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Bucharest
March 7, 2021
BUSINESS

EximBank grants EUR 5.5 M to Comfert Bacau

EximBank has recently concluded a financing agreement amounting at RON 25 M (almost EUR 5.5 M) with Comfert Bacau, one of the main players on the fertilizers distribution, agricultural certified seed and pesticide market, a press release informs.”We wish to become more involved in supporting Romanian companies active in the strategic  economy domains and agriculture is one of these. The development of this sector could lead to profits, new working places and economic growth. The financing granted to Comfert will allow the company to deliver the necessary resources to small farmers or big agricultural associations as well, in order to foster further development of the successful businesses in Romanian agriculture” declared Traian Halalai, President of EximBank. Comfert business have registered an accelerate growth for more than three years, the company being involved in fertilizers distribution as well as agricultural production – exploiting more than 7000 hectares of land and occupying a significant position on the agricultural throughput trade market.   The cooperation between EximBank and Comfert regarding financing products started last year when the company was granted a credit line of the same amount as this year.

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