“The loan facility will be used for financing the working activities of Romcab company, especially for raw material acquisition,” said the representatives of law firm Dentons, which assisted EIB in the transaction.
In 2014, Romcab reported sales of RON661.7 million (EUR149 million), up from RON466.4 million a year before, and a net profit of RON25.4 million.
Businessman Zoltan Prosszer owns the majority stake in Romcab through car part dealer Sadalbari.