Erste, BCR Lend EUR50M To Four Mechel Units In Romania

11.09.2011 By Andrei Circhelan

Erste Group Bank (EBS.RO) and its Romanian arm Banca Comerciala Romana, or BCR, are granting a EUR50 million loan to four companies owned by Russian steel giant Mechel in Romania, to refinance loans and fund working capital.

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