12.10.2011

The Romanian central bank (BNR) will recommend lenders to relax loan restructuring conditions for clients that face problems but pay their installments at least partially, said Saturday Nicolae more

12.07.2011

A company owned by businessman Emanuel Muntmark, Ewind Constanta, took out a EUR68 million loan from Erste Bank, to fund the construction of a wind farm in southeast Romania, people close to the more

11.30.2011

Romanian oil drilling company Foraj Sonde Ernei (FOSP.RO) plans to borrow up to 64 million lei (EUR14.7 million) to finance investments, the company said in a statement Wednesday. more

11.30.2011

Romanian internet and telecom operator RCS&RDS has taken out a EUR200 million syndicated loan from Banca Comerciala Romana (BCR), CEC Bank and Switzerland’s Credit Suisse. more

11.30.2011

The European Bank for Reconstruction and Development on Wednesday announced it has issued a EUR17.1 million loan to Romanian water utility company S.C. Apa-Canal Sibiu. more

11.24.2011

Romanian construction materials maker Prefab (PREH.RO) Thursday approved taking out loans worth up to EUR20 million to finance production and investments, the company said in a statement. more

11.23.2011

Romanian oil company OMV Petrom (SNP.RO) contracted a multi-currency revolving credit facility worth EUR930 million, with three years tenor and a possibility for a two-year extension, for general more

11.21.2011

Romanian generic drugs wholesaler Ropharma Brasov (RPH.RO) will borrow up to EUR2 million from ING Bank to finance investments, the company said in a statement Monday. more

11.21.2011

Romanian lender BCR, owned by Erste Group Bank (EBS.RO), issued a EUR20 million loan for pipe maker TMK-Artrom Slatina (ART.RO). more

11.17.2011

Romania’s Agriculture Ministry will borrow EUR311 million from the state treasury to pay off subsidies, Prime Minister Emil Boc said late Wednesday. more

11.16.2011

Most Romanians choose a loan offer according to the effective annual percentage rate (APR, called DAE in Romania), but one third do not know what this rate means and more than half have the wrong idea more

11.10.2011

Shareholders of poultry meat producer Avicola Buzau (AVZU.RO) allowed the company to take out a 15.6 million lei (EUR3.6 million) loan from Eximbank, to use as working capital and to refinance two more

11.10.2011

Romanian state-owned thermal power producer Rovinari will take out a RON148 million loan (EUR34 million) for desulphurization works, company general manager Tiberiu Trotea told MEDIAFAX. more

11.01.2011

Telecom operator RCS&RDS, controlled by businessman Zoltan Teszari, is in talks with a group of banks over a EUR300 million loan. The five-year loan will be used to settle maturing debt. more

10.26.2011

Carrefour Romania has borrowed EUR30 million from the Danish subsidiary of the French group, and it plans to launch to hypermarkets in Romania, according to an announcement published Wednesday. more

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