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Articles - financing

WDP bought a warehouse in Clinceni and took EUR 25 million loan for Romania

Warehouse & Distribution De Pauw (WDP), controlled by one of the richest families in Belgium, bought a warehouse and office facility of 10,000 sq. m situated in Clinceni in western Bucharest, for EUR 5 million. The space will be leased to Quehenberger Logistics.

Turkish ETI invested EUR 22 million in Craiova factory and still has 40 pct. of the project to be completed

Turkish group ETI, which has an ongoing investment of nearly EUR 40 million in Craiova, has completed by the end of last year 57 pct. of the project and invested EUR 22 million, according to data from the Ministry of Finance.

Arctic to build factory in Romania if it gets state aid

Arctic Gaesti, the largest producer of home appliances in Romania, will build a washing machine factory in Gaesti, Dambovita county, with EUR 100 million, but only if it receives a EUR 37.5 million state aid, according to a company’s document.

US group Timken to invest EUR 54 million in its factory near Ploiesti, Romania

US group Timken will invest EUR 54 million in its new auto parts factory in Ariceștii Rahtivani near Ploiesti, a project receiving EUR 15 million state aid.

Romania grants EUR 83 mln state aid to eight producers

Eight companies in the manufacturing industry have ongoing investments of about EUR 170 million in setting up new plants or expanding their operations in Romania.

Romanian cable producer plans to attract EUR 27 mln on the bourse

Local electric cable producer Romcab Targu Mures wants to attract up to EUR 27 million from the Bucharest Stock Exchange (BVB), through a capital increase in which new investors could also participate.

Largest logistics park owner in Romania borrows EUR 56 mln from BCR

Dutch-Czech developer CTP, the largest owner of logistics facilities in Romania, has borrowed over EUR 56 million from local lender BCR to refinance its latest acquisitions.

EBRD gives Belgian company EUR 8 mln to build factory in Romania

The European Bank for Reconstruction and Development (EBRD) will grant a EUR 8 million loan to the Belgian company Sonaca, which plans to build a new factory in Cluj, north-western Romania.

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