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Articles - finantare

EBRD lends EUR 25 mln to aircraft parts producer

The European Bank for Reconstruction and Development (EBRD) has awarded a EUR 25 million loan to Universal Alloy Corporation Europe (UACE), which specializes in producing aluminum parts producer for the aircraft industry.

Six companies selected to grant them state aid for new investment projects

Romania’s Finance Ministry has selected six companies out of 36 applicants to grant them state aid for new investment projects that would positively impact the local economy.

Romanian PVC maker Teraplast submits request for state aid worth RON 65.6 mln

The PVC producer Teraplast aims to expand its capacities, therefore it requested a state aid worth RON 65 million to invest in its production capacities. The amount will be used to acquire machineries and for production halls building.

Mammoth Romanian energy group will get EUR 21 mln to modernize plants

Romania’s Energy Ministry has signed two financing agreements worth EUR 21 million with the energy producer Complexul Energetic Oltenia. The aim is to modernize the power plants at Rovinari and Isalnita, said energy minister Victor Grigorescu.

Antibiotice Iasi is planning to borrow RON 30 mln from Unicredit Bank

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.

Firms in Romania can get state aid for investments over EUR 1 mln

Companies will be able to receive state aid for investments over EUR 1 million in their production units, said the Economy Minister Costin Borc.

Brașov Milk Factory gets EUR 3 million loan from Bancpost

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.

Romanian Ministry of Finance considers increasing by 41 pct. the state aids budget for large investments

Ministry of Finance in Romania intends to increase the state aids budget for investments with large impact on economy, from 2.7 billion lei to 3.828 billion lei. Nine companies have received by far grants from the State, with a total value of 436.4 million lei.

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