The company expects the loan repayment to entail a cost of RON24.5 million.
Bidders are to file an attendance guarantee of RON367,000, added with a good performance guarantee worth 10% of the contract value. The loan will be repaid from the company’s own resources.
In June 2011, CNPR took out a RON40 million credit line from BCR, to fund working capital. The contract value is RON2.1 million, and the timeframe is 12 months.
CNPR is Romania’s largest postal service operator, 75% owned by the Communications Ministry. Another shareholder is investment fund Fondul Proprietatea (FP.RO), with a 25% stake. (EUR1=RON4.298)