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Romania
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Fortenova sells agri unit to Podravka for 333 mln euro
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Romania's Transelectrica seeks to borrow 35 mln lei (7.7 mln euro) - TED

Oct 12, 2012, 2:57:54 PMArticle by Doinita Dolapchieva
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October 12 (SeeNews) - Romanian power grid operator Transelectrica has invited bids for a 12-month revolving credit line worth 35 million lei ($9.9 million/7.7 million euro), a notice in the EU's procurement journal indicated on Friday.

Romania's Transelectrica seeks to borrow 35 mln lei (7.7 mln euro) - TED

The expenses related to interest and commissions are estimated at 2.6 million lei, value added tax excluded, the contract notice published in the Tenders Electronic Daily (TED) indicated.

Transelectrica will use the funds to meet its working capital needs.

The deadline for placing bids is November 28.

(1 euro = 4.5658 Romanian lei)

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