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Tag Archives: EximBank

Softronic gets EUR 14 M financing from Raiffeisen Bank, secured by EximBank, for the production of electric locomotives

Raiffeisen Bank will grant EUR 14 million financing, secured by EximBank, to Romania-based Softronic company in Craiova. The credit is destined to cover the costs of production and delivery of six electric locomotives, which will be purchased by Green Cargo ...

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EximBank structures one of the most complex support facilities for Romanian exports

EximBank has structured one of the largest and most complex support facilities for Romanian exports by insuring and arranging a syndicate financing that along with the facilities offered by European Bank for Reconstruction and Development (EBRD) and Black Sea Trade ...

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EximBank issues banking guarantees of USD 23 M for Hidroconstructia projects in Jordan

EximBank has issued two letters of banking guarantee (LBG) amounting at USD 23 million for Hidroconstructia, one of the main private Romanian contractors, thus facilitating the implementation of a USD 115.5 million contract in Jordan, a press release informs. The ...

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Former pub owner, appointed State Secretary with the Finance Ministry

Eleodor Mandreș has been appointed State Secretary with the Ministry of Public Finances (MFP) by a decision signed on Wednesday by PM Mihai Tudose, published by the Official Gazette. Mandreș is the founder of ‘The Bankers’ pub downtown Bucharest, in ...

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EximBank lends EUR 14 M to Maschio Gaspardo Romania to support investments in agricultural equipment

EximBank and  Maschio Gaspardo Romania  signed a financial agreement  of almost EUR 14 million for current activity and for supporting the investment program of the manufacturer of agricultural equipment in order to reach its business targets, a press release informs. ...

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Canah International gets RON 1 M loan to develop its business

EximBank and Canah International, one of the main European manufacturers of natural products based on hemp seeds have concluded a financial agreement of more than RON 1 million aimed at continuing the company’s investment program for reaching its business targets. ...

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EximBank grants almost RON 16 M to Dutch Prolyte Group to expand its business in Romania

EximBank is financing with RON 15.7 million Prolyte Products, part of Prolyte Group Netherlands, specialized in manufacturing light aluminum structures for public events, for building a new production facility of the company in Piatra-Olt, Olt County. The second production facility, ...

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EximBank grants EUR 11 M to Electrogrup

EximBank and Electrogrup, one of the top players in the energy infrastructure, telecom and civil construction sector have signed financial agreement of EUR 11 million for services exports, a press release informs. The financing package includes a multi-product facility for the ...

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Banking consortium supports Romanian industry through a syndicated loan of EUR 24 M

Pehart Tec Grup, the leading tissue paper manufacturer in Romania and one of the important in South Eastern Europe, controlled by Abris Capital Partners and Ioan Tecar, has contracted a revolving multi-currency credit facility amounting at EUR 24 million from ...

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