TMK-ARTROM Slatina €25 million financing

Overview:

• TMK-ARTROM Slatina has taken out €25 million in new financing.
• The funds will be used to increase the capacity of a thermal treatment line to 160,000 tonnes per annum.
• Banca Comercială Română (BCR) was the lender.
• TMK-ARTROM Slatina is a manufacturer of stainless steel pipe and is owned by Russian company TMK.

Sam Duke - Editor