International Investment Bank extends its support for Romanian agriculture
Summary
International Investment Bank has doubled its existing revolving loan facility to Heliosagri International SA (Romania) (Trans-Oil Group) to extend its business activity in Romania. In 2019, the Bank provided an initial loan of EUR 10 million to the company for its acquisition of a vegetable oil production plant located in Ţăndărei, Romania. The current financing increase to EUR 20 million will be allocated to further expand operations of the plant.
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