The EBRD endorsed a EUR 30mn financing to Romanian Banca Transilvania aimed at supporting small and medium-sized companies, the Bank announced on its website. One third of the sum comes under EU-backed Romania SME Sustainable Energy Financing Facility (RoSEFF) and the money will go to energy efficiency and renewable energy projects. EBRD is a shareholder [14.6%] and important financier of Banca Transilvania. Banca Transilvania is a medium-sized Romanian lender with Bank of Cyprus, beside EBRD, as significant shareholder. |
Romania's government has earmarked RON 163mn (EUR 37mn) worth of subsidies for 2013 under a programme aimed at closing down the loss-making mines of local company CNH located in the southwestern ... more
Romanian state-controlled hydropower company Hidroelectrica sold on Thursday, March 21, in several separate contracts a total of 0.3TWh of baseload electricity deliverable between April 1 and the ... more
The Romanian government will publish the privatisation call for freight railway company CFR Marfa immediately after the consultants complete their work, probably on April 6-8, Romanian transport ... more