UniCredit Leasing signed with the European Investment Bank a refinancing loan agreement in an amount of 50 million EURO.
The projects of Romanian companies that UniCredit Leasing will support with the granted sum will be mainly in the fields of energy, environment, infrastructure, development, industry, tourism and services.
Under EIB Loans any sectors except the following are eligible for EIB funds:
- Production of weapons and ammunition, arms, military or police equipment or infrastructures, and equipment or infrastructure limiting people's individual rights and freedom (i.e. prisons, detention centers of any form);
- Gambling and related equipment
- Tobacco manufacturing, processing, or distribution
- Activities involving live animals for experimental and scientific purposes
- Activities which give rise to environmental impacts that are not largely mitigated and/or compensated (in conformity with EU directives and national laws on environment);
- Sectors considered ethically or morally controversial, e.g. research on human cloning
- Pure real estate development activity
About UniCredit Leasing
With an expanding territorial network, which currently includes 16 branches (Bacău, Baia-Mare, Braşov, Cluj-Napoca, Constanţa, Craiova, Galaţi, Iaşi, Odorheiul Secuiesc, Oradea, Piteşti, Ploieşti, Sibiu, Suceava, Târgu-Mureş, şi Timişoara), UniCredit Leasing Corporation IFN S.A. provides its customers with financing through contracts of financial and operational leasing, with an average duration of 12 to 60 months, in the following domains: equipment leasing, car leasing, real estate leasing, "sale and lease back" leasing and public leasing.
About UniCredit Group
With total assets of more than €1,060 billion, ranking among the top financial groups in Europe, UniCredit Group has a presence in 22 countries, with over 40 million clients and more than 10,000 branches and approximately 180,000 employees at August 2008.
About the European Investment Bank /EIB/.
The European Investment Bank was created by the Treaty of Rome in 1958 as the long-term lending bank of the European Union. The task of the Bank is to contribute towards the integration, balanced development and economic and social cohesion of the EU Member States. The EIB raises substantial volumes of funds on the capital markets which it lends on favorable terms to projects furthering EU policy objectives. The EIB continuously adapts its activity to developments in EU policies.
Contact information:
Marinela.Mihalcea
Bank Cooperation Manager
Tel: (+4021) 200 79 25
e-mail: marinela.mihalcea@unicreditleasing.ro
link: www.eib.org