{"id":4508,"date":"2021-02-23T12:25:50","date_gmt":"2021-02-23T10:25:50","guid":{"rendered":"https:\/\/www.vmbpartners.ro\/?page_id=4508"},"modified":"2025-11-18T18:25:57","modified_gmt":"2025-11-18T16:25:57","slug":"home","status":"publish","type":"page","link":"https:\/\/www.vmbpartners.ro\/en\/","title":{"rendered":"Home"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"4508\" class=\"elementor elementor-4508 elementor-11\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-df4fe3c elementor-section-height-min-height elementor-section-boxed elementor-section-height-default elementor-section-items-middle\" data-id=\"df4fe3c\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ff9f65a\" data-id=\"ff9f65a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d771184 elementor-widget elementor-widget-text-editor\" data-id=\"d771184\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>VMB PARTNERS &#8211; SOLUTIONS FOR THE DEVELOPMENT OF ROMANIA<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-999b405 elementor-widget elementor-widget-heading\" data-id=\"999b405\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><a href=\"https:\/\/www.vmbpartners.ro\/perspective\/conflictul-de-interese-in-contractarea-imprumuturilor\/\">How do you get funding for ATU projects?<\/a><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1edfb8e elementor-widget elementor-widget-text-editor\" data-id=\"1edfb8e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>VMB Partners provides independent, borrower-oriented financial advice.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0e8aeba elementor-tablet-align-center elementor-widget__width-initial elementor-widget-mobile__width-initial elementor-widget elementor-widget-button\" data-id=\"0e8aeba\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Bond issuance consultancy<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-97f8e53 elementor-tablet-align-center elementor-widget__width-initial elementor-widget-mobile__width-initial elementor-widget elementor-widget-button\" data-id=\"97f8e53\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/www.vmbpartners.ro\/en\/public-private-partnership\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Public-private partnership consultancy<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-81f2b6c elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"81f2b6c\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f58ca9e elementor-widget elementor-widget-image\" data-id=\"f58ca9e\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/en\/solutions-for-romanias-development\/\" target=\"_blank\">\n\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"500\" height=\"281\" src=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2023\/05\/solutii-pentru-dezvoltarea-Romaniei.jpg\" class=\"attachment-full size-full wp-image-4542\" alt=\"\" srcset=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2023\/05\/solutii-pentru-dezvoltarea-Romaniei.jpg 500w, https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2023\/05\/solutii-pentru-dezvoltarea-Romaniei-300x169.jpg 300w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ffca704 elementor-mobile-align-center elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"ffca704\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/en\/solutions-for-romanias-development\/\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-arrow-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Watch the full interview<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-538045c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"538045c\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d7e6f6e\" data-id=\"d7e6f6e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ac54996 elementor-widget elementor-widget-heading\" data-id=\"ac54996\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Our customers<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9102cae elementor-widget elementor-widget-shortcode\" data-id=\"9102cae\" data-element_type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-shortcode\"><style id=\"sp_pcp_dynamic_style1114\">#pcp_wrapper-1114 .sp-pcp-row{ margin-right: -10px;margin-left: -10px;}#pcp_wrapper-1114 .sp-pcp-row [class*='sp-pcp-col-']{padding-right: 10px;padding-left: 10px;padding-bottom: 20px;}.pcp-wrapper-1114 .sp-pcp-title a {color: #111;display: inherit;} .pcp-wrapper-1114 .sp-pcp-title a:hover {color: #006ac1;}.pcp-wrapper-1114 .sp-pcp-post-content{color: #989898; }#pcp_wrapper-1114 .dots .swiper-pagination-bullet{ background: #cccccc; } #pcp_wrapper-1114 .dots .swiper-pagination-bullet-active { background: #003d7b; }#pcp_wrapper-1114 .pcp-button-prev,#pcp_wrapper-1114 .pcp-button-next{ background-image: none; background-size: auto; background-color: #fff; height: 33px; width: 33px; margin-top: 8px; border: 1px solid #aaa; text-align: center; line-height: 30px; -webkit-transition: 0.3s; }#pcp_wrapper-1114 .pcp-button-prev:hover, #pcp_wrapper-1114 .pcp-button-next:hover{ background-color: #003d7b; border-color: #003d7b; } #pcp_wrapper-1114 .pcp-button-prev .fa, #pcp_wrapper-1114 .pcp-button-next .fa { color: #aaa; } #pcp_wrapper-1114 .pcp-button-prev:hover .fa, #pcp_wrapper-1114 .pcp-button-next:hover .fa { color: #fff; } #pcp_wrapper-1114.pcp-carousel-wrapper .sp-pcp-post{ margin-top: 0; }#pcp_wrapper-1114 .sp-pcp-post {padding: 0 0 0 0;}#pcp_wrapper-1114 .sp-pcp-post {border: 0px solid #e2e2e2;}#pcp_wrapper-1114 .sp-pcp-post {border-radius: 0px;}#pcp_wrapper-1114 .sp-pcp-post{background-color: transparent;}.pcp-wrapper-1114 .sp-pcp-post-meta li,.pcp-wrapper-1114 .sp-pcp-post-meta ul,.pcp-wrapper-1114 .sp-pcp-post-meta li a{color: #888;}.pcp-wrapper-1114 .sp-pcp-post-meta li a:hover{color: #e1624b;}#pcp_wrapper-1114 .pcp-readmore-link{ background: transparent; color: #111; border-color: #888; } #pcp_wrapper-1114 .pcp-readmore-link:hover { background: #e1624b; color: #fff; border-color: #e1624b; }#pcp_wrapper-1114 .pcp-post-pagination .page-numbers.current, #pcp_wrapper-1114 .pcp-post-pagination a.active , #pcp_wrapper-1114 .pcp-post-pagination a:hover{ color: #ffffff; background: #e1624b; border-color: #e1624b; }#pcp_wrapper-1114 .pcp-post-pagination .page-numbers, .pcp-post-pagination a{ background: #ffffff; color:#5e5e5e; border-color: #bbbbbb; }<\/style><!-- Markup Starts -->\n<div id=\"pcp_wrapper-1114\" class=\"sp-pcp-section sp-pcp-container pcp-wrapper-1114 pcp-carousel-wrapper standard\" data-sid=\"1114\">\n\t<div id=\"sp-pcp-id-1114\" class=\"swiper-container sp-pcp-carousel top_right\" dir=\"ltr\" data-carousel='{ \"speed\":600, \"items\":6, \"spaceBetween\":20, \"navigation\":true, \"pagination\": true, \"autoplay\": true, \"autoplay_speed\": 2000, \"loop\": true, \"autoHeight\": false, \"lazy\":  true, \"simulateTouch\": true, \"freeMode\": false, \"slider_mouse_wheel\": false,\"allowTouchMove\": true, \"slidesPerView\": {\"lg_desktop\": 6, \"desktop\": 6, \"tablet\": 3, \"mobile_landscape\": 2, \"mobile\": 1}, \"navigation_mobile\": true, \"pagination_mobile\": true, \"stop_onHover\": true, \"enabled\": true, \"prevSlideMessage\": \"Previous slide\", \"nextSlideMessage\": \"Next slide\", \"firstSlideMessage\": \"This is the first slide\", \"lastSlideMessage\": \"This is the last slide\", \"keyboard\": \"true\", \"paginationBulletMessage\": \"Go to slide {{index}}\" }'>\n\t\t\t<div class=\"swiper-wrapper\">\n\t\t\t\t\t\t<div class=\" swiper-slide swiper-lazy\">\n\t\t\t<div class=\"sp-pcp-post pcp-item-4612\" data-id=\"4612\">\n\t\t\t\t\t\t\t\t<div class=\"pcp-post-thumb-wrapper\">\n\t\t\t\t\t<div class=\"sp-pcp-post-thumb-area\">\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"sp-pcp-thumb\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/timis-county-bond-issue-i\/\" target=\"_self\" >\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2008\/07\/Timis_County-1-e1543054314694.png\" width=\"80\" height=\"89\" alt=\"Timis County\">\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<h2 class=\"sp-pcp-title\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/timis-county-bond-issue-i\/\"  target=\"_self\">Timi\u0219 County Bond Issue I<\/a>\t\t\t\t\t\t\t<\/h2>\n\t\t\t\t\t\t<div class=\"sp-pcp-post-content\">\n\t\t\t<p><b>Contracting Date:<\/b> 2008<br \/>\n<b>Value:<\/b> Lei 100,000,000<\/p>\n\t\t<div class=\"sp-pcp-readmore\">\n\t\t\t\t\t\t\t<a class=\"pcp-readmore-link\" target=\"_self\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/timis-county-bond-issue-i\/\" >\n\t\t\t\t\t\tDetalii <\/a>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\" swiper-slide swiper-lazy\">\n\t\t\t<div class=\"sp-pcp-post pcp-item-4668\" data-id=\"4668\">\n\t\t\t\t\t\t\t\t<div class=\"pcp-post-thumb-wrapper\">\n\t\t\t\t\t<div class=\"sp-pcp-post-thumb-area\">\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"sp-pcp-thumb\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/iasi-bond-issue-i\/\" target=\"_self\" >\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2007\/07\/primaria-iasi-1-e1543051502302.png\" width=\"80\" height=\"114\" alt=\"Municipality of Ia\u0219i\">\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<h2 class=\"sp-pcp-title\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/iasi-bond-issue-i\/\"  target=\"_self\">Ia\u0219i Bond Issue I<\/a>\t\t\t\t\t\t\t<\/h2>\n\t\t\t\t\t\t<div class=\"sp-pcp-post-content\">\n\t\t\t<p><b>Contracting Date:<\/b> 2007<br \/>\n<b>Value:<\/b> Lei 200,000,000<\/p>\n\t\t<div class=\"sp-pcp-readmore\">\n\t\t\t\t\t\t\t<a class=\"pcp-readmore-link\" target=\"_self\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/iasi-bond-issue-i\/\" >\n\t\t\t\t\t\tDetalii <\/a>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\" swiper-slide swiper-lazy\">\n\t\t\t<div class=\"sp-pcp-post pcp-item-4758\" data-id=\"4758\">\n\t\t\t\t\t\t\t\t<div class=\"pcp-post-thumb-wrapper\">\n\t\t\t\t\t<div class=\"sp-pcp-post-thumb-area\">\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"sp-pcp-thumb\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/alba-iulia-bond-issue-iv\/\" target=\"_self\" >\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2007\/07\/sigla-primaria-Alba-Iulia-1-e1543053758345.jpg\" width=\"80\" height=\"127\" alt=\"Municipality of Alba Iulia\">\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<h2 class=\"sp-pcp-title\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/alba-iulia-bond-issue-iv\/\"  target=\"_self\">Alba Iulia Bond Issue IV<\/a>\t\t\t\t\t\t\t<\/h2>\n\t\t\t\t\t\t<div class=\"sp-pcp-post-content\">\n\t\t\t<p><b>Contracting Date:<\/b> 2007<br \/>\n<b>Value:<\/b> Lei 32,000,000<\/p>\n\t\t<div class=\"sp-pcp-readmore\">\n\t\t\t\t\t\t\t<a class=\"pcp-readmore-link\" target=\"_self\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/alba-iulia-bond-issue-iv\/\" >\n\t\t\t\t\t\tDetalii <\/a>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\" swiper-slide swiper-lazy\">\n\t\t\t<div class=\"sp-pcp-post pcp-item-4602\" data-id=\"4602\">\n\t\t\t\t\t\t\t\t<div class=\"pcp-post-thumb-wrapper\">\n\t\t\t\t\t<div class=\"sp-pcp-post-thumb-area\">\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"sp-pcp-thumb\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/orastie-bond-issue-i\/\" target=\"_self\" >\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2012\/07\/Orastie-1-e1543050216158.jpg\" width=\"80\" height=\"103\" alt=\"Municipality of Or\u0103\u0219tie\">\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<h2 class=\"sp-pcp-title\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/orastie-bond-issue-i\/\"  target=\"_self\">Or\u0103\u0219tie Bond Issue I<\/a>\t\t\t\t\t\t\t<\/h2>\n\t\t\t\t\t\t<div class=\"sp-pcp-post-content\">\n\t\t\t<p><b>Contracting Date:<\/b> 2007<br \/>\n<b>Value:<\/b> Lei 12,500,000<\/p>\n\t\t<div class=\"sp-pcp-readmore\">\n\t\t\t\t\t\t\t<a class=\"pcp-readmore-link\" target=\"_self\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/orastie-bond-issue-i\/\" >\n\t\t\t\t\t\tDetalii <\/a>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\" swiper-slide swiper-lazy\">\n\t\t\t<div class=\"sp-pcp-post pcp-item-4590\" data-id=\"4590\">\n\t\t\t\t\t\t\t\t<div class=\"pcp-post-thumb-wrapper\">\n\t\t\t\t\t<div class=\"sp-pcp-post-thumb-area\">\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"sp-pcp-thumb\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/slobozia-bond-issue-ii\/\" target=\"_self\" >\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2018\/11\/sigla-slobozia-e1543244165516.jpg\" width=\"80\" height=\"119\" alt=\"Municipality of Slobozia\">\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<h2 class=\"sp-pcp-title\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/slobozia-bond-issue-ii\/\"  target=\"_self\">Slobozia Bond Issue II<\/a>\t\t\t\t\t\t\t<\/h2>\n\t\t\t\t\t\t<div class=\"sp-pcp-post-content\">\n\t\t\t<p><b>Contracting Date:<\/b> 2007<br \/>\n<b>Value:<\/b> Lei 50,000,000<\/p>\n\t\t<div class=\"sp-pcp-readmore\">\n\t\t\t\t\t\t\t<a class=\"pcp-readmore-link\" target=\"_self\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/slobozia-bond-issue-ii\/\" >\n\t\t\t\t\t\tDetalii <\/a>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\" swiper-slide swiper-lazy\">\n\t\t\t<div class=\"sp-pcp-post pcp-item-4575\" data-id=\"4575\">\n\t\t\t\t\t\t\t\t<div class=\"pcp-post-thumb-wrapper\">\n\t\t\t\t\t<div class=\"sp-pcp-post-thumb-area\">\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"sp-pcp-thumb\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/zalau-bond-issue-ii\/\" target=\"_self\" >\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2010\/07\/primariamunicipiuluizalau-1-e1543051869457.png\" width=\"80\" height=\"117\" alt=\"Municipality of Zal\u0103u\">\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<h2 class=\"sp-pcp-title\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/zalau-bond-issue-ii\/\"  target=\"_self\">Zal\u0103u Bond Issue II<\/a>\t\t\t\t\t\t\t<\/h2>\n\t\t\t\t\t\t<div class=\"sp-pcp-post-content\">\n\t\t\t<p><b>Contracting Date:<\/b> 2007<br \/>\n<b>Value:<\/b> Lei 64,300,000<\/p>\n\t\t<div class=\"sp-pcp-readmore\">\n\t\t\t\t\t\t\t<a class=\"pcp-readmore-link\" target=\"_self\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/zalau-bond-issue-ii\/\" >\n\t\t\t\t\t\tDetalii <\/a>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\" swiper-slide swiper-lazy\">\n\t\t\t<div class=\"sp-pcp-post pcp-item-4769\" data-id=\"4769\">\n\t\t\t\t\t\t\t\t<div class=\"pcp-post-thumb-wrapper\">\n\t\t\t\t\t<div class=\"sp-pcp-post-thumb-area\">\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"sp-pcp-thumb\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/aninoasa-commune-bond-issue-i\/\" target=\"_self\" >\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2018\/11\/sigla-Aninoasa.png\" width=\"80\" height=\"120\" alt=\"Aninoasa Commune (Dambovita)\">\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<h2 class=\"sp-pcp-title\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/aninoasa-commune-bond-issue-i\/\"  target=\"_self\">Aninoasa Commune Bond Issue I<\/a>\t\t\t\t\t\t\t<\/h2>\n\t\t\t\t\t\t<div class=\"sp-pcp-post-content\">\n\t\t\t<p><b>Contracting Date:<\/b> 2006<br \/>\n<b>Value:<\/b> Lei 3,000,000<\/p>\n\t\t<div class=\"sp-pcp-readmore\">\n\t\t\t\t\t\t\t<a class=\"pcp-readmore-link\" target=\"_self\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/aninoasa-commune-bond-issue-i\/\" >\n\t\t\t\t\t\tDetalii <\/a>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\" swiper-slide swiper-lazy\">\n\t\t\t<div class=\"sp-pcp-post pcp-item-4666\" data-id=\"4666\">\n\t\t\t\t\t\t\t\t<div class=\"pcp-post-thumb-wrapper\">\n\t\t\t\t\t<div class=\"sp-pcp-post-thumb-area\">\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"sp-pcp-thumb\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/alba-county-bond-issue-i\/\" target=\"_self\" >\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2018\/07\/Stema-judet-Alba-1-e1543053593185.jpg\" width=\"80\" height=\"95\" alt=\"Alba County\">\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<h2 class=\"sp-pcp-title\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/alba-county-bond-issue-i\/\"  target=\"_self\">Alba County Bond Issue I<\/a>\t\t\t\t\t\t\t<\/h2>\n\t\t\t\t\t\t<div class=\"sp-pcp-post-content\">\n\t\t\t<p><b>Contracting Date:<\/b> 2006<br \/>\n<b>Value:<\/b> Lei 50,000,000<\/p>\n\t\t<div class=\"sp-pcp-readmore\">\n\t\t\t\t\t\t\t<a class=\"pcp-readmore-link\" target=\"_self\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/alba-county-bond-issue-i\/\" >\n\t\t\t\t\t\tDetalii <\/a>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\" swiper-slide swiper-lazy\">\n\t\t\t<div class=\"sp-pcp-post pcp-item-4671\" data-id=\"4671\">\n\t\t\t\t\t\t\t\t<div class=\"pcp-post-thumb-wrapper\">\n\t\t\t\t\t<div class=\"sp-pcp-post-thumb-area\">\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"sp-pcp-thumb\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/focsani-bond-issue-i\/\" target=\"_self\" >\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2013\/07\/Focsani-1.png\" width=\"80\" height=\"120\" alt=\"Foc\u0219ani Municipality\">\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<h2 class=\"sp-pcp-title\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/focsani-bond-issue-i\/\"  target=\"_self\">Foc\u0219ani Bond Issue I<\/a>\t\t\t\t\t\t\t<\/h2>\n\t\t\t\t\t\t<div class=\"sp-pcp-post-content\">\n\t\t\t<p><b>Contracting Date:<\/b> 2006<br \/>\n<b>Value:<\/b> Lei 28,000,000<\/p>\n\t\t<div class=\"sp-pcp-readmore\">\n\t\t\t\t\t\t\t<a class=\"pcp-readmore-link\" target=\"_self\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/focsani-bond-issue-i\/\" >\n\t\t\t\t\t\tDetalii <\/a>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\" swiper-slide swiper-lazy\">\n\t\t\t<div class=\"sp-pcp-post pcp-item-4596\" data-id=\"4596\">\n\t\t\t\t\t\t\t\t<div class=\"pcp-post-thumb-wrapper\">\n\t\t\t\t\t<div class=\"sp-pcp-post-thumb-area\">\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"sp-pcp-thumb\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/predeal-bond-issue-iii\/\" target=\"_self\" >\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2018\/07\/Predeal-1-e1543053910457.png\" width=\"80\" height=\"120\" alt=\"Predeal City\">\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<h2 class=\"sp-pcp-title\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/predeal-bond-issue-iii\/\"  target=\"_self\">Predeal Bond Issue III<\/a>\t\t\t\t\t\t\t<\/h2>\n\t\t\t\t\t\t<div class=\"sp-pcp-post-content\">\n\t\t\t<p><b>Contracting Date:<\/b> 2006<br \/>\n<b>Value:<\/b> Lei 4,000,000<\/p>\n\t\t<div class=\"sp-pcp-readmore\">\n\t\t\t\t\t\t\t<a class=\"pcp-readmore-link\" target=\"_self\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/predeal-bond-issue-iii\/\" >\n\t\t\t\t\t\tDetalii <\/a>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\" swiper-slide swiper-lazy\">\n\t\t\t<div class=\"sp-pcp-post pcp-item-4581\" data-id=\"4581\">\n\t\t\t\t\t\t\t\t<div class=\"pcp-post-thumb-wrapper\">\n\t\t\t\t\t<div class=\"sp-pcp-post-thumb-area\">\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"sp-pcp-thumb\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/teius-bond-issue\/\" target=\"_self\" >\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2018\/11\/stema-teius-e1543397267571.jpg\" width=\"80\" height=\"100\" alt=\"Municipality of Teiu\u0219\">\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<h2 class=\"sp-pcp-title\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/teius-bond-issue\/\"  target=\"_self\">Teiu\u0219 Bond Issue<\/a>\t\t\t\t\t\t\t<\/h2>\n\t\t\t\t\t\t<div class=\"sp-pcp-post-content\">\n\t\t\t<p><b>Contracting Date:<\/b> 2006<br \/>\n<b>Value:<\/b> Lei 1,500,000<\/p>\n\t\t<div class=\"sp-pcp-readmore\">\n\t\t\t\t\t\t\t<a class=\"pcp-readmore-link\" target=\"_self\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/teius-bond-issue\/\" >\n\t\t\t\t\t\tDetalii <\/a>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\" swiper-slide swiper-lazy\">\n\t\t\t<div class=\"sp-pcp-post pcp-item-4577\" data-id=\"4577\">\n\t\t\t\t\t\t\t\t<div class=\"pcp-post-thumb-wrapper\">\n\t\t\t\t\t<div class=\"sp-pcp-post-thumb-area\">\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"sp-pcp-thumb\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/timisoara-bond-issue-iii\/\" target=\"_self\" >\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2018\/07\/Timisoara-1.png\" width=\"80\" height=\"120\" alt=\"Municipality of Timi\u0219oara\">\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<h2 class=\"sp-pcp-title\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/timisoara-bond-issue-iii\/\"  target=\"_self\">Timisoara Bond Issue III<\/a>\t\t\t\t\t\t\t<\/h2>\n\t\t\t\t\t\t<div class=\"sp-pcp-post-content\">\n\t\t\t<p><b>Contracting Date:<\/b> 2006<br \/>\n<b>Value:<\/b> Lei 150,000,000<\/p>\n\t\t<div class=\"sp-pcp-readmore\">\n\t\t\t\t\t\t\t<a class=\"pcp-readmore-link\" target=\"_self\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/timisoara-bond-issue-iii\/\" >\n\t\t\t\t\t\tDetalii <\/a>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\" swiper-slide swiper-lazy\">\n\t\t\t<div class=\"sp-pcp-post pcp-item-4664\" data-id=\"4664\">\n\t\t\t\t\t\t\t\t<div class=\"pcp-post-thumb-wrapper\">\n\t\t\t\t\t<div class=\"sp-pcp-post-thumb-area\">\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"sp-pcp-thumb\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/hunedoara-county-bond-issue\/\" target=\"_self\" >\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2018\/11\/stema-HD-e1543567761599.jpg\" width=\"80\" height=\"92\" alt=\"Hunedoara County\">\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<h2 class=\"sp-pcp-title\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/hunedoara-county-bond-issue\/\"  target=\"_self\">Hunedoara County Bond Issue<\/a>\t\t\t\t\t\t\t<\/h2>\n\t\t\t\t\t\t<div class=\"sp-pcp-post-content\">\n\t\t\t<p><b>Contracting Date:<\/b> 2006<br \/>\n<b>Value:<\/b> Lei 60,000,000<\/p>\n\t\t<div class=\"sp-pcp-readmore\">\n\t\t\t\t\t\t\t<a class=\"pcp-readmore-link\" target=\"_self\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/hunedoara-county-bond-issue\/\" >\n\t\t\t\t\t\tDetalii <\/a>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\" swiper-slide swiper-lazy\">\n\t\t\t<div class=\"sp-pcp-post pcp-item-4608\" data-id=\"4608\">\n\t\t\t\t\t\t\t\t<div class=\"pcp-post-thumb-wrapper\">\n\t\t\t\t\t<div class=\"sp-pcp-post-thumb-area\">\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"sp-pcp-thumb\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/lugoj-bond-issue-ii\/\" target=\"_self\" >\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2018\/11\/sigla-lugoj-e1543569572308.jpg\" width=\"80\" height=\"122\" alt=\"Municipality of Lugoj\">\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<h2 class=\"sp-pcp-title\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/lugoj-bond-issue-ii\/\"  target=\"_self\">Lugoj Bond Issue II<\/a>\t\t\t\t\t\t\t<\/h2>\n\t\t\t\t\t\t<div class=\"sp-pcp-post-content\">\n\t\t\t<p><b>Contracting Date:<\/b> 2006<br \/>\n<b>Value:<\/b> Lei 3,500,000<\/p>\n\t\t<div class=\"sp-pcp-readmore\">\n\t\t\t\t\t\t\t<a class=\"pcp-readmore-link\" target=\"_self\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/lugoj-bond-issue-ii\/\" >\n\t\t\t\t\t\tDetalii <\/a>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\" swiper-slide swiper-lazy\">\n\t\t\t<div class=\"sp-pcp-post pcp-item-4583\" data-id=\"4583\">\n\t\t\t\t\t\t\t\t<div class=\"pcp-post-thumb-wrapper\">\n\t\t\t\t\t<div class=\"sp-pcp-post-thumb-area\">\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"sp-pcp-thumb\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/bond-issue-iii-targu-mures\/\" target=\"_self\" >\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2018\/07\/tirgumures1-1-e1543051763313.png\" width=\"80\" height=\"122\" alt=\"Municipality of T\u00e2rgu Mure\u0219\">\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<h2 class=\"sp-pcp-title\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/bond-issue-iii-targu-mures\/\"  target=\"_self\">Bond Issue III T\u00e2rgu-Mure\u0219<\/a>\t\t\t\t\t\t\t<\/h2>\n\t\t\t\t\t\t<div class=\"sp-pcp-post-content\">\n\t\t\t<p><b>Contracting Date:<\/b> 2006<br \/>\n<b>Value:<\/b> Lei 52,000,000<\/p>\n\t\t<div class=\"sp-pcp-readmore\">\n\t\t\t\t\t\t\t<a class=\"pcp-readmore-link\" target=\"_self\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/bond-issue-iii-targu-mures\/\" >\n\t\t\t\t\t\tDetalii <\/a>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\" swiper-slide swiper-lazy\">\n\t\t\t<div class=\"sp-pcp-post pcp-item-4763\" data-id=\"4763\">\n\t\t\t\t\t\t\t\t<div class=\"pcp-post-thumb-wrapper\">\n\t\t\t\t\t<div class=\"sp-pcp-post-thumb-area\">\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"sp-pcp-thumb\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/bacau-bond-issue-iii\/\" target=\"_self\" >\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2018\/12\/Bacau.jpg\" width=\"80\" height=\"120\" alt=\"\">\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<h2 class=\"sp-pcp-title\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/bacau-bond-issue-iii\/\"  target=\"_self\">Bac\u0103u Bond Issue III<\/a>\t\t\t\t\t\t\t<\/h2>\n\t\t\t\t\t\t<div class=\"sp-pcp-post-content\">\n\t\t\t<p><b>Contracting Date:<\/b> 2006<br \/>\n<b>Value:<\/b> Lei 110,000,000<\/p>\n\t\t<div class=\"sp-pcp-readmore\">\n\t\t\t\t\t\t\t<a class=\"pcp-readmore-link\" target=\"_self\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/bacau-bond-issue-iii\/\" >\n\t\t\t\t\t\tDetalii <\/a>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\" swiper-slide swiper-lazy\">\n\t\t\t<div class=\"sp-pcp-post pcp-item-4767\" data-id=\"4767\">\n\t\t\t\t\t\t\t\t<div class=\"pcp-post-thumb-wrapper\">\n\t\t\t\t\t<div class=\"sp-pcp-post-thumb-area\">\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"sp-pcp-thumb\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/bistrita-bond-issue-iii\/\" target=\"_self\" >\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2018\/12\/Bistrita-1-e1544184072969.jpg\" width=\"80\" height=\"96\" alt=\"Municipality of Bistri\u021ba\">\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<h2 class=\"sp-pcp-title\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/bistrita-bond-issue-iii\/\"  target=\"_self\">Bistri\u021ba Bond Issue III<\/a>\t\t\t\t\t\t\t<\/h2>\n\t\t\t\t\t\t<div class=\"sp-pcp-post-content\">\n\t\t\t<p><b>Contracting Date:<\/b> 2006<br \/>\n<b>Value:<\/b> Lei 35,000,000<\/p>\n\t\t<div class=\"sp-pcp-readmore\">\n\t\t\t\t\t\t\t<a class=\"pcp-readmore-link\" target=\"_self\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/bistrita-bond-issue-iii\/\" >\n\t\t\t\t\t\tDetalii <\/a>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\" swiper-slide swiper-lazy\">\n\t\t\t<div class=\"sp-pcp-post pcp-item-4579\" data-id=\"4579\">\n\t\t\t\t\t\t\t\t<div class=\"pcp-post-thumb-wrapper\">\n\t\t\t\t\t<div class=\"sp-pcp-post-thumb-area\">\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"sp-pcp-thumb\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/timisoara-bond-issue-ii\/\" target=\"_self\" >\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2018\/12\/Timisoara.png\" width=\"80\" height=\"120\" alt=\"\">\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<h2 class=\"sp-pcp-title\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/timisoara-bond-issue-ii\/\"  target=\"_self\">Timisoara Bond Issue II<\/a>\t\t\t\t\t\t\t<\/h2>\n\t\t\t\t\t\t<div class=\"sp-pcp-post-content\">\n\t\t\t<p><b>Contracting Date:<\/b> 2005<br \/>\n<b>Value:<\/b> Lei 20,000,000<\/p>\n\t\t<div class=\"sp-pcp-readmore\">\n\t\t\t\t\t\t\t<a class=\"pcp-readmore-link\" target=\"_self\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/timisoara-bond-issue-ii\/\" >\n\t\t\t\t\t\tDetalii <\/a>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\" swiper-slide swiper-lazy\">\n\t\t\t<div class=\"sp-pcp-post pcp-item-4756\" data-id=\"4756\">\n\t\t\t\t\t\t\t\t<div class=\"pcp-post-thumb-wrapper\">\n\t\t\t\t\t<div class=\"sp-pcp-post-thumb-area\">\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"sp-pcp-thumb\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/alba-iulia-bond-issue-iii\/\" target=\"_self\" >\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2007\/07\/sigla-primaria-Alba-Iulia-1-e1543053758345.jpg\" width=\"80\" height=\"127\" alt=\"Municipality of Alba Iulia\">\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<h2 class=\"sp-pcp-title\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/alba-iulia-bond-issue-iii\/\"  target=\"_self\">Alba Iulia Bond Issue III<\/a>\t\t\t\t\t\t\t<\/h2>\n\t\t\t\t\t\t<div class=\"sp-pcp-post-content\">\n\t\t\t<p><b>Contracting date:<\/b> 2005<br \/>\n<b>Value:<\/b> Lei 24,500,000<\/p>\n\t\t<div class=\"sp-pcp-readmore\">\n\t\t\t\t\t\t\t<a class=\"pcp-readmore-link\" target=\"_self\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/alba-iulia-bond-issue-iii\/\" >\n\t\t\t\t\t\tDetalii <\/a>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\" swiper-slide swiper-lazy\">\n\t\t\t<div class=\"sp-pcp-post pcp-item-4585\" data-id=\"4585\">\n\t\t\t\t\t\t\t\t<div class=\"pcp-post-thumb-wrapper\">\n\t\t\t\t\t<div class=\"sp-pcp-post-thumb-area\">\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"sp-pcp-thumb\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/bond-issue-ii-targu-mures\/\" target=\"_self\" >\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2018\/07\/tirgumures1-1-e1543051763313.png\" width=\"80\" height=\"122\" alt=\"Municipality of T\u00e2rgu Mure\u0219\">\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<h2 class=\"sp-pcp-title\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/bond-issue-ii-targu-mures\/\"  target=\"_self\">Bond Issue II T\u00e2rgu-Mure\u0219<\/a>\t\t\t\t\t\t\t<\/h2>\n\t\t\t\t\t\t<div class=\"sp-pcp-post-content\">\n\t\t\t<p><b>Contracting Date:<\/b> 2004<br \/>\n<b>Value:<\/b> Lei 3,000,000<\/p>\n\t\t<div class=\"sp-pcp-readmore\">\n\t\t\t\t\t\t\t<a class=\"pcp-readmore-link\" target=\"_self\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/bond-issue-ii-targu-mures\/\" >\n\t\t\t\t\t\tDetalii <\/a>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\" swiper-slide swiper-lazy\">\n\t\t\t<div class=\"sp-pcp-post pcp-item-4592\" data-id=\"4592\">\n\t\t\t\t\t\t\t\t<div class=\"pcp-post-thumb-wrapper\">\n\t\t\t\t\t<div class=\"sp-pcp-post-thumb-area\">\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"sp-pcp-thumb\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/sebes-bond-issue-ii\/\" target=\"_self\" >\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2018\/12\/Sebes.png\" width=\"80\" height=\"120\" alt=\"Municipality