The loan was obtained by the company SPB Industrienholding Gmbh and guaranteed by Holzindustrie Schweighofer, the largest company of the Austrian group on the local market, as well as by Bio Electrica Transilvania, a company used for the investment in Covasna. (source: zf.ro)
EUR 35 million loan from Erste un for new factory in Covasna
Austrian businessman Gerald Schweighofer, the most powerful player in the local woodworking industry has obtained in the end of last year EUR 35 million loan from Erste Bank, main shareholder of BCR, a loan to finance the investment in a new factory in Covasna county, to become operational this spring.
