News

Trans-Oil Achieves Credit Rating Upgrade from Fitch Ratings to B+

19.02.2024

Fitch Ratings has upgraded Trans-Oil’s Long-Term Foreign Currency (“FC”) Issuer Default Rating (“IDR”) and Long-Term Local Currency (“LC”) IDR to 'B+' from 'B', with a stable outlook

BSTDB loan to TransOil Group to Bolster Export Development from Moldova

16.01.2024

The Black Sea Trade and Development Bank (BSTDB) is providing a new EUR 10 million short-term facility to TransOil Group, Moldova. The BSTDB financing will support the working capital needs of the Group and help the company expand its exports of sunflower products and other agricultural commodities primarily to other member countries of the Bank, including Romania and Türkiye.