of Sebe\u0219\">\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<h2 class=\"sp-pcp-title\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/sebes-bond-issue-ii\/\"  target=\"_self\">Sebe\u0219 Bond Issue II<\/a>\t\t\t\t\t\t\t<\/h2>\n\t\t\t\t\t\t<div class=\"sp-pcp-post-content\">\n\t\t\t<p><b>Contracting Date:<\/b> 2004<br \/>\n<b>Value:<\/b> Lei 1,500,000<\/p>\n\t\t<div class=\"sp-pcp-readmore\">\n\t\t\t\t\t\t\t<a class=\"pcp-readmore-link\" target=\"_self\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/sebes-bond-issue-ii\/\" >\n\t\t\t\t\t\tDetalii <\/a>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\" swiper-slide swiper-lazy\">\n\t\t\t<div class=\"sp-pcp-post pcp-item-4762\" data-id=\"4762\">\n\t\t\t\t\t\t\t\t<div class=\"pcp-post-thumb-wrapper\">\n\t\t\t\t\t<div class=\"sp-pcp-post-thumb-area\">\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"sp-pcp-thumb\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/bacau-bond-issue-ii\/\" target=\"_self\" >\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2018\/12\/Bacau-2.jpg\" width=\"80\" height=\"120\" alt=\"Municipality of Bac\u0103u\">\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<h2 class=\"sp-pcp-title\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/bacau-bond-issue-ii\/\"  target=\"_self\">Bac\u0103u Bond Issue II<\/a>\t\t\t\t\t\t\t<\/h2>\n\t\t\t\t\t\t<div class=\"sp-pcp-post-content\">\n\t\t\t<p><b>Contracting Date:<\/b> 2004<br \/>\n<b>Value:<\/b> Lei 8,950,000<\/p>\n\t\t<div class=\"sp-pcp-readmore\">\n\t\t\t\t\t\t\t<a class=\"pcp-readmore-link\" target=\"_self\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/bacau-bond-issue-ii\/\" >\n\t\t\t\t\t\tDetalii <\/a>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\" swiper-slide swiper-lazy\">\n\t\t\t<div class=\"sp-pcp-post pcp-item-4588\" data-id=\"4588\">\n\t\t\t\t\t\t\t\t<div class=\"pcp-post-thumb-wrapper\">\n\t\t\t\t\t<div class=\"sp-pcp-post-thumb-area\">\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"sp-pcp-thumb\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/targu-ocna-bond-issue\/\" target=\"_self\" >\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2004\/02\/Targu_Ocna-e1544273691283.jpg\" width=\"80\" height=\"96\" alt=\"Municipality of T\u00e2rgu Ocna\">\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<h2 class=\"sp-pcp-title\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/targu-ocna-bond-issue\/\"  target=\"_self\">T\u00e2rgu Ocna Bond Issue<\/a>\t\t\t\t\t\t\t<\/h2>\n\t\t\t\t\t\t<div class=\"sp-pcp-post-content\">\n\t\t\t<p><b>Contracting Date:<\/b> 2004<br \/>\n<b>Value:<\/b> Lei 500,000<\/p>\n\t\t<div class=\"sp-pcp-readmore\">\n\t\t\t\t\t\t\t<a class=\"pcp-readmore-link\" target=\"_self\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/targu-ocna-bond-issue\/\" >\n\t\t\t\t\t\tDetalii <\/a>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\" swiper-slide swiper-lazy\">\n\t\t\t<div class=\"sp-pcp-post pcp-item-4673\" data-id=\"4673\">\n\t\t\t\t\t\t\t\t<div class=\"pcp-post-thumb-wrapper\">\n\t\t\t\t\t<div class=\"sp-pcp-post-thumb-area\">\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"sp-pcp-thumb\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/deva-bond-issue-ii\/\" target=\"_self\" >\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2018\/12\/Deva-1-e1544274332480.jpg\" width=\"80\" height=\"96\" alt=\"Municipality of Deva\">\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<h2 class=\"sp-pcp-title\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/deva-bond-issue-ii\/\"  target=\"_self\">Deva Bond Issue II<\/a>\t\t\t\t\t\t\t<\/h2>\n\t\t\t\t\t\t<div class=\"sp-pcp-post-content\">\n\t\t\t<p><b>Contracting Date:<\/b> 2004<br \/>\n<b>Value:<\/b> Lei 1,916,000<\/p>\n\t\t<div class=\"sp-pcp-readmore\">\n\t\t\t\t\t\t\t<a class=\"pcp-readmore-link\" target=\"_self\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/deva-bond-issue-ii\/\" >\n\t\t\t\t\t\tDetalii <\/a>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\" swiper-slide swiper-lazy\">\n\t\t\t<div class=\"sp-pcp-post pcp-item-4604\" data-id=\"4604\">\n\t\t\t\t\t\t\t\t<div class=\"pcp-post-thumb-wrapper\">\n\t\t\t\t\t<div class=\"sp-pcp-post-thumb-area\">\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"sp-pcp-thumb\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/oradea-bond-issue-i\/\" target=\"_self\" >\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2018\/12\/Oradea-e1544345794233.jpg\" width=\"80\" height=\"96\" alt=\"Municipality of Oradea\">\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<h2 class=\"sp-pcp-title\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/oradea-bond-issue-i\/\"  target=\"_self\">Oradea Bond Issue I<\/a>\t\t\t\t\t\t\t<\/h2>\n\t\t\t\t\t\t<div class=\"sp-pcp-post-content\">\n\t\t\t<p><b>Contracting Date:<\/b> 2003<br \/>\n<b>Value:<\/b> Lei 10,000,000<\/p>\n\t\t<div class=\"sp-pcp-readmore\">\n\t\t\t\t\t\t\t<a class=\"pcp-readmore-link\" target=\"_self\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/oradea-bond-issue-i\/\" >\n\t\t\t\t\t\tDetalii <\/a>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\" swiper-slide swiper-lazy\">\n\t\t\t<div class=\"sp-pcp-post pcp-item-4765\" data-id=\"4765\">\n\t\t\t\t\t\t\t\t<div class=\"pcp-post-thumb-wrapper\">\n\t\t\t\t\t<div class=\"sp-pcp-post-thumb-area\">\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"sp-pcp-thumb\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/bistrita-bond-issue-i\/\" target=\"_self\" >\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2018\/12\/Bistrita-1-e1544184072969.jpg\" width=\"80\" height=\"96\" alt=\"Municipality of Bistri\u021ba\">\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<h2 class=\"sp-pcp-title\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/bistrita-bond-issue-i\/\"  target=\"_self\">Bistri\u021ba Bond Issue I<\/a>\t\t\t\t\t\t\t<\/h2>\n\t\t\t\t\t\t<div class=\"sp-pcp-post-content\">\n\t\t\t<p><b>Contracting Date:<\/b> 2003<br \/>\n<b>Value:<\/b> Lei 1,500,000<\/p>\n\t\t<div class=\"sp-pcp-readmore\">\n\t\t\t\t\t\t\t<a class=\"pcp-readmore-link\" target=\"_self\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/bistrita-bond-issue-i\/\" >\n\t\t\t\t\t\tDetalii <\/a>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\" swiper-slide swiper-lazy\">\n\t\t\t<div class=\"sp-pcp-post pcp-item-4771\" data-id=\"4771\">\n\t\t\t\t\t\t\t\t<div class=\"pcp-post-thumb-wrapper\">\n\t\t\t\t\t<div class=\"sp-pcp-post-thumb-area\">\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"sp-pcp-thumb\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/deva-bond-issue-i\/\" target=\"_self\" >\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2018\/12\/Deva-1-e1544274332480.jpg\" width=\"80\" height=\"96\" alt=\"Municipality of Deva\">\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<h2 class=\"sp-pcp-title\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/deva-bond-issue-i\/\"  target=\"_self\">Deva Bond Issue I<\/a>\t\t\t\t\t\t\t<\/h2>\n\t\t\t\t\t\t<div class=\"sp-pcp-post-content\">\n\t\t\t<p><b>Contracting Date:<\/b> 2003<br \/>\n<b>Value:<\/b> Lei 5,800,000<\/p>\n\t\t<div class=\"sp-pcp-readmore\">\n\t\t\t\t\t\t\t<a class=\"pcp-readmore-link\" target=\"_self\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/deva-bond-issue-i\/\" >\n\t\t\t\t\t\tDetalii <\/a>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\" swiper-slide swiper-lazy\">\n\t\t\t<div class=\"sp-pcp-post pcp-item-4610\" data-id=\"4610\">\n\t\t\t\t\t\t\t\t<div class=\"pcp-post-thumb-wrapper\">\n\t\t\t\t\t<div class=\"sp-pcp-post-thumb-area\">\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"sp-pcp-thumb\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/lugoj-bond-issue-i\/\" target=\"_self\" >\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2018\/12\/Lugoj-e1544347642728.jpg\" width=\"80\" height=\"96\" alt=\"Municipality of Lugoj\">\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<h2 class=\"sp-pcp-title\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/lugoj-bond-issue-i\/\"  target=\"_self\">Lugoj Bond Issue I<\/a>\t\t\t\t\t\t\t<\/h2>\n\t\t\t\t\t\t<div class=\"sp-pcp-post-content\">\n\t\t\t<p><b>Contracting Date:<\/b> 2003<br \/>\n<b>Value:<\/b> Lei 600,000<\/p>\n\t\t<div class=\"sp-pcp-readmore\">\n\t\t\t\t\t\t\t<a class=\"pcp-readmore-link\" target=\"_self\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/lugoj-bond-issue-i\/\" >\n\t\t\t\t\t\tDetalii <\/a>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\" swiper-slide swiper-lazy\">\n\t\t\t<div class=\"sp-pcp-post pcp-item-4754\" data-id=\"4754\">\n\t\t\t\t\t\t\t\t<div class=\"pcp-post-thumb-wrapper\">\n\t\t\t\t\t<div class=\"sp-pcp-post-thumb-area\">\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"sp-pcp-thumb\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/alba-iulia-bond-issue-ii\/\" target=\"_self\" >\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2007\/07\/sigla-primaria-Alba-Iulia-1-e1543053758345.jpg\" width=\"80\" height=\"127\" alt=\"Municipality of Alba Iulia\">\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<h2 class=\"sp-pcp-title\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/alba-iulia-bond-issue-ii\/\"  target=\"_self\">Alba Iulia Bond Issue II<\/a>\t\t\t\t\t\t\t<\/h2>\n\t\t\t\t\t\t<div class=\"sp-pcp-post-content\">\n\t\t\t<p><b>Contracting Date:<\/b> 2003<br \/>\n<b>Value:<\/b> Lei 2,400,000<\/p>\n\t\t<div class=\"sp-pcp-readmore\">\n\t\t\t\t\t\t\t<a class=\"pcp-readmore-link\" target=\"_self\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/alba-iulia-bond-issue-ii\/\" >\n\t\t\t\t\t\tDetalii <\/a>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\" swiper-slide swiper-lazy\">\n\t\t\t<div class=\"sp-pcp-post pcp-item-4749\" data-id=\"4749\">\n\t\t\t\t\t\t\t\t<div class=\"pcp-post-thumb-wrapper\">\n\t\t\t\t\t<div class=\"sp-pcp-post-thumb-area\">\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"sp-pcp-thumb\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/aiud-bond-issue\/\" target=\"_self\" >\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2018\/12\/Aiud-e1544348635466.jpg\" width=\"80\" height=\"96\" alt=\"Municipality of Aiud\">\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<h2 class=\"sp-pcp-title\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/aiud-bond-issue\/\"  target=\"_self\">Aiud Bond Issue<\/a>\t\t\t\t\t\t\t<\/h2>\n\t\t\t\t\t\t<div class=\"sp-pcp-post-content\">\n\t\t\t<p><b>Contracting Date:<\/b> 2003<br \/>\n<b>Value:<\/b> Lei 500,000<\/p>\n\t\t<div class=\"sp-pcp-readmore\">\n\t\t\t\t\t\t\t<a class=\"pcp-readmore-link\" target=\"_self\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/aiud-bond-issue\/\" >\n\t\t\t\t\t\tDetalii <\/a>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\" swiper-slide swiper-lazy\">\n\t\t\t<div class=\"sp-pcp-post pcp-item-4751\" data-id=\"4751\">\n\t\t\t\t\t\t\t\t<div class=\"pcp-post-thumb-wrapper\">\n\t\t\t\t\t<div class=\"sp-pcp-post-thumb-area\">\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"sp-pcp-thumb\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/alba-iulia-bond-issue-i\/\" target=\"_self\" >\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2007\/07\/sigla-primaria-Alba-Iulia-1-e1543053758345.jpg\" width=\"80\" height=\"127\" alt=\"Municipality of Alba Iulia\">\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<h2 class=\"sp-pcp-title\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/alba-iulia-bond-issue-i\/\"  target=\"_self\">Alba Iulia Bond Issue I<\/a>\t\t\t\t\t\t\t<\/h2>\n\t\t\t\t\t\t<div class=\"sp-pcp-post-content\">\n\t\t\t<p><b>Contracting Date:<\/b> 2002<br \/>\n<b>Value:<\/b> Lei 1,600,000<\/p>\n\t\t<div class=\"sp-pcp-readmore\">\n\t\t\t\t\t\t\t<a class=\"pcp-readmore-link\" target=\"_self\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/alba-iulia-bond-issue-i\/\" >\n\t\t\t\t\t\tDetalii <\/a>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\" swiper-slide swiper-lazy\">\n\t\t\t<div class=\"sp-pcp-post pcp-item-4598\" data-id=\"4598\">\n\t\t\t\t\t\t\t\t<div class=\"pcp-post-thumb-wrapper\">\n\t\t\t\t\t<div class=\"sp-pcp-post-thumb-area\">\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"sp-pcp-thumb\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/predeal-bond-issue-ii\/\" target=\"_self\" >\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2018\/12\/Predeal-2.png\" width=\"80\" height=\"120\" alt=\"City of Predeal\">\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<h2 class=\"sp-pcp-title\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/predeal-bond-issue-ii\/\"  target=\"_self\">Predeal Bond Issue II<\/a>\t\t\t\t\t\t\t<\/h2>\n\t\t\t\t\t\t<div class=\"sp-pcp-post-content\">\n\t\t\t<p><b>Contracting Date:<\/b> 2002<br \/>\n<b>Value:<\/b> Lei 750,000<\/p>\n\t\t<div class=\"sp-pcp-readmore\">\n\t\t\t\t\t\t\t<a class=\"pcp-readmore-link\" target=\"_self\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/predeal-bond-issue-ii\/\" >\n\t\t\t\t\t\tDetalii <\/a>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\" swiper-slide swiper-lazy\">\n\t\t\t<div class=\"sp-pcp-post pcp-item-4760\" data-id=\"4760\">\n\t\t\t\t\t\t\t\t<div class=\"pcp-post-thumb-wrapper\">\n\t\t\t\t\t<div class=\"sp-pcp-post-thumb-area\">\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"sp-pcp-thumb\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/bacau-bond-issue-i\/\" target=\"_self\" >\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2018\/12\/Bacau-2.jpg\" width=\"80\" height=\"120\" alt=\"Municipality of Bac\u0103u\">\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<h2 class=\"sp-pcp-title\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/bacau-bond-issue-i\/\"  target=\"_self\">Bac\u0103u Bond Issue I<\/a>\t\t\t\t\t\t\t<\/h2>\n\t\t\t\t\t\t<div class=\"sp-pcp-post-content\">\n\t\t\t<p><b>Contracting Date:<\/b> 2002<br \/>\n<b>Value:<\/b> Lei 3,500,000<\/p>\n\t\t<div class=\"sp-pcp-readmore\">\n\t\t\t\t\t\t\t<a class=\"pcp-readmore-link\" target=\"_self\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/bacau-bond-issue-i\/\" >\n\t\t\t\t\t\tDetalii <\/a>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\" swiper-slide swiper-lazy\">\n\t\t\t<div class=\"sp-pcp-post pcp-item-4586\" data-id=\"4586\">\n\t\t\t\t\t\t\t\t<div class=\"pcp-post-thumb-wrapper\">\n\t\t\t\t\t<div class=\"sp-pcp-post-thumb-area\">\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"sp-pcp-thumb\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/targu-mures-bond-issue-i\/\" target=\"_self\" >\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2018\/07\/tirgumures1-1-e1543051763313.png\" width=\"80\" height=\"122\" alt=\"Municipality of T\u00e2rgu Mure\u0219\">\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<h2 class=\"sp-pcp-title\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/targu-mures-bond-issue-i\/\"  target=\"_self\">T\u00e2rgu-Mure\u0219 Bond Issue I<\/a>\t\t\t\t\t\t\t<\/h2>\n\t\t\t\t\t\t<div class=\"sp-pcp-post-content\">\n\t\t\t<p><b>Contracting Date:<\/b> 2002<br \/>\n<b>Value:<\/b> Lei 2,000,000<\/p>\n\t\t<div class=\"sp-pcp-readmore\">\n\t\t\t\t\t\t\t<a class=\"pcp-readmore-link\" target=\"_self\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/targu-mures-bond-issue-i\/\" >\n\t\t\t\t\t\tDetalii <\/a>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\" swiper-slide