Albota Law Firm has assisted Nor Real Estate, a real estate developer part of Atenor Group, with signing a loan contract worth EUR21 million and the related guarantee package with OTP Bank Romania, in order to support the development and lease of Phase I of @Expo project, an office building located in Bucharest's Expozitiei area.
Electricity supplier and distributor Electrica (EL.RO) announced in a stock market report on August 2 that its subsidiary Distributie Energie Electrica Romania (DEER) attracted an additional EUR200 million in non-reimbursable financing through the Modernization Fund.