10.25.2011

Almost 40,000 debtors refinanced their loans with a different bank than the one that sold them the loan in the first five months of 2011, triple compared with the similar interval a year ago, show more

10.22.2011

The talks between Romanian authorities and the stand-by agreement evaluation mission on the 2012 state budget will start from a forecast for economic growth of 2.3-2.5% and a budget deficit of 3% of more

10.21.2011

Enel Green Power, the renewable energy division of Italian utility Enel, obtained financing of EUR112 million from the Danish government's Export Credit Agency (EKF) to invest in wind farm projects in more

10.18.2011

A typical debtor to a bank is male, aged 30 to 34 years, lives in Bucharest and holds a loan in lei, according to data from the Credit Bureau, the institution that collections information on loans to more

10.14.2011

Romanian generic drugs wholesaler Ropharma Brasov (RPH.RO) plans to borrow EUR2 million from ING Bank to finance medium-term investments, the company said in a statement Friday. more

10.14.2011

Romanian state-owned hydropower producer Hidroelectrica took out a credit line worth 120 million lei (EUR27.75 million) from Banca Transilvania (TLV.RO) to fund working capital, the Economy Ministry, more

10.13.2011

Romanian state-run lender CEC Bank Thursday said 25% of the distressed loans modified to give the companies more time to recover have gone bad again after three months. more

10.10.2011

Rompetrol Rafinare (RRC.RO), a unit of oil and gas group Rompetrol, has added one year to the deadline of a $1.2 billion loan taken from one of its shareholders. more

10.06.2011

The managing board of poultry meat producer Avicola Buzau (AVZU.RO) asked shareholders to approve the contracting of a loan worth 15.6 million lei (EUR3.6 million) from Eximbank, to be used as working more

10.03.2011

Romanian hotel operator Bucuresti Turism (BUTU.RO) has accessed a EUR71.5 million loan from Raiffeisen Bank International to refinance outstanding debts and repay a loan granted by its majority more

09.30.2011

The European Bank for Reconstruction and Development will extend a loan of EUR13.4 million equivalent to Romanian Compania de Apa Targoviste-Dambovita to upgrade and expand its water services in more

09.29.2011

The International Monetary Fund Thursday completed the second review of Romania’s economic performance under a EUR3.5 billion precautionary loan agreement, enabling the disbursement of a new EUR495 more

09.29.2011

The European Bank for Reconstruction and Development will extend a 33 million lei (EUR7.85 million) loan to Romanian central city of Medias to finance urban infrastructure upgrades, the bank said in a more

09.15.2011

Volksbank returns to the market of home loans with interests of 9.61% on leu-denominated loans and of 6.98% on euro-denominated loans after a two-year pause. more

09.13.2011

Hidroelectrica, Romania’s largest energy producer, continues to borrow money from major banks. The latest bank it turned to is RBS Romania, from which it took out a EUR32 million loan. more

09.12.2011

RBS Romania will grant a one-year loan worth EUR32 million to state-owned hydropower producer Hidroelectrica, to finance working capital needs. more

09.12.2011

Romanian car parts maker Altur Slatina (ALT.RO) on Monday said it will take out a 14 million lei (EUR3.28 million) loan from Raiffeisen Bank, to upgrade production. more

09.12.2011

Raiffeisen Bank Romania has taken out a syndicated loan worth EUR150 million to finance lending, people familiar with the matter told MEDIAFAX Monday. more

09.08.2011

The European Bank for Reconstruction and Development, or EBRD, on Thursday said it is considering granting a loan of EUR210 million to the Louis Delhaize Group, for the expansion of its Cora more

09.08.2011

Rosia Montana Gold Corporation (RMGC), the company developing a gold mining project in Rosia Montana, western Romania, will borrow $700 million from an international bank consortium led by Royal Bank more

09.01.2011

Romanian grains and fertilizer trader Ameropa Grains Constanta (CCRL.RO), former Comcereal, on Thursday said it seeks funding worth at most EUR48.2 million from UniCredit Tiriac. more

08.31.2011

Bucharest's General Council on Wednesday is discussing borrowing EUR800 million to be used to restructure debt and for future projects. If the councilors approve the project, and the Finance Ministry more

08.11.2011

Romania's Regional Development Ministry has asked the Finance Ministry for a loan of up to 980 million lei (EUR228 million) to refund EU project beneficiaries while the European Commission provides no more

08.10.2011

Romanian aircraft repairs and maintenance company Romaero Bucuresti (RORX.RO) plans to borrow 15 million lei (EUR3.5 million) to finance current operations and refinance loans taken between 2007 and more

08.10.2011

Shareholders of Romanian paper and cellulose producer Vrancart Adjud (VNC.RO) Wednesday approved the contracting of a loan worth EUR6 million from UniCredit Tiriac Bank, for financing a production more