Romania's Finance Ministry raised EUR2.28 billion from banks on Wednesday (Nov 27), selling government paper in two auctions, at annual average yields of 6.49% and 7.19%, respectively.
The shareholders of electricity supplier and distributor Electrica (stock symbol: EL) approved the provision of a guarantee for a term loan of up to EUR200 million that Electrica's subsidiary, Distributie Energie Electrica Romania S.A. (DEER), plans to contract from the European Investment Bank (EIB), the company has announced in a press statement.
The company Unirii View S.R.L., part of Weerts Group and the developer of Bucharest-based office building Unirii View Tower, has accessed a credit facility of EUR29.5 million granted by lender Banca Comerciala Romana (BCR).
Eurial Invest, the local dealer of Peugeot, Citroën, DS Automobiles and Opel, has concluded a partnership with Cris-Tim Group through which the latter will see its own fleet expanding by more than 500 cars, both vehicles and utility vehicles.