Prime Batteries Technology

Prime Batteries Technology - Romania Exim Direct Loan

Industry
Manufacturing & equipment/Manufacturing
Area of finance
Export & Agency Finance
Region
Europe
Countries
Romania

Deal Overview

Romania Exim Bank subsidiary Banca Romaneasca will provide a €5 million loan to lithium-ion batteries manufacturer Prime Batteries Technology.Exim Bank will issue a guarantee on behalf of the state, which would cover 75% of the loan.Prime Batteries Technology is currently the sole manufacturer...

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Romania Exim Bank subsidiary Banca Romaneasca will provide a €5 million loan to lithium-ion batteries manufacturer Prime Batteries Technology.

Exim Bank will issue a guarantee on behalf of the state, which would cover 75% of the loan.

Prime Batteries Technology is currently the sole manufacturer of lithium-ion batteries in Romania and South-Eastern Europe, serving a variety of fields such as the energy industry, traction vehicles or the automotive industry.

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Deal Volume
$ 4.81m
Financial Close
29 September 2022

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