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Home News Cimpor secures funding

Cimpor secures funding

by Staff Writer
March 27, 2012
in News
Reading Time: 1 min read
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Portugal-based cement producer Cimpor has said that it has secured €100million of private investment from an unnamed international company. According to Cimpor, the company offered better terms than local banks or the Portuguese government. Cimpor has said that the loan will be repaid over the next four years and means that the company will not need to seek extra funding in the next two years.

Portugal-based cement producer Cimpor has said that it has secured €100million of private investment from an unnamed international company. According to Cimpor, the company offered better terms than local banks or the Portuguese government.

Cimpor has said that the loan will be repaid over the next four years and means that the company will not need to seek extra funding in the next two years.

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