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

05.29.2013

The Executive Board of the International Monetary Fund will review Romania’s performance under a EUR3.6 billion stand-by agreement on June 26, people close to the matter told Mediafax Wednesday. more

05.27.2013

UniCredit Tiriac Bank expects it will recover about 80%, or EUR17.2 million, of a EUR22 million loan granted to the Spanish developers of insolvent residential compound Alia Apartments in Bucharest, more

05.27.2013

Romanian state-owned lender CEC Bank will borrow EUR25 million from the Council of Europe Development Bank (CEB) to finance investment projects developed by small and medium-sized enterprises and more

05.23.2013

Romanian state-run energy holding Oltenia is looking to attract up to EUR160 million financing from the European Bank for Reconstruction and Development to upgrade an electricity production unit at more

05.14.2013

The chief executive of Raiffeisen Bank Romania said Tuesday local bankers could follow the central bank’s lead and cut interest rates on loan facilities, but the process would be rather lengthy. more

05.08.2013

Romanian central bank governor Mugur Isarescu said Wednesday that the institution’s move to cut interest rates on its standing facilities should reflect in lower loan rates on the interbank market more

04.28.2013

The European Bank for Reconstruction and Development (EBRD) will contribute through a EUR200 syndicated loan scheme to the financing of a EUR266 million modernization and rehabilitation project for more

04.23.2013

Romanian state-run lender EximBank and local agribusiness group Agricover have concluded a financing agreement whereby the bank will grant a loan worth 70 million lei (over EUR15.5 million) to more

04.05.2013

Romanian telecom operator RCS&RDS wants to obtain financing of up to EUR800 million and the money will be used to restructure current loans totally or partially, and might even attract new more

04.02.2013

Romanian state-owned passenger railway carrier CFR Calatori on Tuesday said it plans to contract a credit line of 19 million lei (EUR4.4 million) to finance its working capital. more

04.02.2013

The number of companies faced with a shortage of cash is on the rise and so is the number of those filing for insolvency. As a result, now is one of the best moments to sell commercial credit more

03.25.2013

The cityhall of Voluntari, a town nearby Romania's capital city Bucharest, aims to take a 70 million lei (EUR15.87 million) loan, on a 10-year period, to co-finance public investments developed with more

03.20.2013

The International Monetary Fund approved a three-month extension of the EUR3.6 billion stand-by loan for Romania until the end of June, the fund said in a statement Wednesday. more

03.11.2013

The European Investment Bank (EIB) may lend some 700-900 million euro to Romania this year, more than double from 2012, the bank's president Werner Hoyer said Monday. more

03.06.2013

Romanian Energomontaj will take a two-year of 145 million lei (EUR33 million) from a consortium of four local banks, to finance its operations and guarantee the company’s development projects, more

03.04.2013

The European Investment Bank extended a EUR50 million credit line to Romanian bank BCR for on-lending to small and medium-sized enterprises, midcap companies and public entities in Romania. more

02.28.2013

Romanian company THR Marea Neagra (EFO.RO) plans to contract two credit lines worth a total 15 million lei (EUR3.4 million) and will pledge five hotels as collateral. more

02.22.2013

Romanian industry equipment maker Comelf Bistrita (CMF.RO) plans to borrow EUR3.3 million from local bank BRD-Societe Generale to finance an upgrade project at its production lines, the company said more

02.19.2013

The European Bank for Reconstruction and Development (EBRD) is considering providing up to EUR9.2 million to co-finance investments in water infrastructure upgrades by SC Hidroprahova SA, a regional more

02.18.2013

The European Bank for Reconstruction and Development EBRD is considering granting a EUR13.6 million loan to Oltenia Water Company, for the upgrade and expansion of the water infrastructure in Dolj more

01.29.2013

Romania has missed some of the fiscal targets assumed under a EUR3.6 billion loan agreement with the International Monetary Fund, but the government is taking corrective actions to achieve its goals, more

01.28.2013

The International Monetary Fund has agreed in principle to a two-month extension of Romania’s EUR3.6 billion precautionary loan agreement due for completion in late April, Romanian Prime Minister more