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Rafo Seeks EUR330M Loan For Upgrades
Romanian oil refinery Rafo Onesti (RAF.RO) Friday reiterated a proposal to borrow EUR330 million from foreign creditors to upgrade installations.
Hidroelectrica Insolvency Case Reaches BNR
Hidroelectrica’s creditors and its court-appointed administrator are due to discuss the impact of the shocking insolvency of Romania’s most valuable state-run company at the central bank’s h...
Antibiotice Takes EUR11.3M Credit Line For Working Capital
Romanian state-run drugmaker Antibiotice Iasi (ATB.RO) took two credit lines of EUR9.5 million and 8 million lei (EUR1.8 million) to finance its working capital, the company said in a statem...
The EUR1B Credit Line From World Bank Is Like Car Insurance – You Have An Accident, You Get The Money
The EUR1-billion credit line for Romania approved on Tuesday by the World Bank (WB) is the first loan of this kind that a European country takes out, and will consolidate the liquidity reser...
World Bank Approves EUR1B Loan For Romania
The World Bank's Board of Executive Directors on Tuesday approved a EUR1 billion precautionary loan for Romania, the Finance Ministry informs.
World Bank Discusses Romania’s EUR1B Loan On Tuesday
The World Bank has scheduled for Tuesday the meeting of the Board which will discuss granting the EUR1 billion loan to Romania, Stefan Nanu, Romania’s representative at the international fin...
Arad Authorities Get EUR9M Loan From EBRD To Buy New Trams
Local authorities in Arad, western Romania, and the EBRD on Friday signed a EUR20 million loan agreement, with EUR9.4 million to be used to buy six new trams and the difference to refinance...
EBRD Invests EUR12.8M To Improve Water Services In Galati County
The European Bank for Reconstruction and Development on Thursday said it has extended a EUR55.5 million loan to water utility company APA Canal SA Galati to improve water services in Galati...
BCR Borrows EUR50M From EIB To Finance Small Companies
The European Investment Bank has extended a EUR50 million credit line to Romanian lender BCR for on-lending to small and medium sized enterprises, midcap companies and public entities, the b...