CEC Bank will provide funding to Maurer Imobiliare Constanta, while Libra Internet Bank will fund Maurer Panoramic Cluj and Maurer Imobiliare Mures.
The company now has over 1,500 employees in the 5 cities of Romania where it currently develops real estate projects.
Maurer Imobiliare Group is one of Romania’s biggest real estate developers, present on the domestic market for over 15 years. It has sold 9,500 apartments in six cities of Romania. Future plans include acquiring land plots in Bucharest and building 3,500 apartments.
In 2020, the group reached EUR50 million turnover and now has a 30-40% profit margin.
(English version by Catalina Apostoiu)