The funding benefits from a state guarantee issued by Exim Banca Romaneasca, covering up to 7% of the loan value.
PCF Investment Banking acted as an exclusive consultant of MG Tec Industry in the structuring, negotiation and implementation of the deal.
Last year, investment fund SARMIS Capital took over the majority stake in MG Tec Industry, a company that has operated overall EUR150 million investments.
In 2023, the company posted RON286 million turnover, up 27% from 2022, RON688,000 net profit and an average number of 325 employees.
(English version by Catalina Apostoiu)