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Romaero Plans To Take EUR3.5M Loan
Romanian aircraft repairs and maintenance company Romaero Bucuresti (RORX.RO) plans to borrow 15 million lei (EUR3.5 million) to finance current operations and refinance loans taken between...
SocGen, UniCredit And CaixaBank Provide EUR50M Loan For Romanian Wind Farms
French bank Societe Generale, alongside Italy’s UniCredit and Spanish CaixaBank will provide a syndicated loan worth EUR50 million to co-finance the construction of two wind farms in Romania...
Energobit Takes EUR10M Loan From EBRD
The European Bank for Reconstruction and Development granted a EUR10 million loan to Energobit ESCO, part of engineering group Energobit, to fund several energy efficiency projects.
Calipso Oradea Borrows EUR5.5M For Romania’s First DoubleTree Hotel
The shareholders of Romanian Calipso Oradea, which will open a DoubleTree by Hilton hotel this year, approved the contracting of two investment loans worth 4.3 million lei (EUR1 million) and...
Chimcomplex Borrows EUR8.6M For Upgrade Works
Chemical plant Chimcomplex Borzesti (CHOB.RO) will borrow EUR8.6 million to finance upgrade works at its power systems, the company said in a statement Tuesday.
Severnav Eyes EUR2.35M Loan From CEC Bank
Ship builder Severnav (SEVE.RO) plans to borrow EUR2.35 million from CEC Bank to finance activity, the company said in a statement.
EBRD Lends EUR110M To Hidroelectrica, For Financing Upgrades
Romanian state-owned hydropower producer Hidroelectrica signed Tuesday a EUR110 million financing contract with the European Bank for Reconstruction and Development, or EBRD, to upgrade the...
Hidroelectrica Borrows EUR110 Million From EBRD To Upgrade Stejaru Bicaz Plant
Hidroelectrica, Romania’s largest energy producer, took a EUR110-million loan from the European Bank for Reconstruction and Development (EBRD) for the rehabilitation of the Stejaru Bicaz pow...
Finance Ministry Has To Pay Back EUR9.8B As Part Of The Loan Meant To “Stabilize” Romania
The huge EUR20 billion loan taken out by Romania in 2009 from the International Monetary Fund (IMF), the European Commission and the World Bank – first as a “safety net”, but which soon beca...