Ambient Trades Stores For Debt Cut

02.05.2014 By Cristi Moga

Do-it-yourself and construction material distribution company Ambient, controlled by Sibiu businessman Ioan Ciolan, in late 2013 carried out an extensive financial overhaul process by which its debts to Banca Comerciala Romana, Piraeus and Raiffeisen Bank were slashed from EUR40 million to EUR16 million.

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Keywords:
ambient
, debt
, piraeus bank
, raiffeisen
, bcr