Altex Romania has contracted a loan worth 12 million euros from the European Bank for Reconstruction and Development (EBRD) for the expansion of its logistics center in Dragomiresti Vale commune, Dragomiresti Deal village, near Bucharest.
Romania and Central and Eastern Europe, closed a EUR 82 million credit facility with BRD-Groupe Société Générale and Komerční banka, a major Czech bank and member of the Société Générale international financial group. This is one of the biggest real estate finance transactions on the local market within the first half of 2019.
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.
The medical drug producer Antibiotice Iasi (ATB) has called out a meeting with the shareholders on 11 August to approve the contract of a multi-currency loan of RON 30 million (EUR 6.7 million) from Unicredit Bank, according to Mediafax.
Brașov Milk Factory, local producer of Olympus and Oly brands, takes EUR 3 million loan from Bancpost in order to finance current needs, according to a shareholders’decision.
AEW Europe, on behalf of its LOGISTIS Fund, announces that it has refinanced the French Portfolio of LOGISTIS with ING Real Estate Finance acting as Sole Underwriter and Facility Agent, for a total facility amount of €420 million.
The manufacturer of paper for corrugated board Ecopaper Zarnesti, controlled by the businessman Vladimir Cohn, will access a loan of 5 million Euros from UniCredit Bank, to complete the investment in manufacturing equipment.
Austrian group Erste Group, which owns the local lender BCR, has granted a loan of EUR 91 million to the US group Blackstone to help it finance the acquisition of 12 logistics projects in Central and Eastern Europe from Austrian real estate group Immofinanz.
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