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Banks-Insurance

Hidroelectrica Takes RON120M Loan From Banca Transilvania

Romanian state-owned hydropower producer Hidroelectrica took out a credit line worth 120 million lei (EUR27.75 million) from Banca Transilvania (TLV.RO) to fund working capital, the Economy...

Andrei Cîrchelan · 14.10.2011 · 13:30 · 1 min
Energy

Rompetrol Rafinare Adds One Year To $1.2B Loan Return Deadline

Rompetrol Rafinare (RRC.RO), a unit of oil and gas group Rompetrol, has added one year to the deadline of a $1.2 billion loan taken from one of its shareholders.

Andrei Cîrchelan · 10.10.2011 · 18:19 · 1 min
Capital Market

Avicola Buzau Eyes RON15.6M Loan From Eximbank

The managing board of poultry meat producer Avicola Buzau (AVZU.RO) asked shareholders to approve the contracting of a loan worth 15.6 million lei (EUR3.6 million) from Eximbank, to be used...

Andrei Cîrchelan · 06.10.2011 · 19:17 · 1 min
Banks-Insurance

Bucharest Radisson Blu's Owner Borrows EUR71.5M To Refinance Debts

Romanian hotel operator Bucuresti Turism (BUTU.RO) has accessed a EUR71.5 million loan from Raiffeisen Bank International to refinance outstanding debts and repay a loan granted by its major...

Florentina Dragu · 03.10.2011 · 15:49 · 1 min
Banks-Insurance

EBRD Extends EUR13.4M Loan To Improve Water Infrastructure In Dambovita County

The European Bank for Reconstruction and Development will extend a loan of EUR13.4 million equivalent to Romanian Compania de Apa Targoviste-Dambovita to upgrade and expand its water service...

Florentina Dragu · 30.09.2011 · 15:01 · 1 min
Macroeconomics

IMF Approves EUR495M Disbursement To Romania

The International Monetary Fund Thursday completed the second review of Romania’s economic performance under a EUR3.5 billion precautionary loan agreement, enabling the disbursement of a new...

Florentina Dragu · 29.09.2011 · 19:49 · 1 min
Banks-Insurance

EBRD Lends RON33M To Romania’s City Of Medias For Infrastructure Upgrades

The European Bank for Reconstruction and Development will extend a 33 million lei (EUR7.85 million) loan to Romanian central city of Medias to finance urban infrastructure upgrades, the bank...

Florentina Dragu · 29.09.2011 · 12:58 · 1 min
Banks-Insurance

Volksbank’s Offer For Mortgage Loans In Detail

Volksbank returns to the market of home loans with interests of 9.61% on leu-denominated loans and of 6.98% on euro-denominated loans after a two-year pause.

Razvan Voican · 15.09.2011 · 00:00 · 2 min
Hidroelectrica Takes Out EUR32 Million Loan From RBS
Energy

Hidroelectrica Takes Out EUR32 Million Loan From RBS

Hidroelectrica, Romania’s largest energy producer, continues to borrow money from major banks. The latest bank it turned to is RBS Romania, from which it took out a EUR32 million loan.

Roxana Petrescu · 13.09.2011 · 00:00 · 1 min