Financial
The budget of Measure 3 to support investments should be increased by at least EUR 500 million shows REI Grup
February 18, 2021 10:27
The Measure 3 - "Investment grants for SMEs" budget, intended for companies affected by the pandemic period but wishing to continue their development projects this year or diversify their activities, should be supplemented by at least EUR 500 milli more »
Dentons advises The Black Sea Trade and Development Bank on a 50 million EUR financing for a green development in Romania
February 18, 2021 08:38
entons’ Bucharest office advised The Black Sea Trade and Development Bank (BSTDB) on its 50 million EUR financing to One United Tower for a green office building development in Romania. This represents the largest financing deal on the office mar more »
COVID-19 crisis will accelerate the CEE banking sector consolidation
January 28, 2021 11:28
The COVID-19 crisis is expected to accelerate the consolidation of the banking sector in the Central and Eastern Europe (CEE) in the following years, as smaller players might not be able to weather the profitability and capital challenges, accordin...more »
Filip & Company assisted RCS & RDS in contracting two EUR 150 million credit facilities
December 17, 2020 11:07
Filip & Company assisted RCS & RDS S.A. and the companies in its group, Digi Communications N.V., DIGI Távközlési (the RCS & RDS Hungarian branch), Invitel Távközlési Zrt and DIGI Spain Telecom S.L.U. (the RCS & RDS Spanish br...more »
The tax treatment of uncollected invoices changes - the cancellation of the debt is deducted in full, but its recovery is penalized
December 14, 2020 09:11
Opinion material by Alexandra Smedoiu, Fiscal Services Partner, Deloitte RomaniaCompanies that face problems in collecting invoices will benefit, from next year, from an improvement in the conditions in which they can deduct their losses from uncolle...more »
Filip & Company assists the Ministry of Public Finance in a EUR 2.5 billion Eurobond issue
December 04, 2020 17:00
Filip & Company, in collaboration with Linklaters, assisted the Ministry of Public Finance in a two-tranche Eurobond issue that drew over EUR 2.5 billion from the international markets. The first tranche of EUR 1.5 billion has a 20-year maturi...more »
ALRO extended with three years the revolving syndicated credit facility in total amount of USD 150 million coordinated by EximBank
November 24, 2020 08:19
ALRO S.A., one of the largest vertically integrated aluminium producers in Europe, measured by production capacity, extended until 2023, two syndicated credit facilities cumulating USD 150 million, under the coordination of EximBank. The bank...more »
ROMAERO restructuring plan approved by ANAF: The Romanian state recovered 50 million lei, the largest amount recovered as a result of the application Government Ordinance 6/2020
November 03, 2020 09:37
ROMAERO obtained the approval of ANAF for the implementation of the restructuring plan through Government Ordinance 6. Thus, in addition to the 50 million lei already recovered, the Romanian state will receive another 77 million lei during the impl...more »
Lăptăria cu Caimac lists in November a bond issue worth 3 million euros
October 13, 2020 16:09
Agroserv Măriuța SA, the company that owns the Lăptaria cu Caimac brand, will list in November of this year a bond issue worth 3 million euros. The listing will be made on the Bucharest Stock Exchange, and the listing consultant and broker assoc...more »
Application period for State Aid Financing extended until 2023
October 06, 2020 12:21
Great news coming from The Ministry of Public Finance that  has announced a three-year extension of the GD 807/2014 financing measure,  between 500,000 EUR to 37.5 million EUR of EU funds for Start-ups, SMEs and big companies, the deadlin...more »
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