swiper-lazy\">\n\t\t\t<div class=\"sp-pcp-post pcp-item-4594\" data-id=\"4594\">\n\t\t\t\t\t\t\t\t<div class=\"pcp-post-thumb-wrapper\">\n\t\t\t\t\t<div class=\"sp-pcp-post-thumb-area\">\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"sp-pcp-thumb\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/sebes-bond-issue-i\/\" target=\"_self\" >\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2018\/12\/Sebes.png\" width=\"80\" height=\"120\" alt=\"Municipality of Sebe\u0219\">\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<h2 class=\"sp-pcp-title\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/sebes-bond-issue-i\/\"  target=\"_self\">Sebe\u0219 Bond Issue I<\/a>\t\t\t\t\t\t\t<\/h2>\n\t\t\t\t\t\t<div class=\"sp-pcp-post-content\">\n\t\t\t<p><b>Contracting Date:<\/b> 2002<br \/>\n<b>Value:<\/b> Lei 1,000,000<\/p>\n\t\t<div class=\"sp-pcp-readmore\">\n\t\t\t\t\t\t\t<a class=\"pcp-readmore-link\" target=\"_self\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/sebes-bond-issue-i\/\" >\n\t\t\t\t\t\tDetalii <\/a>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\" swiper-slide swiper-lazy\">\n\t\t\t<div class=\"sp-pcp-post pcp-item-4601\" data-id=\"4601\">\n\t\t\t\t\t\t\t\t<div class=\"pcp-post-thumb-wrapper\">\n\t\t\t\t\t<div class=\"sp-pcp-post-thumb-area\">\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"sp-pcp-thumb\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/predeal-bond-issue-ii-2\/\" target=\"_self\" >\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2018\/12\/Predeal-2.png\" width=\"80\" height=\"120\" alt=\"City of Predeal\">\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<h2 class=\"sp-pcp-title\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/predeal-bond-issue-ii-2\/\"  target=\"_self\">Predeal Bond Issue II<\/a>\t\t\t\t\t\t\t<\/h2>\n\t\t\t\t\t\t<div class=\"sp-pcp-post-content\">\n\t\t\t<p><b>Contracting Date:<\/b> 2001<br \/>\n<b>Value:<\/b> Lei 500,000<\/p>\n\t\t<div class=\"sp-pcp-readmore\">\n\t\t\t\t\t\t\t<a class=\"pcp-readmore-link\" target=\"_self\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/predeal-bond-issue-ii-2\/\" >\n\t\t\t\t\t\tDetalii <\/a>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\" swiper-slide swiper-lazy\">\n\t\t\t<div class=\"sp-pcp-post pcp-item-4606\" data-id=\"4606\">\n\t\t\t\t\t\t\t\t<div class=\"pcp-post-thumb-wrapper\">\n\t\t\t\t\t<div class=\"sp-pcp-post-thumb-area\">\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"sp-pcp-thumb\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/mangalia-bond-issue\/\" target=\"_self\" >\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2018\/12\/Mangalia-e1544429907597.jpg\" width=\"80\" height=\"96\" alt=\"Municipality of Mangalia\">\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<h2 class=\"sp-pcp-title\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/mangalia-bond-issue\/\"  target=\"_self\">Mangalia Bond Issue<\/a>\t\t\t\t\t\t\t<\/h2>\n\t\t\t\t\t\t<div class=\"sp-pcp-post-content\">\n\t\t\t<p><b>Contracting Date:<\/b> 2001<br \/>\n<b>Value:<\/b> Lei 1,000,000<\/p>\n\t\t<div class=\"sp-pcp-readmore\">\n\t\t\t\t\t\t\t<a class=\"pcp-readmore-link\" target=\"_self\" href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/mangalia-bond-issue\/\" >\n\t\t\t\t\t\tDetalii <\/a>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"pcp-pagination swiper-pagination dots\"><\/div>\n\t\t\t\t\t\t\t\t\t\t<div class=\"pcp-button-next swiper-button-next top_right\"><i class=\"fa fa-angle-right\"><\/i><\/div>\n\t\t\t\t<div class=\"pcp-button-prev swiper-button-prev top_right\"><i class=\"fa fa-angle-left\"><\/i><\/div>\t<\/div>\n<\/div>\n<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c930f81 elementor-widget elementor-widget-heading\" data-id=\"c930f81\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><h1 data-elementor-setting-key=\"title\" data-pen-placeholder=\"Type Here...\" style=\"font-style: normal; line-height: 1.2em;\"><span style=\"color: var(--ast-global-color-2); font-style: inherit; background-color: var(--ast-global-color-4); font-size: 32px;\"><b>Activity<\/b><\/b><\/span><span style=\"font-size: 3rem; font-weight: 400; color: var(--ast-global-color-2); font-style: inherit; background-color: var(--ast-global-color-4);\"><\/span><\/span><span style=\"font-size: 32px;\"><b><br><\/b><\/span><\/h1><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-90ab1fb elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"90ab1fb\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-80b013c\" data-id=\"80b013c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1751fe9 elementor-grid-4 elementor-posts--thumbnail-none elementor-grid-tablet-2 elementor-grid-mobile-1 elementor-widget elementor-widget-posts\" data-id=\"1751fe9\" data-element_type=\"widget\" data-settings=\"{&quot;classic_columns&quot;:&quot;4&quot;,&quot;classic_columns_tablet&quot;:&quot;2&quot;,&quot;classic_columns_mobile&quot;:&quot;1&quot;,&quot;classic_row_gap&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:35,&quot;sizes&quot;:[]},&quot;classic_row_gap_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;classic_row_gap_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\" data-widget_type=\"posts.classic\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-posts-container elementor-posts elementor-posts--skin-classic elementor-grid\">\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-4551 post type-post status-publish format-standard has-post-thumbnail hentry category-events\">\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h5 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/en\/events\/nrrp-the-deadline-for-non-reimbursable-financing-of-euro-300000-for-companies-listed-on-the-bvb-extended-until-december-31-2025\/\" >\n\t\t\t\tNRRP: The deadline for non-reimbursable financing of Euro 300,000 for companies listed on the BVB extended until December 31, 2025\t\t\t<\/a>\n\t\t<\/h5>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-4499 post type-post status-publish format-standard has-post-thumbnail hentry category-events\">\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h5 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/en\/events\/vmb-partners-financial-advisor-for-the-first-issue-of-green-municipal-bonds-listed-by-the-municipality-of-resita-on-the-bucharest-stock-exchange\/\" >\n\t\t\t\tVMB Partners, financial advisor for the first issue of green municipal bonds, listed by the Municipality of Resita on the Bucharest Stock Exchange\t\t\t<\/a>\n\t\t<\/h5>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-4492 post type-post status-publish format-standard has-post-thumbnail hentry category-events\">\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h5 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/en\/events\/vmb-partners-cluj-county-councils-consultant-in-the-euro-76-million-bond-issue-cluj-will-secure-private-funding-for-projects-on-the-bucharest-stock-exchange\/\" >\n\t\t\t\tVMB Partners: Cluj County Council&#8217;s consultant in the Euro 76 million bond issue. Cluj will secure private funding for projects on the Bucharest Stock Exchange\t\t\t<\/a>\n\t\t<\/h5>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-4570 post type-post status-publish format-standard has-post-thumbnail hentry category-events\">\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h5 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/en\/events\/vmb-partners-event-with-the-support-of-the-romanian-supervisory-authority-and-the-bucharest-stock-exchange\/\" >\n\t\t\t\tVMB Partners event with the support of the Romanian Supervisory Authority and the Bucharest Stock Exchange\t\t\t<\/a>\n\t\t<\/h5>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-4675 post type-post status-publish format-standard has-post-thumbnail hentry category-events\">\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h5 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/en\/events\/private-money-to-finance-local-infrastructure-valentin-miron-interview-for-ziarul-financiar\/\" >\n\t\t\t\t&#8220;Private Money to Finance Local Infrastructure&#8221; &#8211; Valentin Miron, interview for Ziarul Financiar\t\t\t<\/a>\n\t\t<\/h5>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<\/div>\n\t\t\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3ce127b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3ce127b\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-4c05f82\" data-id=\"4c05f82\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2bb713e elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"2bb713e\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">VMB Partners represents ATU interests<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-620d932\" data-id=\"620d932\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-de6bc27 elementor-reverse-mobile elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"de6bc27\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-1823875\" data-id=\"1823875\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6330071 elementor-widget elementor-widget-text-editor\" data-id=\"6330071\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Since 2001, VMB has registered a number of 49 municipal bond issues with a total amount secured of Lei  1 billion and maturities of 20 years.<\/p><p>The highest values of a municipal bond issue in Romania (Lei 100 million, Iasi Municipality and Timis County)<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-25cacfe elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"25cacfe\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/en\/bonds\/\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-arrow-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">More on Bonds\u00a0<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cee0ad4 elementor-widget elementor-widget-text-editor\" data-id=\"cee0ad4\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>In terms of bank loans, more than 50 local public authorities have benefited from the assistance of VMB Partners consultants. With the help of VMB&#8217;s experts, the first municipal financing granted in Romania by the International Finance Corporation &#8211; World Bank was obtained.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ae9beca elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"ae9beca\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/en\/bank-loans\/\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-arrow-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">More on loans\u00a0<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/en\/services\/\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-arrow-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">See all our services<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/en\/vmb-partners-brochure\/\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-arrow-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Presentation brochure<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-c1dbe80\" data-id=\"c1dbe80\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6d7b4d8 elementor-widget elementor-widget-image\" data-id=\"6d7b4d8\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2023\/05\/Portofoliu-VMB-1024x1024.jpg\" class=\"attachment-large size-large wp-image-4537\" alt=\"\" srcset=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2023\/05\/Portofoliu-VMB-1024x1024.jpg 1024w, https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2023\/05\/Portofoliu-VMB-300x300.jpg 300w, https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2023\/05\/Portofoliu-VMB-150x150.jpg 150w, https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2023\/05\/Portofoliu-VMB-768x768.jpg 768w, https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2023\/05\/Portofoliu-VMB.jpg 1080w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-dfac0d9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"dfac0d9\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-d1d8144\" data-id=\"d1d8144\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-49cdb9c elementor-widget elementor-widget-heading\" data-id=\"49cdb9c\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Fear of borrowing<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-c133f3d\" data-id=\"c133f3d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0fff1d4 elementor-reverse-mobile elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0fff1d4\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-379166d\" data-id=\"379166d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d3557f1 elementor-widget elementor-widget-text-editor\" data-id=\"d3557f1\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>The grant-funded projects build in the minds of mayors and local mayors the idea that the State or the European Union must provide funding. Communism started from the idea of a better future, but today, this idea is a counterfactual mentality.<\/p><p>In Romania, fear of borrowing is common, as most mayors worry about paying interest and repaying the capital they borrowed.<\/p><ul><li>&#8220;I don&#8217;t borrow because there is no way I can pay it back&#8221;<\/li><li>&#8220;I don&#8217;t borrow because it would mean borrowing the future of the children of the citizens of my city&#8221;<\/li><li>&#8220;I don&#8217;t borrow because it remains for future local councils to pay back the loan&#8221;<\/li><li>&#8220;I don&#8217;t borrow because I&#8217;m not doing anything with the money&#8221;<\/li><li><p>In reality, the principle of social equity refers to infrastructure loans as a fair distribution of financial effort between generations.\u00a0<\/p><p>That&#8217;s why taking out a loan ensures a much faster development of the city for today&#8217;s citizens and tomorrow&#8217;s.<\/p><p>\u00a0<\/p><\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-2d2b323\" data-id=\"2d2b323\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7a9bbfe elementor-widget elementor-widget-video\" data-id=\"7a9bbfe\" data-element_type=\"widget\" data-settings=\"{&quot;youtube_url&quot;:&quot;https:\\\/\\\/www.youtube.com\\\/watch?v=c5lMakZB_w8&quot;,&quot;video_type&quot;:&quot;youtube&quot;,&quot;controls&quot;:&quot;yes&quot;}\" data-widget_type=\"video.