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Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at [email protected] 

 

OTP Bank finances expansion of Sibiu-based logistics operator

OTP Bank Romania extended a RON 8.9 million (EUR 1.8 mln) loan to Rara Invest, a company that operates logistics facilities in the industrial park Sura Mica in Sibiu county.

The loan was extended under the Government-backed lending program IMM Invest.

The new logistics center, partly financed by OTP Bank, is under construction and will add to the existing one. It will consist of four storage units, with a combined area of ​​15,000 sqm, a capacity of 20,000 pallets, and 23 ramps for loading and unloading trucks.

It will offer its customers loading, unloading, labeling, and truck transportation services anywhere in the world through its own fleet or that of its partners.

The company, active in the field of storage and distribution, currently operates three warehouses located in the Sura Mica parks and the West industrial area in Sibiu, with a total storage area of ​​8,850 sqm and a capacity of 10,000 pallets. Rara Logistic also has its own fleet of 5 trucks.

(Photo: Shutterstock)

[email protected]

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Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at [email protected] 

 

OTP Bank finances expansion of Sibiu-based logistics operator

OTP Bank Romania extended a RON 8.9 million (EUR 1.8 mln) loan to Rara Invest, a company that operates logistics facilities in the industrial park Sura Mica in Sibiu county.

The loan was extended under the Government-backed lending program IMM Invest.

The new logistics center, partly financed by OTP Bank, is under construction and will add to the existing one. It will consist of four storage units, with a combined area of ​​15,000 sqm, a capacity of 20,000 pallets, and 23 ramps for loading and unloading trucks.

It will offer its customers loading, unloading, labeling, and truck transportation services anywhere in the world through its own fleet or that of its partners.

The company, active in the field of storage and distribution, currently operates three warehouses located in the Sura Mica parks and the West industrial area in Sibiu, with a total storage area of ​​8,850 sqm and a capacity of 10,000 pallets. Rara Logistic also has its own fleet of 5 trucks.

(Photo: Shutterstock)

[email protected]

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