Tag: bank (1 articles)

Finance   |   2 January, 2023 at 1:16 PM

Pehart extends syndicated loan to €78 million

Pehart Group, one of the largest tissue paper producers in Southeast Europe and the largest producer and processor of household paper products in Romania, is extending the syndicated loan obtained two years ago to €78 million.

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Business

Greenvolt Next to install solar plant for Agro Cluj

Greenvolt Next entered the local market in the last quarter of 2023, supporting Romanian companies with innovative solutions for generating and consuming electricity through customized photovoltaic systems (rooftop, ground-mounted, carports), energy efficiency interventions, solar storage, and electric mobility.

Real estate

EU and EIB Group to boost affordable housing

The European Commission and the European Investment Bank (EIB) Group are collaborating with national promotional banks (NPBs) and international financial institutions (IFIs) to create new financing opportunities for affordable and sustainable housing across Europe.

Finance

EU approves €436 million aid for hydrogen in Austria and Lithuania

The European Commission has approved, under EU State aid rules, a €400 million Austrian State aid scheme, and a €36 million Lithuanian State aid scheme, to support the production of renewable hydrogen through the European Hydrogen Bank's “Auctions-as-a-Service” tool for the auction closing in 2025.