NewCold got RON182.8 million (about EUR36 million) funding from BCR and a similar amount from the European Bank for Reconstruction and Development (EBRD). EBRD lending will benefit from a partial EU guarantee under the EBRD InvestEU Framework for Sustainable Transition.
The project will receive up to RON695.6 million from the two banks for the first two phases and beyond.
(English version by Loredana Fratila-Cristescu)