07.15.2013

Romanian Bacau-based bread producer Pambac borrowed EUR8.5 million to buy about 50,000 tons of wheat, Catalin Grigoriu, the general manager of the company, said. more

07.11.2013

A mission of the International Monetary Fund will visit Bucharest between July 17 and July 31 to discuss a potential follow up agreement with Romania, the IMF said in a statement Thursday. more

07.11.2013

The Managing Board of Romanian vegetable oil producer Argus Constanta (UARG.RO) is seeking shareholders' approval to borrow 67.5 million lei (EUR15.2 million) to finance the company's activity. more

07.10.2013

Romanian car parts maker Altur Slatina (ALT.RO) Wednesday approved taking out a loan of up to 12 million lei (EUR2.7 million) from Raiffeisen Bank to refinance an accounts receivable credit program more

07.09.2013

Romanian oil and gas geophysical surveyor Prospectiuni (PRSN.RO), controlled by businessman Ovidiu Tender, seeks to obtain financing of EUR4.4 million from Deutsche Forfait to buy seismic survey more

07.08.2013

The European Bank for Reconstruction and Development is considering providing a EUR59 million loan to Spanish firm Inveravante Inversiones Universales to build a 54-megawatt wind farm in Galati, more

07.04.2013

Romanian cable maker Romcab Targu-Mures (MCAB.RO) plans to contract a loan of 20 million lei (EUR4.5 million) from state-run lender EximBank, which will be used to finance several contracts concluded more

07.04.2013

Romanian state-run power grid operator Transelectrica (TEL.RO) has secured a revolving loan of up to 35 million lei (EUR7.86 million) from ING Bank to finance operations, the energy company said in a more

07.04.2013

Cosmote Romania, the third largest telecom operator on the local market, plans to contract a EUR225 million syndicated loan from the European Bank for Reconstruction and Development (EBRD) and a more

07.02.2013

Romanian state-run drug maker Antibiotice Iasi (ATB.RO) has borrowed 60 million lei (EUR13.5 million) from lender EximBank to finance its activity. more

07.01.2013

The owners of shopping center Cocor in Bucharest and lender Banca Comerciala Romana (BCR) have agreed to restructure a EUR15 million loan the mall took out in 2008. more

06.28.2013

Romania’s EUR20 billion rescue package is now eating into the funding that should have gone to highways, railways and hospitals. The central bank and the Finance Ministry got an actual amount of more

06.28.2013

Bank analysts say Romania needs a new loan with the International Monetary Fund after the Executive Board of the financial institution completed the last two reviews of Romania’s stand-by loan more

06.27.2013

The volume of non-performing loans in Romania will continue to rise unless banks unfreeze lending, because companies undergoing restructuring can’t survive without access to new loans, according to more

06.26.2013

The European Investment Bank Wednesday said it will lend EUR45 million to Romanian state-run CEC Bank to finance projects of SMEs, mid-caps and public sector institutions in various economic areas, more

06.25.2013

Small and medium-sized firms (SMEs) in Romania must change their business model, a measure more important and urgent than in the case of banks, as they are essential to the economy, Aurel Saramet, the more

06.25.2013

After extensive restructuring measures, Romania's largest lender Banca Comerciala Romana (BCR) is ready to restart lending to individuals, but only in lei, according to the bank’s strategic decision more

06.24.2013

The Mures County Council seeks a 15-year loan for RON89 million lei (EUR19.8 million) to fund public investments. more

06.13.2013

Romanian agribusiness group Agricover on Thursday signed an agreement with the Black Sea Trade and Development Bank (BSTDB) for a EUR15 million loan. more

06.12.2013

Interest rates on leu-denominated loans will stay high due to weak economic performance, the head of UniCredit Tiriac Bank said Wednesday. more

06.11.2013

Romanian state-run lender CEC Bank has secured a EUR25 million credit line from the Council of Europe Development Bank (CEB) to finance productive investment in the public and SME sectors, the more

06.10.2013

Romanian agribusiness group Agricover borrowed EUR15 million from Black Sea Trade and Development Bank to support its lending arm Agricover Credit IFN and expand its business. more

06.06.2013

Romanian car parts maker Altur Slatina (ALT.RO) Thursday proposed taking out a loan of up to EUR12 million from Raiffeisen Bank to refinance an accounts receivable credit program and write off another more

05.31.2013

The National Fund Guaranteeing Loans for Small and Medium Enterprises (FNGCIMM) might lower the fees it charges or increase the loan guarantee ceiling to support innovative SMEs and firms generating more

05.30.2013

The Romanian Finance Ministry is preparing its first eurobond issue this year, in a hurry to take advantage of the current favorable market circumstances ahead of the conclusion of the arrangement more