Craiova Energy Complex gets extra EUR 4.1 million loan to finance environmental works

 The Craiova Energy Complex has topped a bank loan contracted in 2008 with some RON 17.4 million (EUR 4.1 million), in order to pay those suppliers currently working on environmental modernization works at a company branch.

The company extended its funding last week, following negotiations with CEC Bank and Alpha Bank Romania.

According to company information, the initial value of the loan received from these two banks is of RON 121 million. Part of this credit, some RON 95.8 million is guaranteed by the state, through Eximbank.

 Craiova Energy Complex is controlled by the state through the Economy Ministry.

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