Brick manufacturer Ceramica Iasi is seeking a €12m bank loan to help pay off its existing debts and help financed future projects, according to a report issued by the Bucharest Stock Exchange. Shareholders are expected to review the proposal on July 4. The private equity firm Advent International holds a 84.8-percent stake in the company. The most recent transfer of Ceramica Iasi shares were selling at RON 0.41 on the Bucharest Stock Exchange, valuing the company at €10.6m.
