08.04.2011

French bank Societe Generale, alongside Italy’s UniCredit and Spanish CaixaBank will provide a syndicated loan worth EUR50 million to co-finance the construction of two wind farms in Romania, the more

07.22.2011

The Finance Ministry does not plan to refinance the club loan worth EUR1.26 billion due at the end of next week, but may consider a rollover of the EUR1.21 billion bond issue also maturing toward the more

07.21.2011

The European Bank for Reconstruction and Development granted a EUR10 million loan to Energobit ESCO, part of engineering group Energobit, to fund several energy efficiency projects. more

07.20.2011

The shareholders of Romanian Calipso Oradea, which will open a DoubleTree by Hilton hotel this year, approved the contracting of two investment loans worth 4.3 million lei (EUR1 million) and, more

07.12.2011

Chemical plant Chimcomplex Borzesti (CHOB.RO) will borrow EUR8.6 million to finance upgrade works at its power systems, the company said in a statement Tuesday. more

07.12.2011

Ship builder Severnav (SEVE.RO) plans to borrow EUR2.35 million from CEC Bank to finance activity, the company said in a statement. more

07.12.2011

Romanian state-owned hydropower producer Hidroelectrica signed Tuesday a EUR110 million financing contract with the European Bank for Reconstruction and Development, or EBRD, to upgrade the Stejarul more

07.12.2011

Hidroelectrica, Romania’s largest energy producer, took a EUR110-million loan from the European Bank for Reconstruction and Development (EBRD) for the rehabilitation of the Stejaru Bicaz power more

07.06.2011

The huge EUR20 billion loan taken out by Romania in 2009 from the International Monetary Fund (IMF), the European Commission and the World Bank – first as a “safety net”, but which soon became a more

07.05.2011

Poultry processor Avicola Brasov (AVLE.RO) will borrow 40 million lei (EUR9.5 million) from Banca Transilvania (TLV.RO) to finance production, the company said in a statement Tuesday. more

07.04.2011

Romanian state-owned lignite company SNLO plans to take out a one-year loan worth 40 million lei (EUR9.5 million). more

06.22.2011

The shareholders of Romanian ball bearing maker Rulmenti Barlad (RBL.RO) recently approved the contracting of a EUR5 million loan from UniCredit Tiriac. more

06.15.2011

The Romanian state will guarantee 80% of the value of loans taken out by SMEs and will subsidize up to 50% the interest on the loans contracted to help firms cope with problems caused by the economic more

06.14.2011

Postal company Posta Romana Tuesday said will borrow 40 million lei (EUR23.1 million) from lender Banca Comerciala Romana, or BCR, to help finance working capital. more

06.13.2011

The record-high EUR1.5 billion raised by the Finance Ministry last week from the foreign markets brings to over EUR4.5 billion the foreign currency debt accumulated by Romania since the beginning of more

06.10.2011

The loan provisions set up by banks posted another increase in April, leaping by around EUR200 million from March, after a four-month period when they seemed to have stabilized. The April jump is more

06.02.2011

Romania's Finance Ministry will lend Bucharest subway operator Metrorex 165 million lei (EUR40 million) to pay its debts to Alstom Transportation, which has been in charge of train maintenance since more

05.31.2011

Poultry meat producer Avicola Brasov on Tuesday said it plans to take out a 40 million lei (EUR9.7 million) loan to support production. more

05.27.2011

The World Bank’s Board of Executive Directors on Thursday approved a EUR500 million loan to support a social assistance program of Romania’s government estimated at EUR5.5 billion. more

05.25.2011

Romania's Government will double the total ceiling up to which local mayors may contract refundable financing next year, but will also reduce the maximum amount they can actually draw in 2012. more

05.24.2011

Romanian Finance Minister Gheorghe Ialomitianu Tuesday insisted this would be a good moment to attract funds on international markets, saying that the recent external turmoil would not affect more

05.18.2011

Patria Credit IFN Wednesday said it has borrowed EUR8 million from the European Investment Fund to help finance 2,000 micro-companies and farmers in rural and small cities in Romania. more

05.09.2011

Romanian lender Banca Romaneasca seeks a $50 million senior loan from the International Finance Corporation, or IFC, to credit small- and medium-sized firms for energy efficiency and renewable energy more

05.09.2011

Romania is highly unlikely to access the funds made available through a EUR5 billion precautionary deal from the International Monetary Fund and the European Union in 2011, IMF mission chief Jeffrey more

05.09.2011

Romania has met the criteria requested by the European Commission for the disbursement of the final tranche of a EUR5 billion loan, worth EUR150 million, the EU mission chief Istvan Szekely said more