Source: Bloomberg EFG Eurobank Ergasias SA (EUROB) plans to inject about €20m capital in its Romanian unit Bancpost SA by the end of 2011, Mihai Bogza, the unit’s Chairman declared. The shareholders of Bancpost are scheduled to vote on Nov 7 to raise the bank’s solvency ratio from the current levels of 13.6%, under [...]
Source: Balkans.com Zeta Petroleum intends to raise funds up to 15 million Australian dollars for the drilling of two wells on the gas field in Bobocu, Romania, as well as the starting up of new opportunities for business.
Source: Balkans.com The European Bank for Investment is lending €125m to finance the energy efficiency refurbishments of 365 multi-storey residential buildings in the Sector 1 Municipality of the Romanian capital, Bucharest.
Source: Bloombiz.ro ProCredit Bank announced on Wednesday that with the support of the European Investment Bank (EIB) it offers financing of €20m for investment projects or permanent working capital for SMEs. BEI will contribute between 50% and 100% and ProCredit Bank will provide the rest.
Source: NewsIn According to a communication released by CFR, the company will organize in October an open tender for awarding the works for the rehabilitation of 12 bridges and footbridges in Brasov, Constanta and Timisoara.
Source: NewsIn GoodBee Credit IFN announced on Tuesday that it provided financing of Ron18.88m (€4.5m) in the first half year, 63% more than the same period in 2010, and the number of contracts more than doubled.
Source: Agerpres According to a press communiqué released by the Committee for the Administration, the National Bank of Romania will maintain the rate of interest at 6.25%/year.
Source: NewsIn Marius Radu, the coordinator for the European Funds, declared that UniCredit Tiriac Banck approved co-financing of Ron700m in the first semester of 2011, about 6 times more than at the same time in 2010.
