get RON300M Loans From BCR
Avioane Craiova (AVIO.RO), a Romanian aeronautical company, has called shareholders for a general meeting on March 6, when they are to vote on getting a loan facility to fund the day-to-day...
Garanti BBVA Lends EUR5M to Industrial Group Alca for Funding of 5-Star Hotel in Bucegi Mountains
Garanti BBVA Romania has granted a EUR5 million loan to Industrial Group Alca for the financing of Pestera Wellness & Spa project, a 5-star hotel located in Pestera-Padina resort of Bucegi m...
Holde Agri Invest Gets RON5M Loan From Shareholder SevenX Ventures
Farmland operator Holde Agri Invest (stock symbol: HAI) has contracted a loan worth a total RON5 million from SevenX Ventures, which owns 21.1% of the company's shares and is held by investo...