Cargus, a leading player on Romania’s courier services market, has relocated its warehouse of Drobeta-Turnu Severin to a facility with a 560-sqm area, double that of the previous location, which allows for the processing of up to 4,000 parcels per day, up 60% from the old capacity.
Rodbun group, a leading agribusiness company in Romania, has signed a syndicated loan facility with state guarantee worth EUR17.3 million, which will be used to cover working capital needs and development plans.
Law firm Clifford Chance Badea has assisted Alpha Bank and Alpha International Holdings in finalizing sale of Alpha Leasing Romania IFN and Alpha Insurance Brokers to Vista Bank Romania.