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-wrapper elementor-open-inline\">\n\t\t\t<div class=\"elementor-video\"><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9018ba8 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9018ba8\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-top-column elementor-element elementor-element-0dc8bdc\" data-id=\"0dc8bdc\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3b1b352 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"3b1b352\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-4e840ab\" data-id=\"4e840ab\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e271da3 elementor-widget elementor-widget-heading\" data-id=\"e271da3\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">4 reasons why ATUs need a financial advisory firm<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-top-column elementor-element elementor-element-f6f0173\" data-id=\"f6f0173\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0f44a6a elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"0f44a6a\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c001f7b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c001f7b\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-top-column elementor-element elementor-element-280a024\" data-id=\"280a024\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3e340f8 elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"3e340f8\" data-element_type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"fas fa-lock\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f124ff3 elementor-widget elementor-widget-heading\" data-id=\"f124ff3\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Protecting the interests of ATU issuers<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f897767 elementor-widget elementor-widget-heading\" data-id=\"f897767\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<p class=\"elementor-heading-title elementor-size-default\">A specialized financial advisory firm exclusively represents the interests of issuers<\/p>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-top-column elementor-element elementor-element-24804c5\" data-id=\"24804c5\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-661f6cf elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"661f6cf\" data-element_type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"fas fa-stamp\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-38f1ee3 elementor-widget elementor-widget-heading\" data-id=\"38f1ee3\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Selling bonds on favorable terms<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-49280de elementor-widget elementor-widget-heading\" data-id=\"49280de\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<p class=\"elementor-heading-title elementor-size-default\">The financial adviser always attracts low-interest loans.<\/p>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-top-column elementor-element elementor-element-69384ea\" data-id=\"69384ea\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1dcedf8 elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"1dcedf8\" data-element_type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"fas fa-people-arrows\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a319371 elementor-widget elementor-widget-heading\" data-id=\"a319371\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">External department specialized in loans<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c855fa6 elementor-widget elementor-widget-heading\" data-id=\"c855fa6\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<p class=\"elementor-heading-title elementor-size-default\">In companies, there is a lack of skills in issuing bonds.\n<\/p>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-top-column elementor-element elementor-element-8f791b4\" data-id=\"8f791b4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0f8804f elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"0f8804f\" data-element_type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"fas fa-money-bill\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3ab618e elementor-widget elementor-widget-heading\" data-id=\"3ab618e\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Dedicated loan specialists<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a283e47 elementor-widget elementor-widget-heading\" data-id=\"a283e47\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<p class=\"elementor-heading-title elementor-size-default\">City hall or companies don't need a bank loan specialist every day.<\/p>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6bbfd70 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6bbfd70\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-a58152f\" data-id=\"a58152f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7cc96f6 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"7cc96f6\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-4bbea72\" data-id=\"4bbea72\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-461906e elementor-widget elementor-widget-heading\" data-id=\"461906e\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Why VMB Partners?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-cbbfe58\" data-id=\"cbbfe58\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3989ad6 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"3989ad6\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9542d16 elementor-reverse-mobile elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9542d16\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-5bf4bd7\" data-id=\"5bf4bd7\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7efcacf elementor-widget elementor-widget-text-editor\" data-id=\"7efcacf\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>VMB Partners is at the service of its clients, local public authorities and private companies, providing professional advisory services in order to attract the financial resources necessary for their development in the most advantageous conditions.<\/p><p>The company offers its clients access to a network of consultants with international exposure in areas such as local public administration, public finance, direct investments and capital markets.<\/p><p> Established in 1999, VMB Partners advised the first municipal bond issues in post-decembrist Romania and has realized numerous firsts in the financing of investment projects.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-adeefd5 elementor-tablet-align-center elementor-widget elementor-widget-button\" data-id=\"adeefd5\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/www.vmbpartners.ro\/en\/the-company\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">About VMB Partners<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-6c137f8\" data-id=\"6c137f8\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-79b6790 elementor-widget elementor-widget-video\" data-id=\"79b6790\" data-element_type=\"widget\" data-settings=\"{&quot;youtube_url&quot;:&quot;https:\\\/\\\/www.youtube.com\\\/watch?v=QF0XEsBoXyc&quot;,&quot;video_type&quot;:&quot;youtube&quot;,&quot;controls&quot;:&quot;yes&quot;}\" data-widget_type=\"video.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-wrapper elementor-open-inline\">\n\t\t\t<div class=\"elementor-video\"><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0141233 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0141233\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-d7d9b6a\" data-id=\"d7d9b6a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-74b904a elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"74b904a\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-3273274\" data-id=\"3273274\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ee9c025 elementor-widget elementor-widget-heading\" data-id=\"ee9c025\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What our customers say about us<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-1c3929f\" data-id=\"1c3929f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5917636 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"5917636\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-8a9f9e5 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8a9f9e5\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-a2aee51\" data-id=\"a2aee51\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4580eeb elementor-widget elementor-widget-text-editor\" data-id=\"4580eeb\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<em>We have been working with VMB Partners over the last 10 years to achieve important goals for Alba Iulia, such as attracting financing through bond issues, implementing the Alba Iulia Development Strategy, as well as obtaining a credit rating from an international rating agency, the latter being a novelty among Romanian municipalities. Always up to date with legislative changes, responding to our needs with innovative solutions and always interested in creating new products for local development, VMB Partners consultants have contributed significantly to the development of the municipality in multiple areas.<\/em>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2812cc0 elementor-widget elementor-widget-heading\" data-id=\"2812cc0\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Nicolaie Moldovan\n<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f40997e elementor-widget elementor-widget-text-editor\" data-id=\"f40997e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><em><b>City Manager<\/b><br>\nMunicipality of Alba iulia<\/em><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-cfa35ce elementor-hidden-mobile\" data-id=\"cfa35ce\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-cb78652\" data-id=\"cb78652\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6db7332 elementor-widget elementor-widget-text-editor\" data-id=\"6db7332\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><em>A local public authority often struggles to possess all the necessary information to make the best decision when it comes to securing the necessary funding and borrowing. That is why the municipality of Zal\u0103u turned to VMB Partners SA which assisted us throughout the entire financing procedure, from loan approval to conducting repeated negotiations with the lenders, in order to secure the lowest interest rates on the contracted loans. The VMB Partners SA team has dealt with the requests of the local authority with responsibility, professionalism and objectivity, demonstrating each time that it is a true &#8220;PARTNER&#8221;.<\/em><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-358d042 elementor-widget elementor-widget-heading\" data-id=\"358d042\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Mariana Cuibu\u0219<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-35a824b elementor-widget elementor-widget-text-editor\" data-id=\"35a824b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><em><b>Executive Manager of the Economic Department<\/b><br><br \/>Municipality of Zal\u0103u<\/em><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-784eac1 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"784eac1\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-402594e\" data-id=\"402594e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-be097d3 elementor-widget elementor-widget-text-editor\" data-id=\"be097d3\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<<p><em>Our collaboration with VMB Partners was focused on providing consultancy services for securing financing to achieve the municipality&#8217;s investment objectives. Throughout this collaboration, VMB Partners&#8217; staff has been involved in all stages of the funding process, thus ensuring the conditions necessary for Suceava to secure funding at the lowest possible cost.<\/em><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-922a296 elementor-widget elementor-widget-heading\" data-id=\"922a296\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Elisabeta V\u0103ideanu<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7bcc6cb elementor-widget elementor-widget-heading\" data-id=\"7bcc6cb\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Executive Manager, Municipality of Suceava\n<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-21d0c31 elementor-widget elementor-widget-text-editor\" data-id=\"21d0c31\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><em><b>Executive Manager<\/b><br \/>Municipality of Suceava<\/em><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-0473cf0 elementor-hidden-mobile\" data-id=\"0473cf0\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-34f426a\" data-id=\"34f426a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1c51467 elementor-widget elementor-widget-text-editor\" data-id=\"1c51467\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><em>VMB Partners&#8217; consultants are knowledgeable and always keep us up to date with new information they have access to. In every instance, they proved to be open, professional, and highly engaged in addressing issues encountered in the funding process where we sought their assistance.<\/em><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-39ba8cc elementor-widget elementor-widget-heading\" data-id=\"39ba8cc\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Gheorghina Ribovici\n<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5d7fe92 elementor-widget elementor-widget-text-editor\" data-id=\"5d7fe92\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><em><b><b>Executive Manager<\/b><br \/>Arad County Council<\/em><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7af6348 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7af6348\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-a5a0305\" data-id=\"a5a0305\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b22e70d elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"b22e70d\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-8236f12\" data-id=\"8236f12\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8034916 elementor-widget elementor-widget-heading\" data-id=\"8034916\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Our results<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-cb68a56\" data-id=\"cb68a56\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f0c5e5e elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"f0c5e5e\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a7c566a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a7c566a\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-aca54a3\" data-id=\"aca54a3\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c501ed2 elementor-widget__width-initial elementor-widget-mobile__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"c501ed2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Local authorities that have chosen VMB Partners have been able to borrow at the lowest cost on the market, which means more money for investment projects and less money to pay back the loan.