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

01.25.2013

Romania’s state owned postal company Posta Romana will take a 100 million lei loan from four banks, namely Banca Comerciala Romana, Banca Transilvania, CEC Bank and Millennium Bank Romania to fund more

01.25.2013

Romanian authorities asked the International Monetary Fund for an extension of the country’s EUR3.6 billion loan arrangement that will expire in April, to get more time to fulfill its commitments. more

01.25.2013

Romanian energy producer Vest Energo Bucharest (VESE.RO) wants to borrow EUR16.5 million from state-owned lender CEC Bank or other credit institutions for investments and to refinance an old loan, more

01.17.2013

The World Bank last week has made EUR1 billion in credit available to Romania as per an agreement signed in the summer of 2012, said Francois Rantrua, World Bank country manager for Romania and more

01.07.2013

UniCredit Tiriac Bank granted a EUR16.5 million loan to Romanian liquid petroleum gas (LPG) distributor Crimbo Gas International. more

12.29.2012

Early 2012 expectations of a drop in loan rates prompted by the good news coming from the economy and the relaxation of the central bank’s monetary policy did not materialize, and loans are as more

12.28.2012

Romania's town hall of Voluntari, Ilfov county, aims to take a 70 million lei (EUR15.83 million) loan on a ten-year period, for projects co-financed via the Regional Operational Program (ROP). more

12.26.2012

Romania’s state owned postal company Posta Romana is seeking loans of 100 million lei to fund its working capital, for a total cost of RON8.8 million. more

12.19.2012

The Ponta II Government will be faced with the repayment of the bulk of the record EUR19 billion loan that Romania took out from foreign lenders. The loan was approved in 2009 during the Democrat more

12.14.2012

Romanian cable maker Romcab (MCAB. RO) plans to contract a short-term credit line of EUR1.85 million from Piraeus Bank. more

12.12.2012

The 6 percent gap between the interest rate on loans in the Romanian currency and that on loans in euros is too high for large companies, which means that even companies who do business exclusively in more

12.03.2012

The European Investment Bank could extend a EUR157 million loan to the Bucharest authorities for the thermal rehabilitation of multi-storey residential buildings located in the city’s first more

11.28.2012

The European Bank for Reconstruction and Development (EBRD) is extending a EUR175 million loan to Romania’s state-owned railway operator CFR to back reforms and improve rail infrastructure. more