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TeraPlast loans €7.56M to subsidiary Polytech Industrie with a low-interest rate, due by 2029.
TeraPlast, a Romanian building materials company, has loaned EUR7.56 million to its subsidiary, Polytech Industrie, at an interest rate of 1.3% plus 3-month Euribor, which is around 2.7%.
The loan must be repaid by December 31, 2029.
This financial support underscores the strategic relationship between the two companies.
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TeraPlast presta 7,56 millones de euros a la filial Polytech Industrie con un tipo de interés bajo, adeudado para 2029.