February 11 (SeeNews) - Romanian Black Sea port operator Socep [BSE:SOCP] said that it has signed a 13 million euro ($14.2 million) investment loan agreement with local lender BRD - Group Societe Generale [BSE:BRD].
Socep will use the funds to finance 70% of the total cost of the first phase of a new grain terminal project, it said in a bourse filing last week.
As at 13:30 CET on Tuesday, Socep shares traded 0.41% higher at 0.488 lei on the Bucharest Stock Exchange.
($ = 0.9177 euro)
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