09.23.2013

Romanian state-run natural gas transporter Transgaz Medias (TGN.RO) on Monday approved extending a loan of up to EUR3.75 million to Nabucco Gas Pipeline International so that the latter doesn’t go more

09.19.2013

Romania’s domestic and external public debt sped up during the five years since the crisis began, and has now more than doubled compared with the end of 2008, to over 250 billion lei (EUR56 more

09.18.2013

The executive board of the International Monetary Fund will discuss Romania’s request for a EUR2 billion two-year loan facility on September 27, according to the Board’s calendar. more

09.17.2013

The European Bank for Reconstruction and Development will extend a EUR122.5 million financing line to French-based car parts producer Faurecia to fund investments in four countries, including Romania. more

09.16.2013

Romaqua, one of the largest Romanian-held companies in the fast moving consumer goods sector, is giving the lead to borrowing in lei, after refinancing an about 500 million lei (EUR112 million) taken more

09.11.2013

The European Bank for Reconstruction and Development (EBRD) is providing a loan worth EUR5 million to co-finance a Romanian EU-funded regional investment program of EUR83.2 million in Bihor county, more

09.10.2013

The European Bank for Reconstruction and Development (EBRD) is providing a loan worth 57 million lei (EUR13.6 million) to co-finance a Romanian EU-funded regional investment program of EUR150.28 more

09.06.2013

Romania’s central bank has notified the Justice Ministry of its conclusions regarding an impact study of potential collective lawsuits against commercial lenders, which shows the financial stability more

09.05.2013

Romanian cable maker Romcab Targu-Mures (MCAB.RO) wants to borrow EUR4 million from Volksbank to finance the construction of a warehouse. more

09.02.2013

The European Bank for Reconstruction and Development is considering providing a senior loan of up to EUR65 million to the German automotive supplier Draexlmaier Group to increase production capacity more

08.28.2013

Romania’s Economy Ministry selected state-run lender CEC Bank to grant loans under a state-supported program aimed to help young entrepreneurs, which offers non-reimbursable financing of up to more

08.26.2013

Romanian plastics producer Prodplast (PPL.RO) Monday said it has borrowed 5 million lei (EUR1.1 million) from UniCredit Tiriac Bank to finance its activity. more

08.26.2013

Israeli real estate developer AFI Europe is in negotiations with several banks to refinance a loan worth EUR234 million taken out in 2007 from Hypo Real Estate Bank to develop shopping center AFI more

08.20.2013

Romanian state-run natural gas transporter Transgaz Medias (TGN.RO) and Austria’s oil and gas company OMV will provide a loan of up to EUR7.5 million to Nabucco Gas Pipeline International so that more

08.14.2013

The European Bank for Reconstruction and Development is considering providing a loan for the construction, commissioning and operation of a 108 MW wind farm operating 36 wind turbines in the Dobrogea more

08.13.2013

Romania’s largest bank BCR Tuesday estimated that interest rates on low risk loans in domestic currency could fall below 6% in 2014, close to foreign currency loan rates. more

08.13.2013

Romanian bottled water wholesaler La Fantana will use the EUR34 million it recently borrowed from Erste Group Bank (EBS.RO) to finance current debts, pay out dividends to shareholders and for more

08.08.2013

Romanian bottled water wholesaler La Fantana contracted a EUR34 million loan at the end of July from Erste Group Bank, which it guaranteed with its assets, accounts, insurance policies, and trademark, more

08.07.2013

Romanian central bank governor Mugur Isarescu Wednesday said that his bank would do “everything possible” to help narrow the gap between interest rates on domestic and foreign currency loans. more

08.06.2013

Intesa Sanpaolo Bank Romania, the local unit of Italy’s Intesa Sanpaolo, signed an agreement with the Romanian Agency for Payments in Agriculture, or APIA, to provide financing to farmers that more

08.06.2013

The major listings scheduled for this year, Nuclearelectrica and Romgaz, have been postponed until the autumn of next year. On the other hand, the healthcare reform package will be ready by September, more

07.31.2013

Romania’s planned amendments to the Civil Procedure Code allowing consumers to denounce in court potentially abusive clauses introduced by service providers, including banks, should be balanced so more

07.31.2013

Romania’s TMK-Artrom Slatina (ART.RO), controlled by Russian steel pipe maker TMK, plans to borrow up to EUR27 million from UniCredit Tiriac Bank to refinance old loans, the company said in a more

07.31.2013

Romania plans to borrow EUR4 billion from the International Monetary Fund and the European Commission, the head of the IMF mission to Bucharest Andrea Schaechter said Wednesday. more

07.30.2013

Consumer lender Provident Financial Romania, part of British group International Personal Finance (IPF), said Tuesday it granted loans worth EUR54.9 million in the first half of 2013, up 12% on the more