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Articles - financing

CTP Expands CTPark Bucharest West With Two New Warehouses And Could Get EUR 29 Million Financing From EBRD

Industrial properties developer CTP could receive from EBRD (European Bank for Reconstruction and Development) a loan of up to EUR 29.2 million to finance the new industrial buildings in construction within CTPark Bucharest West.

Romanian tissue paper producer gets EUR 24 million syndicated loan

Romanian company Pehart Tec, the producer of the Pufina toilet paper, has received a syndicated loan of EUR 24 million from local lenders BCR, Banca Transilvania, and Eximbank.

Pipe producer TMK Artrom Slatina borrows EUR 25 mln from BCR

Steel pipe producer TMK Artrom Slatina, controlled by Russian group TMK, received a seven-year loan worth EUR 25 million from Romania’s largest lender BCR to increase its production capacity.

Swiss company Alu Menziken gets state aid for Romanian investment

Swiss company Alu Menziken is set to receive state aid worth RON 88 million (around EUR 20 million) for its planned investment in an aluminum components plant located in the village of Mediesu Aurit, Satu Mare county, in northern Romania, local Ziarul Financiar reports.

Government approves additional investments of at least EUR 130 million at Ford Craiova until 2019

The government approved the extension of manufacture of automobiles and engines assumed by Ford Romania to December 31 2025. Until the end of 2019, Ford will make at Craiova an investment of at least 130 million euros.

P3 Logistic Parks announces EUR 1.4 billion refinancing deal

Developers and European logistic property managers P3 Logistic Parks announced the closing of the long-term refinancing process valued at EUR 1.4 billion agreed with a group of international institutions.

De’Longhi plans new EUR 53 million investment in Jucu, Cluj

The investment project of Italian company De’Longhi, with a total value of EUR 53 million, is among the 30 projects rejected by the Government for state aids.

Romanian aluminum producer invests EUR 26 mln in research

Alro Slatina, one of the largest aluminum producers in Europe, will get a non-reimbursable funding of some EUR 8 million to finance a big research project.

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