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Syndicated credit worth 51 million euro signed by BCR for Pehart Tec Group - Vimarsana News

Syndicated credit worth 51 million euro signed by BCR for Pehart Tec Group

18/12/2020 12:34 The Romanian Commercial Bank (BCR, Banca Comerciala Romana) signed a syndicated loan worth 51 million euro for Pehart Tec Group, the financing to be used to develop the two factories of the company in Petresti and Dej, the bank announced on Friday, according to AGERPRES. "Our development plans include investing 20 million euro over three years, through a solid partnership with the banks that facilitated the credit. We are committed to being an example for the paper production industry and, as we enter new markets, to establish a new standard for ethical development fri...