{"id":11731,"date":"2023-11-09T16:27:30","date_gmt":"2023-11-09T16:27:30","guid":{"rendered":"https:\/\/infundpros.com\/markets\/stocks\/sameday-secures-e25-3-million-loan-for-regional-expansion-of-easybox-locker-network\/"},"modified":"2023-11-09T16:27:30","modified_gmt":"2023-11-09T16:27:30","slug":"sameday-secures-e25-3-million-loan-for-regional-expansion-of-easybox-locker-network","status":"publish","type":"post","link":"https:\/\/infundpros.com\/?p=11731","title":{"rendered":"Sameday secures \u20ac25.3 million loan for regional expansion of easybox locker network"},"content":{"rendered":"
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\u00a9 Reuters. <\/span>
\n<\/i>\n<\/div>\n

Romanian parcel delivery operator, Sameday, has obtained a \u20ac25.3 million loan from Banca Transilvania, backed by the European Bank for Reconstruction and Development (EBRD). The funding is earmarked for Sameday’s medium-term investment plans, which include expanding its easybox locker network across Romania, Hungary, and Bulgaria.<\/p>\n

The EBRD is underwriting 65% of the credit risk on the loan. The investment aims to facilitate more sustainable and cost-effective e-commerce deliveries in these countries. The easybox system, appreciated for its flexibility and proximity, is predominantly used by urban online shoppers and provides a 24-hour delivery service.<\/p>\n

Sameday, which has been operating for 16 years and employs over 5,000 people, currently offers full-spectrum delivery services through 4,960 easybox lockers. The fresh funding will support the addition of over 2,500 new lockers to this network.<\/p>\n

Banca Transilvania, Romania\u2019s largest bank with a brand value exceeding US$500 million and 500 branches in 180 locations, is endorsing this project. The bank holds a 20% market share and ranks in Brand Finance Banking 500’s top 300.<\/p>\n

Sameday is a subsidiary of Dante International S.A., which operates the eMAG e-commerce platform in Romania, Hungary, and Bulgaria. The firm’s expansion plan aligns with its objective to lead regional growth in the Romanian courier sector.<\/p>\n

The EBRD has a strong history of supporting private sector growth in Romania. To date, the bank has invested over \u20ac10.5 billion in the country’s private sector across 517 projects. This investment in Sameday further underscores EBRD’s commitment to creating a positive impact on people through its investments.<\/p>\n

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.<\/em><\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u00a9 Reuters. Romanian parcel delivery operator, Sameday, has obtained a \u20ac25.3 million loan from Banca Transilvania, backed by the European Bank for…<\/p>\n","protected":false},"author":1,"featured_media":1435,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[],"class_list":{"0":"post-11731","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-stocks"},"yoast_head":"\nSameday secures \u20ac25.3 million loan for regional expansion of easybox locker network | inFundPros<\/title>\n<meta name=\"description\" content=\"\u00a9 Reuters. 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