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Today, Sameday, a subsidiary of Dante International operating on the eMAG platform, obtained a EUR 25.3 million loan from Banca Transilvania to expand its easybox locker network. The funding will be used to add an additional 2,500 lockers across Romania, Hungary, and Bulgaria to their existing network of 4,960 units.
The loan agreement was made possible through a risk-sharing agreement with the European Bank for Reconstruction and Development (EBRD), which covers 65% of the transaction credit risk. This arrangement was disclosed by Banca Transilvania on Wednesday.
The expansion is a response to the increasing demand for contact-free delivery services. Sameday’s growth has been supported by its workforce of over 5,000 employees and partners.
Banca Transilvania, the largest bank in Romania with a brand value exceeding USD 500 million and over 9,000 employees, saw its shares appreciate by 0.18% on the Bucharest Stock Exchange today, reaching 22.64 lei ($4.87/4.55 euro) as of 1315 CET.
The EBRD’s investments in Romania have primarily been in the private sector and exceed EUR 10.5 billion. This latest deal marks another significant investment in the region by the EBRD as it continues to support private sector growth and development.
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