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Articles - financing

Tetarom IV industrial park to lose the European financing

The construction of Tetarom IV industrial park in Cluj county loses its European financing exceeding 17 million lei.

Romanian power plant equipment manufacturer takes EUR 32 mln syndicated loan

Energomontaj, an equipment manufacturer for thermal, hydro and nuclear power plants, will sign a syndicated loan of EUR 32.6 million.

EUR 35 million loan from Erste un for new factory in Covasna

Austrian businessman Gerald Schweighofer, the most powerful player in the local woodworking industry has obtained in the end of last year EUR 35 million loan from Erste Bank, main shareholder of BCR, a loan to finance the investment in a new factory in Covasna county, to become operational this spring.

EBRD increases investments in Romania to 592 mln Euros in 2014

The European Bank for Reconstruction and Development (EBRD) announced on Wednesday that in 2014 it increased its investments in Romania by up to 592 million Euros from 508 million Euros in 2013, even if the number of funded projects went down last year to 26 from 32 projects in 2013, according to a press release from the EBRD.

EBRD lends EUR 23 million to Eti to finance Craiova plant

The European Bank for Reconstruction and Development EBRD will grant a EUR 23 million loan to Turkish company Eti to co-finance the construction of a biscuit and cookie factory in Craiova, the lender announced.

Helios Phoenix takes out EUR21.3 mln loan to finance Romanian logistics parks

Greek industrial park developer Helios Phoenix got a EUR 21.3 million loan from Alpha Bank London to refinance its Olympian parks in Timisoara and Brasov.

Switzerland invests over EUR 8.5 mln in energy project in Arad

Switzerland will provide CHF 10 million financing (EUR 8.5 million) for an energy project in Arad, with a total value of CHF 12.2 million (EUR 10.1 million). The project includes upgrades for the central heating station and public lighting network, writes Mediafax.

P3 secures refinancing for five CEE logistic parks

PointPark Properties (P3) secured a €215m senior facility from pbb Deutsche Pfandbriefbank and UniCredit Bank Austria AG to refinance a portfolio of five modern logistic parks it owns in the Czech Republic, Poland and Slovakia. Dentons’ banking and real estate teams jointly advised the lenders.

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