One of the loans, with a value of EUR 5.27 million, will be used for the refinancing of a credit given by Carpatica Bank, and the second loan of EUR 4.93 million, will be used for the completion of the real estate project Cluj Business Center, according to an announcement published by Felinvest on the website of Bucharest Stock Exchange. The contracts are signed for a period of 180 months.

Felinvest, a company with real estate activities is controlled by Octavian Buzoianu, with 86.5 pct of the shares.

The last transaction with the company’s shares ended on 19th of May with a price of 0.2 lei per share. The stock capitalization of the company is 6.8 million lei. (Source: zf.ro)