Popovici Nitu & Asociatii advises construction company on a new €60m syndicated loan

Popovici Nitu & Asociatii has advised Hidroconstructia — the largest construction company in Romania — on a new €60m (£50m) syndicated loan granted by a consortium led by BRD Societe Generale, also including Allianz Tiriac Asigurari.

This is the first financing in Romania and among the few in Europe where the syndicate included an insurance company.