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Home | Projects | TeamNet International S.A

TeamNet International S.A

Romania | Information Technology
Identification Code:
OP/13/0041
Total Operation Cost:
34.628.000 EUR
Maturity:
84 months
Operation Status:
BSTDB Approved Amount – Approval Date
12.500.000 EUR – 06 May 2014
125.000 EUR – 06 Oct 2015
500.000 EUR – 21 Apr 2016
BSTDB Signed Amount – Signed Date
12.500.000 EUR – 16 May 2014
124.949 EUR – 07 Oct 2015
474.054 EUR – 27 Apr 2016
Status:
Cancelled
Description and Purpose of the Operation:
Provision of a long term debt facility of EUR 7.5m and equity of EUR 5m to TeamNet International S.A (the "Company"), a company organised and existing under the laws of Romania, to finance the Company's capital investments and working capital needs required for the expansion of existing operation centers in Romania and Moldova, the rollout of new operation centers in Turkey and possibly other countries in Eastern Europe, and upgrading the Company's software platform and products (the "Project").
Countries of Operation:
Romania (100,00%)
Financial Product:
Loans,Equity Investments
Sector:
Information Technology
Domain:
Private
Borrower/Client:
TeamNet International S.A, a company incorporated under the laws of Romania.
Co-Financers/Participants:
—
Guarantors/Sponsors:
—
Developmental and Regional Cooperation Impact:
The Operation will facilitate cooperation between the Bank's member states by supporting growth and expansion of a Romanian company to other BSTDB member states. The Project will generate taxes and employment opportunities in Romania and other BSTDB member states.
Environmental Classification and Impact:
The Operation involves software development which generally is not likely to generate Environmental, Health and Safety (EHS) risks and negative impacts. Therefore, the Operation is screened as category C and as such it does not require an Environmental Assessment.
Operation Leader:
Energy & Infrastructure
E-mail:
ei@bstdb.org
As of 28 Feb 2026

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