The company pledges as collateral two buildings located in Bucharest’s second and sixth districts. French bank Blom Bank is one of the largest lenders in Romania, with a 0.16% market share.
Practic Bucuresti is one of the biggest owners of street-level commercial spaces in capital Bucharest, boasting a portfolio of 40,000 square meters.
The company’s 2016 budget envisages a net profit of RON18.6 million, higher than the level forecasted for 2015, and a flat turnover of RON32.7 million.