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Articles - finantare

Forte Partners secures EUR 50 mln loan from UniCredit Bank for The Bridge office project

Real estate developer Forte Partners will develop the first stage of its The Bridge office project with a EUR 50 million loan granted by UniCredit Bank.

A start-up in Romania needs 12,500 dollars, more than in Poland, Bulgaria or Hungary

In Romania, an entrepreneur needs an average of nearly 12,500 dollars in order to start a business, more than in Poland, Sweden, Bulgaria, Croatia or Hungary, but less than in Germany, Italy or Norway, shows the Global Entrepreneurship Monitor (GEM), which considered 60 countries for the report.

GEM report: 98 pct of the Romanian entrepreneurs use own equity to start a business

The global financial crisis made entrepreneurs more dependent on their own equity, while new financing sources, such as crowdsourcing, become more popular, according to a report of Global Entrepreneurship Monitor (GEM) regarding the financing of new businesses.

Adval Asset Management gets EUR 6 mln refinancing for Cascade Offices

JLL has secured a financing of EUR 6 million for Adval Asset Management Management to refinance Cascade Offices from Bucharest. The offices have a leasable surface of 4,200 sqm. The building was delivered in 2005 and is placed in the center of Bucharest.

Firms in Romania can get state aid for investments over EUR 1 mln

Companies will be able to receive state aid for investments over EUR 1 million in their production units, said the Economy Minister Costin Borc.

Owner of Green Gate office building pays back EUR 10 million of its construction loan

S Group has increased the capital of the Romanian company Green Gate Development, the developer of an office Building in Bucharest, with EUR 9.85 million. The amount is used to pay back part of EUR 14.6 million loan took in 2007.

Globalworth raises EUR 180 mln from bond sale to Canada Pension Plan Investment Board and Cairn Capital

Globalworth Real Estate Investments, one of the main property developers in Romania, has signed a three-year EUR 180 million secured bond transaction fully subscribed by Canada Pension Plan Investment Board (CPPIB) and Cairn Capital.

NEPI borrowed EUR 20 million from BRD for City Business Centre in Timișoara

Investment fund NEPI obtained in January EUR 20 million loan from BRD - Group Societe Generale for the financing of the office complex City Business Centre in Timișoara, took over entirely last year from the businessman Ovidiu Șandor, a company report shows.

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