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January 19, 2021

RON 3.5 M EximBank financing for aquaculture investment

EximBank granted to the Iasi-based company Gip Est a financing of RON 3.5 M for an investment project worth over RON 11 M, co-financed through the European Fishing Fund, dailybusiness.ro informs. The recently completed project consisted in modernising a fishery in Chilia Veche, Tulcea County, and enjoyed a financial non-reimbursable assistance of RON 6.4 M through the Operational Programme for Fishing 2007-2013, managed by the Ministry of Agriculture and Rural Development. “We want to have in our portfolio many such projects – and other demands are being analysed, in order to support the reaching of the national target with regard to the absorption of structural funds, a resource that generates investments, jobs and economic development,” said Traian Halalai, the president of EximBank.

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