World Bank Unit Invests $15 Million in Romanian Shipping Company

The World Bank’s International Finance Corp. will invest 12 million euros ($15 million) in Transport Trade Services, a Romanian shipping company.

The investment is to help improve shipping and logistics services, especially on the Danube River, and boost trade in the region, IFC said in an e-mailed statement today.

To contact the reporter on this story: Andra Timu in Bucharest at atimu@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.