Rafo’s plan to restart production

Rafo Onesti, administrator of the Onesti refinery, one of the largest on the market, plans to invest some €350 million in modernization and entering new product portfolios. The company requested governmental guarantees for taking out a loan worth over €300 mln. “By 15 April, Rafo’s management and the investor will have to file, together with the banking partner, a project with the Ministry of Finance regarding the loan it wants to obtain based on a governmental guarantee,” ...

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