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b130d3c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b130d3c\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-a1d20df\" data-id=\"a1d20df\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-cfdd73e elementor-widget elementor-widget-heading\" data-id=\"cfdd73e\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Interest on municipal bonds structured by VMB Partners<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7ff2bc2 elementor-widget elementor-widget-text-editor\" data-id=\"7ff2bc2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<table style=\"background-color: #fff; margin: 0;\">\n<thead>\n<tr>\n<th style=\"color: #fff; background-color: #003d7b;\" width=\"50%\">Issuer<\/th>\n<th style=\"color: #fff; background-color: #003d7b;\" width=\"25%\">Maturity (years)<\/th>\n<th style=\"color: #fff; background-color: #003d7b;\" width=\"25%\">Interest Rate(2021)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Municipality of Timi\u0219oara<\/tdd>\n<td>20<\/td>\n<td>1.47%<\/td>\n<\/tr>\n<tr>\n<td>Municipality of Alba Iulia<\/td>\n<td>20<\/td>\n<td>2.50%<\/td>\n<\/tr>\n<tr>\n<td>Municipality of T\u00eergu Mure\u0219<\/td>\n<td>20<\/td>\n<td>2.12%<\/td>\n<\/tr>\n<tr>\n<td>Municipality of Ia\u0219i<\/td>\n<td>21<\/td>\n<td>2.13%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-69d9a3f\" data-id=\"69d9a3f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3b3cd96 elementor-widget elementor-widget-heading\" data-id=\"3b3cd96\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Interest on other municipal and government bonds<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c4a7cda elementor-widget elementor-widget-text-editor\" data-id=\"c4a7cda\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<table style=\"background-color: #fff; margin: 0;\">\n<thead>\n<tr>\n<th style=\"color: #fff; background-color: #003d7b;\" width=\"50%\">Issuer<\/th>\n<th style=\"color: #fff; background-color: #003d7b;\" width=\"25%\">Maturity (years)<\/th>\n<th style=\"color: #fff; background-color: #003d7b;\" width=\"25%\">Interest Rate (2021)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td> Municipality of Bucharest<\/td>\n<td>10<\/td>\n<td>5.60%<\/td>\n<\/tr>\n<tr>\n<td>Ministry of Public Finance<\/td>\n<td>5<\/td>\n<td>4.65%<\/td>\n<\/tr>\n<tr>\n<td>Ministry of Public Finance<\/td>\n<td>3<\/td>\n<td>4.60%<\/td>\n<\/tr>\n<tr>\n<td>Ministry of Public Finance<\/td>\n<td>1<\/td>\n<td>4.00%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2ee70ac elementor-hidden-tablet elementor-hidden-mobile elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2ee70ac\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-5ce1c08\" data-id=\"5ce1c08\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-726d7c0 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"726d7c0\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-30d0723\" data-id=\"30d0723\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-54dbec2 elementor-widget elementor-widget-heading\" data-id=\"54dbec2\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Steps in our collaboration<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-e1398b0\" data-id=\"e1398b0\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-29eb533 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"29eb533\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d2a3256 elementor-reverse-mobile elementor-hidden-tablet elementor-hidden-mobile elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d2a3256\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-930c325\" data-id=\"930c325\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f286106 elementor-widget elementor-widget-text-editor\" data-id=\"f286106\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<\/p><p>Previewing financial documents and analyzing the debt capacity according to the set objectives and project lifecycle<\/p><\/p><p>Setting objectives according to the final goal of each client<\/p><\/p><p><b>In case of:<\/b><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f26ef2c elementor-tabs-view-horizontal elementor-widget elementor-widget-tabs\" data-id=\"f26ef2c\" data-element_type=\"widget\" data-widget_type=\"tabs.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-tabs\">\n\t\t\t<div class=\"elementor-tabs-wrapper\" role=\"tablist\" >\n\t\t\t\t\t\t\t\t\t<div id=\"elementor-tab-title-2541\" class=\"elementor-tab-title elementor-tab-desktop-title\" aria-selected=\"true\" data-tab=\"1\" role=\"tab\" tabindex=\"0\" aria-controls=\"elementor-tab-content-2541\" aria-expanded=\"false\">Bonds<\/div>\n\t\t\t\t\t\t\t\t\t<div id=\"elementor-tab-title-2542\" class=\"elementor-tab-title elementor-tab-desktop-title\" aria-selected=\"false\" data-tab=\"2\" role=\"tab\" tabindex=\"-1\" aria-controls=\"elementor-tab-content-2542\" aria-expanded=\"false\">Bank loan<\/div>\n\t\t\t\t\t\t\t\t\t<div id=\"elementor-tab-title-2543\" class=\"elementor-tab-title elementor-tab-desktop-title\" aria-selected=\"false\" data-tab=\"3\" role=\"tab\" tabindex=\"-1\" aria-controls=\"elementor-tab-content-2543\" aria-expanded=\"false\"> <br>Public-private partnership<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t<div class=\"elementor-tabs-content-wrapper\" role=\"tablist\" aria-orientation=\"vertical\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-tab-title elementor-tab-mobile-title\" aria-selected=\"true\" data-tab=\"1\" role=\"tab\" tabindex=\"0\" aria-controls=\"elementor-tab-content-2541\" aria-expanded=\"false\">Bonds<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-2541\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"tabpanel\" aria-labelledby=\"elementor-tab-title-2541\" tabindex=\"0\" hidden=\"false\"><p>1. Preparation of procurement documents for internationally recognized rating services such as Fitch, Standard &#038; Poor&#8217;s or Moody&#8217;s;<\/p>\n<p>2. Bond structuring which consists of aligning the financial interests of the issuer with the wishes of investors;<\/p>\n<p><p>3. Assistance in broker selection;<\/p>\n<\/p>\n<p>4. Obtaining CAIL authorization and making files for approval;<\/p>\n<p><p>5. Issue and sale of bonds;<\/p>\n<p>6. Listing on the Bucharest Stock Exchange;<\/p>\n<p>7. Hiring the services of a paying agent\/central depository.<\/p>\n<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-tab-title elementor-tab-mobile-title\" aria-selected=\"false\" data-tab=\"2\" role=\"tab\" tabindex=\"-1\" aria-controls=\"elementor-tab-content-2542\" aria-expanded=\"false\">Bank loan<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-2542\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"2\" role=\"tabpanel\" aria-labelledby=\"elementor-tab-title-2542\" tabindex=\"0\" hidden=\"hidden\"><p>1. The bank selection documentation;<\/p>\n<p>2. Assistance in bank selection and contract negotiation;<\/p>\n<p>3.. Obtaining CAIL authorization and making files for approval;<\/p>\n<p>4. Assistance with signing the contract.<\/p>\n<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-tab-title elementor-tab-mobile-title\" aria-selected=\"false\" data-tab=\"3\" role=\"tab\" tabindex=\"-1\" aria-controls=\"elementor-tab-content-2543\" aria-expanded=\"false\"> <br>Public-private partnership<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-2543\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"3\" role=\"tabpanel\" aria-labelledby=\"elementor-tab-title-2543\" tabindex=\"0\" hidden=\"hidden\"><p>1. Structuring the financing to accommodate the parties;<\/p>\n<p>2. Conducting the substantiation study and public-private comparator;<\/p>\n<p>3. Determination of financing parameters and possible scenarios, Monte Carlo simulations;<\/p>\n<p>4. Elaboration of the documentation for the selection of the investor;<\/p>\n<p>5. Establishing the legal framework through which the investment is made (share issuance, spv);<\/p>\n<p>6. Assistance in negotiating and signing the contract.<\/p>\n<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-69a291a\" data-id=\"69a291a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-98d3586 elementor-widget elementor-widget-image\" data-id=\"98d3586\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2023\/05\/Pasi-in-colaborarea-noastra-1024x1024.jpg\" class=\"attachment-large size-large wp-image-4538\" alt=\"\" srcset=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2023\/05\/Pasi-in-colaborarea-noastra-1024x1024.jpg 1024w, https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2023\/05\/Pasi-in-colaborarea-noastra-300x300.jpg 300w, https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2023\/05\/Pasi-in-colaborarea-noastra-150x150.jpg 150w, https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2023\/05\/Pasi-in-colaborarea-noastra-768x768.jpg 768w, https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2023\/05\/Pasi-in-colaborarea-noastra.jpg 1080w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-70650a7 elementor-hidden-desktop elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"70650a7\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-f71c5a4\" data-id=\"f71c5a4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d9f8e2b elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"d9f8e2b\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-69a0668\" data-id=\"69a0668\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-715d698 elementor-widget elementor-widget-heading\" data-id=\"715d698\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Steps in our collaboration<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-a6adc97\" data-id=\"a6adc97\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f1b2c64 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"f1b2c64\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e4b9961 elementor-reverse-mobile elementor-hidden-desktop elementor-hidden-tablet elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e4b9961\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-06f97f7\" data-id=\"06f97f7\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d5b0ea6 elementor-widget elementor-widget-text-editor\" data-id=\"d5b0ea6\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<\/p><p>Previewing financial documents and analyzing the debt capacity according to the set objectives and project lifecycle<\/p><\/p><p>Setting objectives according to the final goal of each client<\/p><\/p><p><b>In case of:<\/b><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e331946 elementor-tabs-view-horizontal elementor-widget elementor-widget-tabs\" data-id=\"e331946\" data-element_type=\"widget\" data-widget_type=\"tabs.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-tabs\">\n\t\t\t<div class=\"elementor-tabs-wrapper\" role=\"tablist\" >\n\t\t\t\t\t\t\t\t\t<div id=\"elementor-tab-title-2381\" class=\"elementor-tab-title elementor-tab-desktop-title\" aria-selected=\"true\" data-tab=\"1\" role=\"tab\" tabindex=\"0\" aria-controls=\"elementor-tab-content-2381\" aria-expanded=\"false\">Bonds<\/div>\n\t\t\t\t\t\t\t\t\t<div id=\"elementor-tab-title-2382\" class=\"elementor-tab-title elementor-tab-desktop-title\" aria-selected=\"false\" data-tab=\"2\" role=\"tab\" tabindex=\"-1\" aria-controls=\"elementor-tab-content-2382\" aria-expanded=\"false\">Bank loan<\/div>\n\t\t\t\t\t\t\t\t\t<div id=\"elementor-tab-title-2383\" class=\"elementor-tab-title elementor-tab-desktop-title\" aria-selected=\"false\" data-tab=\"3\" role=\"tab\" tabindex=\"-1\" aria-controls=\"elementor-tab-content-2383\" aria-expanded=\"false\"> <br>Public-private partnership<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t<div class=\"elementor-tabs-content-wrapper\" role=\"tablist\" aria-orientation=\"vertical\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-tab-title elementor-tab-mobile-title\" aria-selected=\"true\" data-tab=\"1\" role=\"tab\" tabindex=\"0\" aria-controls=\"elementor-tab-content-2381\" aria-expanded=\"false\">Bonds<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-2381\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"tabpanel\" aria-labelledby=\"elementor-tab-title-2381\" tabindex=\"0\" hidden=\"false\"><p>1. Preparation of procurement documents for internationally recognized rating services such as ICMA or ESG;<\/p>\n<p>2. Bond structuring which is about aligning the financial interests of the issuer with what the demand of the market;<\/p>\n<p>3. Assistance in broker selection;<\/p>\n<p>4. Bond issuance;<\/p>\n<p>5. Selling;<\/p>\n<\/p>\n<p>6. Listing.<\/p>\n<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-tab-title elementor-tab-mobile-title\" aria-selected=\"false\" data-tab=\"2\" role=\"tab\" tabindex=\"-1\" aria-controls=\"elementor-tab-content-2382\" aria-expanded=\"false\">Bank loan<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-2382\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"2\" role=\"tabpanel\" aria-labelledby=\"elementor-tab-title-2382\" tabindex=\"0\" hidden=\"hidden\"><p>1. The bank selection documentation;<\/p>\n<p>2. Assistance in bank selection and contract negotiation;<\/p>\n<p>3.. Obtaining a credit authorization and making files for approval;<\/p>\n<p><p>4. Assistance with signing the contract.<\/p>\n<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-tab-title elementor-tab-mobile-title\" aria-selected=\"false\" data-tab=\"3\" role=\"tab\" tabindex=\"-1\" aria-controls=\"elementor-tab-content-2383\" aria-expanded=\"false\"> <br>Public-private partnership<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-2383\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"3\" role=\"tabpanel\" aria-labelledby=\"elementor-tab-title-2383\" tabindex=\"0\" hidden=\"hidden\"><p>1. Structuring the financing to accommodate the parties;<\/p>\n<p>2. Conducting the substantiation study and public-private comparator;<\/p>\n<p>3. Determination of financing parameters and possible scenarios such as Monte Carlo simulation;<\/p>\n<p>4. Elaboration of the documentation for the selection of the investor;<\/p>\n<p>5. Establishing the legal framework through which the investment is made (share issuance, spv);<\/p>\n<p>6. Assistance in negotiating and signing the contract.<\/p>\n<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-41cfd0e\" data-id=\"41cfd0e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c5f7cac elementor-widget elementor-widget-image\" data-id=\"c5f7cac\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2023\/05\/Pasi-in-colaborarea-noastra-1024x1024.jpg\" class=\"attachment-large size-large wp-image-4538\" alt=\"\" srcset=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2023\/05\/Pasi-in-colaborarea-noastra-1024x1024.jpg 1024w, https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2023\/05\/Pasi-in-colaborarea-noastra-300x300.jpg 300w, https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2023\/05\/Pasi-in-colaborarea-noastra-150x150.jpg 150w, https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2023\/05\/Pasi-in-colaborarea-noastra-768x768.jpg 768w, https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2023\/05\/Pasi-in-colaborarea-noastra.jpg 1080w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-01b64db elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"01b64db\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-c100b78\" data-id=\"c100b78\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9e60f6a elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"9e60f6a\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-147dada\" data-id=\"147dada\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-586c3ea elementor-widget elementor-widget-heading\" data-id=\"586c3ea\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">VMB Partners in brief<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-9dea089\" data-id=\"9dea089\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1ca3d40 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"1ca3d40\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3e6dc3a3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3e6dc3a3\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-489bf097\" data-id=\"489bf097\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-292011f8 elementor-widget elementor-widget-heading\" data-id=\"292011f8\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<p class=\"elementor-heading-title elementor-size-default\">27<\/p>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3fe2d70b elementor-widget elementor-widget-heading\" data-id=\"3fe2d70b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<p class=\"elementor-heading-title elementor-size-default\">years of experience<\/p>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-3dcbe850\" data-id=\"3dcbe850\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5e64ae13 