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Alro Wants $28M Loan For Working Capital
Romanian Alro Slatina (ALR.RO), the largest aluminum smelter in southeast Europe, will discuss in stockholders meeting December 18 on taking a nearly $28 million loan from Raiffeisen Interna...
EBRD Considers EUR9.2M Loan For Prahova Water Infrastructure Project
The European Bank for Reconstruction and Development (EBRD) is considering providing a loan of EUR9.2 million to finance an investment project worth EUR146.2 million aiming to extend and reh...
Leu Loans More Expensive By The Month
Consumer and mortgage loans in Romanian leu became more expensive in September for the third month in a row and interests on euro loans went down again, making harder the shift to lending in...
EBRD Lends EUR30M To Banca Transilvania For SMEs, Energy Projects
The European Bank for Reconstruction and Development has extended a EUR20 million loan to Romanian lender Banca Transilvania (TLV.RO) for on-lending to small- and medium-sized enterprises, E...
Patria Credit Borrows RON36.6M From IFC
The International Finance Corporation (IFC), the private lending arm of the World Bank, has extended a 36.6 million lei ($10.4 million) credit line to Romanian Patria Credit to finance micro...
Real Estate Developer RomReal Might Default On EUR11.6M Loan Provided By Alpha Bank
Real estate developer RomReal, which has several properties in Romania, Friday said it is currently unable to discharge its entire debt to lender Alpha Bank and might default on its loan unl...
EBRD Considers EUR46M Loan For Crucea Wind Farm In Romania
The European Bank for Reconstruction and Development is considering providing a senior loan of EUR46.6 million to finance the commissioning and operation of a 40-megawatt wind farm in Romani...
BCR May Borrow EUR80M From EBRD For SME Financing
The European Bank for Reconstruction and Development is considering providing a senior loan for up to EUR80 million in two tranches to Romanian bank Banca Comerciala Romana (BCR) to provide...
Upet Seeks Funds To Finance Working Capital, Pay Contracts
Romanian oilfield equipment maker Upet Targoviste (UPET.RO) Monday said it plans to take out two loans to finance working capital and honor outstanding contracts.