Concefa - Sibiu To Borrow 1 Mln EUR From BCR

F.A.
Ziarul BURSA #English Section / 22 martie 2007

Concefa SA - Sibiu intends to borrow 1 million EUR from the Romanian Commercial Bank and sell commercial space, office space, several apartments and the building in Sibiu. Shareholders will also convene to extend a credit line from the Romanian Development Bank (BRD) to 2.5 million EUR and discuss a 3 million EUR leasing collateral. Concefa concluded last year with 41.9 million RON (11.5 million EUR) and a net profit of 706,000 RON (nearly 200,000 EUR).

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