elementor-widget elementor-widget-heading\" data-id=\"5e64ae13\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<p class=\"elementor-heading-title elementor-size-default\">1.4<\/p>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4b147b35 elementor-widget elementor-widget-heading\" data-id=\"4b147b35\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<p class=\"elementor-heading-title elementor-size-default\">billions dollars of repayable financing<\/p>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-64a340a4\" data-id=\"64a340a4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7def9e6a elementor-widget elementor-widget-heading\" data-id=\"7def9e6a\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<p class=\"elementor-heading-title elementor-size-default\">50+<\/p>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7d2ec356 elementor-widget elementor-widget-heading\" data-id=\"7d2ec356\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<p class=\"elementor-heading-title elementor-size-default\">local public authorities served<\/p>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-54891cb elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"54891cb\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-047cd52\" data-id=\"047cd52\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-54db000 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"54db000\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-e2a5154\" data-id=\"e2a5154\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-915ad1b elementor-widget elementor-widget-heading\" data-id=\"915ad1b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">VMB Partners Services<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-0bf8298\" data-id=\"0bf8298\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-977c080 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"977c080\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-02af7dc elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"02af7dc\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3998da4\" data-id=\"3998da4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-182f8d3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"182f8d3\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-7a22c08\" data-id=\"7a22c08\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-25bbd51 eael-infobox-icon-bg-shape-none eael-infobox-icon-hover-bg-shape-none elementor-widget elementor-widget-eael-info-box\" data-id=\"25bbd51\" data-element_type=\"widget\" data-widget_type=\"eael-info-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t        <div class=\"eael-infobox icon-on-left\">\n\t            <div class=\"infobox-icon eael-icon-only\">\n\n            \n                            <div class=\"infobox-icon-wrap\">\n                                    <\/div>\n            \n            \n        <\/div>\n            <div class=\"infobox-content eael-icon-only\">\n                            <h2 class=\"title\">Bonds<\/h2>\n                                                                                                <p>Secure loans from the capital market to finance ambitious projects or refinance debt, at low interest rates and on advantageous terms<\/p>                                                <div class=\"infobox-button\">\n            <a class=\"eael-infobox-button\" href=\"\/bonds\/\">\n                                                            <i aria-hidden=\"true\" class=\"eael_infobox_button_icon_left fas fa-arrow-right\"><\/i>                                                    <span class=\"infobox-button-text\">Find out more<\/span>\n                            <\/a>\n        <\/div>\n                                    <\/div>\n            <\/div>\n\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-40398a4\" data-id=\"40398a4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a0effd3 eael-infobox-icon-bg-shape-none eael-infobox-icon-hover-bg-shape-none elementor-widget elementor-widget-eael-info-box\" data-id=\"a0effd3\" data-element_type=\"widget\" data-widget_type=\"eael-info-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t        <div class=\"eael-infobox icon-on-left\">\n\t            <div class=\"infobox-icon eael-icon-only\">\n\n            \n                            <div class=\"infobox-icon-wrap\">\n                                    <\/div>\n            \n            \n        <\/div>\n            <div class=\"infobox-content eael-icon-only\">\n                            <h2 class=\"title\">Bank loans<\/h2>\n                                                                                                <p>Obtain repayable loans from local or international banks, tailored to your needs and at optimal costs\n<br>\n<br><\/p>                                                <div class=\"infobox-button\">\n            <a class=\"eael-infobox-button\" href=\"\/bank-loans\">\n                                                            <i aria-hidden=\"true\" class=\"eael_infobox_button_icon_left fas fa-arrow-right\"><\/i>                                                    <span class=\"infobox-button-text\">Find out more<\/span>\n                            <\/a>\n        <\/div>\n                                    <\/div>\n            <\/div>\n\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-8210df3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8210df3\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-3061aaa\" data-id=\"3061aaa\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a878a83 eael-infobox-icon-bg-shape-none eael-infobox-icon-hover-bg-shape-none elementor-widget elementor-widget-eael-info-box\" data-id=\"a878a83\" data-element_type=\"widget\" data-widget_type=\"eael-info-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t        <div class=\"eael-infobox icon-on-left\">\n\t            <div class=\"infobox-icon eael-icon-only\">\n\n            \n                            <div class=\"infobox-icon-wrap\">\n                                    <\/div>\n            \n            \n        <\/div>\n            <div class=\"infobox-content eael-icon-only\">\n                            <h2 class=\"title\">Public-private partnership<\/h2>\n                                                                                                <p>Deliver successful public projects by involving investors\n<br>\n<br>\n<br><\/p>                                                <div class=\"infobox-button\">\n            <a class=\"eael-infobox-button\" href=\"\/public-private-partnership\">\n                                                            <i aria-hidden=\"true\" class=\"eael_infobox_button_icon_left fas fa-arrow-right\"><\/i>                                                    <span class=\"infobox-button-text\">Find out more<\/span>\n                            <\/a>\n        <\/div>\n                                    <\/div>\n            <\/div>\n\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-0177513\" data-id=\"0177513\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-dcecbce eael-infobox-icon-bg-shape-none eael-infobox-icon-hover-bg-shape-none elementor-widget elementor-widget-eael-info-box\" data-id=\"dcecbce\" data-element_type=\"widget\" data-widget_type=\"eael-info-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t        <div class=\"eael-infobox icon-on-left\">\n\t            <div class=\"infobox-icon eael-icon-only\">\n\n            \n                            <div class=\"infobox-icon-wrap\">\n                                    <\/div>\n            \n            \n        <\/div>\n            <div class=\"infobox-content eael-icon-only\">\n                            <h2 class=\"title\">Multi-annual capital investment planning<\/h2>\n                                                                                                <p>Ensure the successful implementation of your development strategy\n<br>\n<br><\/p>                                                <div class=\"infobox-button\">\n            <a class=\"eael-infobox-button\" href=\"\/capital-investment-investment-planning\">\n                                                            <i aria-hidden=\"true\" class=\"eael_infobox_button_icon_left fas fa-arrow-right\"><\/i>                                                    <span class=\"infobox-button-text\">Find out more<\/span>\n                            <\/a>\n        <\/div>\n                                    <\/div>\n            <\/div>\n\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-697203b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"697203b\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-5b0323e\" data-id=\"5b0323e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d941401 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"d941401\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-686281c\" data-id=\"686281c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-965eddb elementor-widget elementor-widget-heading\" data-id=\"965eddb\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">VMB Partners team<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-55d81cc\" data-id=\"55d81cc\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9210258 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"9210258\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-8a1dbf1 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8a1dbf1\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-top-column elementor-element elementor-element-8faed07\" data-id=\"8faed07\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9c8d47f elementor-widget elementor-widget-image\" data-id=\"9c8d47f\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/compania\/valentin-adrian-miron\/\">\n\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"535\" src=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2021\/12\/valentin.jpg\" class=\"attachment-large size-large wp-image-4543\" alt=\"\" srcset=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2021\/12\/valentin.jpg 800w, https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2021\/12\/valentin-300x201.jpg 300w, https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2021\/12\/valentin-768x514.jpg 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ce78ad9 elementor-widget elementor-widget-heading\" data-id=\"ce78ad9\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\"><a href=\"https:\/\/www.vmbpartners.ro\/en\/the-company\/valentin-adrian-miron\/\">Valentin Adrian Miron\n<\/a><\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4bc4eb9 elementor-widget elementor-widget-heading\" data-id=\"4bc4eb9\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<p class=\"elementor-heading-title elementor-size-default\">Chairman of the Board of\nDirectors, General Manager<\/p>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-top-column elementor-element elementor-element-4cc6c9b\" data-id=\"4cc6c9b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ce977c4 elementor-widget elementor-widget-image\" data-id=\"ce977c4\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/compania\/alexandru-popescu\/\">\n\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"535\" src=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2021\/12\/alex.jpg\" class=\"attachment-large size-large wp-image-4544\" alt=\"\" srcset=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2021\/12\/alex.jpg 800w, https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2021\/12\/alex-300x201.jpg 300w, https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2021\/12\/alex-768x514.jpg 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3c26e2a elementor-widget elementor-widget-heading\" data-id=\"3c26e2a\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\"><a href=\"https:\/\/www.vmbpartners.ro\/en\/the-company\/alexandru-popescu\/\">Alexandru Popescu\n<\/a><\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4d63ac0 elementor-widget elementor-widget-heading\" data-id=\"4d63ac0\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<p class=\"elementor-heading-title elementor-size-default\">Senior Partner, <br>Legal Manager<\/p>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-top-column elementor-element elementor-element-e0cbfe4\" data-id=\"e0cbfe4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9c92c45 elementor-widget elementor-widget-image\" data-id=\"9c92c45\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/compania\/gabriela-caluseru\/\">\n\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"535\" src=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2021\/12\/gabriela.jpg\" class=\"attachment-large size-large wp-image-4545\" alt=\"\" srcset=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2021\/12\/gabriela.jpg 800w, https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2021\/12\/gabriela-300x201.jpg 300w, https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2021\/12\/gabriela-768x514.jpg 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4f53e18 elementor-widget elementor-widget-heading\" data-id=\"4f53e18\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\"><a href=\"https:\/\/www.vmbpartners.ro\/en\/the-company\/gabriela-caluseru\/\">Gabriela C\u0103lu\u0219eru<\/a><\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dcdae01 elementor-widget elementor-widget-heading\" data-id=\"dcdae01\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<p class=\"elementor-heading-title elementor-size-default\">Senior Partner,<br>Expert in Local Public Finance<\/p>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-top-column elementor-element elementor-element-06782cc\" data-id=\"06782cc\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0d77dac elementor-widget elementor-widget-image\" data-id=\"0d77dac\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/compania\/mircea-tulea\/\">\n\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"535\" src=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2021\/12\/mircea.jpg\" class=\"attachment-large size-large wp-image-4546\" alt=\"\" srcset=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2021\/12\/mircea.jpg 800w, https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2021\/12\/mircea-300x201.jpg 300w, https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2021\/12\/mircea-768x514.jpg 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-803a76a elementor-widget elementor-widget-heading\" data-id=\"803a76a\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\"><a href=\"https:\/\/www.vmbpartners.ro\/en\/the-company\/mircea-tulea\/\">Mircea Tulea<\/a><\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0f313b5 elementor-widget elementor-widget-heading\" data-id=\"0f313b5\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<p class=\"elementor-heading-title elementor-size-default\">Senior expert in public administration and local public finance<\/p>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a6f05e0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a6f05e0\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-d3707f1\" data-id=\"d3707f1\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-23bfa02 elementor-widget