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Avicola Brasov Borrows RON40M To Finance Production
Poultry processor Avicola Brasov (AVLE.RO) will borrow 40 million lei (EUR9.5 million) from Banca Transilvania (TLV.RO) to finance production, the company said in a statement Tuesday.
Hard Coal Mining Company SNLO Plans To Take Out RON40M Loan
Romanian state-owned lignite company SNLO plans to take out a one-year loan worth 40 million lei (EUR9.5 million).
Rulmenti Barlad To Borrow EUR5M From UniCredit Tiriac
The shareholders of Romanian ball bearing maker Rulmenti Barlad (RBL.RO) recently approved the contracting of a EUR5 million loan from UniCredit Tiriac.
Romania To Guarantee Loans For SMEs In Trouble - Draft
The Romanian state will guarantee 80% of the value of loans taken out by SMEs and will subsidize up to 50% the interest on the loans contracted to help firms cope with problems caused by the...
BCR Lends Posta Romana RON40M For Working Capital
Postal company Posta Romana Tuesday said will borrow 40 million lei (EUR23.1 million) from lender Banca Comerciala Romana, or BCR, to help finance working capital.
Romania Borrows EUR11.5B In Five Months To Keep Going
The record-high EUR1.5 billion raised by the Finance Ministry last week from the foreign markets brings to over EUR4.5 billion the foreign currency debt accumulated by Romania since the begi...
Loan Provisions Jumped By EUR200M In April, Equaling First Quarter Growth
The loan provisions set up by banks posted another increase in April, leaping by around EUR200 million from March, after a four-month period when they seemed to have stabilized. The April ju...
Finance Ministry To Lend Metrorex EUR40M For Debts
Romania's Finance Ministry will lend Bucharest subway operator Metrorex 165 million lei (EUR40 million) to pay its debts to Alstom Transportation, which has been in charge of train maintenan...
Agricola Brasov May Seek RON40M For Production
Poultry meat producer Avicola Brasov on Tuesday said it plans to take out a 40 million lei (EUR9.7 million) loan to support production.