English
Building materials distributor Arabesque could receive a 28 million EUR loan from International Finance Corporation (IFC) - World Bank to partially finance the expansion of current operations and to enter Bulgarian and Serbian markets. To secure the rest of the needed financing, Arabesque will also take a 28 million EUR syndicated loan. The overall value of the three-year project is 90 million EUR. Arabesque operates in 30 urban communities in Romania, Ukraine and Moldova and has over 3,000 employees.
Arabesque Could Receive 28 Mln EUR Loan From World Bank
F.A.
Ziarul BURSA #English Section / 13 aprilie 2007
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