elementor-widget-image\" data-id=\"23bfa02\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.vmbpartners.ro\/compania\/monica-bejan\/\">\n\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"535\" src=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2021\/12\/monica.jpg\" class=\"attachment-large size-large wp-image-4547\" alt=\"\" srcset=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2021\/12\/monica.jpg 800w, https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2021\/12\/monica-300x201.jpg 300w, https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2021\/12\/monica-768x514.jpg 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cc0ee34 elementor-widget elementor-widget-heading\" data-id=\"cc0ee34\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\"><a href=\"https:\/\/www.vmbpartners.ro\/en\/the-company\/monica-bejan\/\">Monica Bejan\n<\/a><\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ff6e49a elementor-widget elementor-widget-heading\" data-id=\"ff6e49a\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<p class=\"elementor-heading-title elementor-size-default\">Legal expert<\/p>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-0ab160f\" data-id=\"0ab160f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a4b9940 elementor-widget elementor-widget-image\" data-id=\"a4b9940\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"535\" src=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2021\/12\/oana.jpg\" class=\"attachment-large size-large wp-image-4548\" alt=\"\" srcset=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2021\/12\/oana.jpg 800w, https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2021\/12\/oana-300x201.jpg 300w, https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2021\/12\/oana-768x514.jpg 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1bc79de elementor-widget elementor-widget-heading\" data-id=\"1bc79de\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Oana P\u0103un<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6f6db00 elementor-widget elementor-widget-heading\" data-id=\"6f6db00\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<p class=\"elementor-heading-title elementor-size-default\">Financial and administrative department coordinator<\/p>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2470623 elementor-hidden-desktop elementor-hidden-tablet elementor-hidden-mobile elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2470623\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-72255b7\" data-id=\"72255b7\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-375f12c elementor-widget elementor-widget-heading\" data-id=\"375f12c\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Careers<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-049c068 elementor-widget elementor-widget-heading\" data-id=\"049c068\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<p class=\"elementor-heading-title elementor-size-default\">You and VMB Partners\n<\/p>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3c97881 elementor-widget elementor-widget-text-editor\" data-id=\"3c97881\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Ready to do more than you think you could? <br>At VMB Partners you find the inspiration and support to excel.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1b9fee4 elementor-mobile-align-center elementor-widget elementor-widget-button\" data-id=\"1b9fee4\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/www.vmbpartners.ro\/cariere\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Start here<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1abe327 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1abe327\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-949c275\" data-id=\"949c275\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ba889c7 elementor-widget elementor-widget-html\" data-id=\"ba889c7\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 style=\"color: #fff; font-weight: 700; font-size: 1.6em\">Subscribe to our newsletter <br>and watch the video<\/h5>\n<div>\n    \n    \n<!-- Begin Mailchimp Signup Form -->\n<div id=\"mc_embed_signup\">\n<form action=\"https:\/\/vmbpartners.us5.list-manage.com\/subscribe\/post?u=71e916e24b21ad3502673cf9b&amp;id=a52db1d906\" method=\"post\" id=\"mc-embedded-subscribe-form\" name=\"mc-embedded-subscribe-form\" class=\"validate\" target=\"_blank\" novalidate>\n    <div id=\"mc_embed_signup_scroll\">\n        \n        <div style=\"display: flex; width: 100%\">\n            <div class=\"mc-field-group\" style=\"flex: 1\">\n            \t<input type=\"email\" value=\"\" name=\"EMAIL\" placeholder=\"Your email address\" class=\"required email\" id=\"mce-EMAIL\" style=\"width: 100% !important\">\n            <\/div>\n            <div style=\"width: 15px\"><\/div>\n            <div class=\"clear\" style=\"flex: 0 100\">\n                <input type=\"submit\" value=\"View video\" name=\"subscribe\" id=\"mc-embedded-subscribe\" class=\"button\">\n            <\/div>\n        <\/div>\n\t\n\n<div class=\"mc-field-group input-group\" style=\"display: none !important\">\n    <strong>Inputs <\/strong>\n    <ul><li><input type=\"checkbox\" value=\"1\" name=\"group[382513][1]\" id=\"mce-group[382513]-382513-0\"checked><label for=\"mce-group[382513]-382513-0\">Multi-year planning<\/label><\/li><\/li>\n<li><input type=\"checkbox\" value=\"2\" name=\"group[382513][2]\" id=\"mce-group[382513]-382513-1\"><label for=\"mce-group[382513]-382513-1\">International financing<\/label><\/li><\/li>\n<li><input type=\"checkbox\" value=\"4\" name=\"group[382513][4]\" id=\"mce-group[382513]-382513-2\"><label for=\"mce-group[382513]-382513-2\">Public-private partnership<\/label><\/li><\/li>\n<\/ul>\n<\/div>\n\t<div id=\"mce-responses\" class=\"clear\">\n\t\t<div class=\"response\" id=\"mce-error-response\" style=\"display:none\"><\/div>\n\t\t<div class=\"response\" id=\"mce-success-response\" style=\"display:none\"><\/div>\n\t<\/div> <!-- real people should not fill this in and expect good things - do not remove this or risk form bot signups-->\n    <div style=\"position: absolute; left: -5000px;\" aria-hidden=\"true\"><input type=\"text\" name=\"b_71e916e24b21ad3502673cf9b_a52db1d906\" tabindex=\"-1\" value=\"\"><\/div>\n    <\/div>\n<\/form>\n<\/div>\n\n<!--End mc_embed_signup-->\n    \n    \n    \n\n<\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-d69f181\" data-id=\"d69f181\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-56bb8b2 elementor-widget elementor-widget-heading\" data-id=\"56bb8b2\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Why ATUs need <br>investment planning<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a4607ec elementor-widget elementor-widget-heading\" data-id=\"a4607ec\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Benefits of Investments and implementation <br>steps<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-bd424b7 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"bd424b7\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-b990e8a\" data-id=\"b990e8a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f7cac42 elementor-hidden-mobile elementor-widget elementor-widget-image\" data-id=\"f7cac42\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"96\" src=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2023\/05\/video1.jpg\" class=\"attachment-large size-large wp-image-4541\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-66 elementor-inner-column elementor-element elementor-element-23bad0b\" data-id=\"23bad0b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-38aacd2 elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"38aacd2\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Mircea Tulea<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d1185ca elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"d1185ca\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Senior expert in public administration and local public finance<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-cb23aed elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"cb23aed\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-ff359f6\" data-id=\"ff359f6\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-435424e elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"435424e\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-7917678\" data-id=\"7917678\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b918690 elementor-widget elementor-widget-heading\" data-id=\"b918690\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Perspectives<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-0c45ff9\" data-id=\"0c45ff9\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1fbe995 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"1fbe995\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-51bcbb7 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"51bcbb7\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f10c046\" data-id=\"f10c046\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7e70978 elementor-grid-eael-col-2 elementor-grid-tablet-eael-col-2 elementor-grid-mobile-eael-col-1 elementor-widget elementor-widget-eael-post-grid\" data-id=\"7e70978\" data-element_type=\"widget\" data-settings=\"{&quot;eael_post_grid_columns&quot;:&quot;eael-col-2&quot;,&quot;eael_post_grid_columns_tablet&quot;:&quot;eael-col-2&quot;,&quot;eael_post_grid_columns_mobile&quot;:&quot;eael-col-1&quot;}\" data-widget_type=\"eael-post-grid.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div id=\"eael-post-grid-7e70978\" class=\"eael-post-grid-container\">\n            <div class=\"eael-post-grid eael-post-appender eael-post-appender-7e70978 eael-post-grid-style-two\" data-layout-mode=\"grid\"><article class=\"eael-grid-post eael-post-grid-column\" data-id=\"4564\">\n        <div class=\"eael-grid-post-holder\">\n            <div class=\"eael-grid-post-holder-inner\"><div class=\"eael-entry-media\"><div class=\"eael-entry-overlay none\"><i class=\"fas fa-long-arrow-alt-right\" aria-hidden=\"true\"><\/i><a href=\"https:\/\/www.vmbpartners.ro\/en\/perspectives\/the-myth-of-grants\/\"><\/a><\/div><div class=\"eael-entry-thumbnail \">\n                                <img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"512\" src=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2022\/01\/bani-gratis-2-768x512.jpg\" class=\"attachment-medium_large size-medium_large wp-image-4565\" alt=\"The myth of grants\" srcset=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2022\/01\/bani-gratis-2-768x512.jpg 768w, https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2022\/01\/bani-gratis-2-300x200.jpg 300w, https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2022\/01\/bani-gratis-2-1024x683.jpg 1024w, https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2022\/01\/bani-gratis-2-1536x1024.jpg 1536w, https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2022\/01\/bani-gratis-2.jpg 1920w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\n                              <\/div>\n                      <\/div><div class=\"eael-entry-wrapper\"><header class=\"eael-entry-header\"><h3 class=\"eael-entry-title\"><a\n                                    class=\"eael-grid-post-link\"\n                                    href=\"https:\/\/www.vmbpartners.ro\/en\/perspectives\/the-myth-of-grants\/\"\n                                    title=\"The myth of grants\">The myth of grants<\/a><\/h3><\/header><div class=\"eael-entry-content\">\n                                    <div class=\"eael-grid-post-excerpt\"><p>In general, non-reimbursable funds, both European and national, have a number of shortcomings that lead to slow implementation of local investment projects or, not infrequently,...<\/p><\/div>\n                                <\/div><div class=\"eael-entry-header-after style-two\"><div class=\"eael-entry-meta\"><span class=\"eael-meta-posted-on\"><i class=\"far fa-clock\"><\/i><time datetime=\"January 14, 2022\">January 14, 2022<\/time><\/span><\/div><\/div><\/div><\/div>\n        <\/div>\n    <\/article><article class=\"eael-grid-post eael-post-grid-column\" data-id=\"4569\">\n        <div class=\"eael-grid-post-holder\">\n            <div class=\"eael-grid-post-holder-inner\"><div class=\"eael-entry-media\"><div class=\"eael-entry-overlay none\"><i class=\"fas fa-long-arrow-alt-right\" aria-hidden=\"true\"><\/i><a href=\"https:\/\/www.vmbpartners.ro\/en\/perspectives\/fear-of-borrowing-a-brake-on-romanias-development\/\"><\/a><\/div><div class=\"eael-entry-thumbnail \">\n                                <img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"512\" src=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2021\/12\/frica-imprumutului-768x512.jpg\" class=\"attachment-medium_large size-medium_large wp-image-4562\" alt=\"\" srcset=\"https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2021\/12\/frica-imprumutului-768x512.jpg 768w, https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2021\/12\/frica-imprumutului-300x200.jpg 300w, https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2021\/12\/frica-imprumutului-1024x683.jpg 1024w, https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2021\/12\/frica-imprumutului-1536x1024.jpg 1536w, https:\/\/www.vmbpartners.ro\/wp-content\/uploads\/2021\/12\/frica-imprumutului.jpg 1920w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\n                              <\/div>\n                      <\/div><div class=\"eael-entry-wrapper\"><header class=\"eael-entry-header\"><h3 class=\"eael-entry-title\"><a\n                                    class=\"eael-grid-post-link\"\n                                    href=\"https:\/\/www.vmbpartners.ro\/en\/perspectives\/fear-of-borrowing-a-brake-on-romanias-development\/\"\n                                    title=\"Fear of borrowing, a brake on Romania&#8217;s development\">Fear of borrowing, a brake on Romania&#8217;s development<\/a><\/h3><\/header><div class=\"eael-entry-content\">\n                                    <div class=\"eael-grid-post-excerpt\"><p>The almost exclusive use of non-repayable funds to finance projects of local interest may limit the perspective from which the development possibilities of Romanian communities...<\/p><\/div>\n                                <\/div><div class=\"eael-entry-header-after style-two\"><div class=\"eael-entry-meta\"><span class=\"eael-meta-posted-on\"><i class=\"far fa-clock\"><\/i><time datetime=\"January 14, 2022\">January 14, 2022<\/time><\/span><\/div><\/div><\/div><\/div>\n        <\/div>\n    <\/article><\/div>\n            <div class=\"clearfix\"><\/div>\n        <\/div>            <div class=\"eael-load-more-button-wrap eael-force-hide\">\n                <button class=\"eael-load-more-button\" id=\"eael-load-more-btn-7e70978\" data-widget-id=\"7e70978\" data-widget=\"7e70978\" data-page-id=\"4508\" data-template=\"{&quot;dir&quot;:&quot;lite&quot;,&quot;file_name&quot;:&quot;default.php&quot;,&quot;name&quot;:&quot;Post-Grid&quot;}\" data-class=\"Essential_Addons_Elementor\\Elements\\Post_Grid\" data-layout=\"grid\" data-page=\"1\" data-args=\"orderby=date&amp;order=desc&amp;ignore_sticky_posts=1&amp;post_status=publish&amp;posts_per_page=2&amp;offset=&amp;post_type=post&amp;tax_query%5B0%5D%5Btaxonomy%5D=category&amp;tax_query%5B0%5D%5Bfield%5D=term_id&amp;tax_query%5B0%5D%5Bterms%5D%5B0%5D=8&amp;tax_query%5Brelation%5D=AND\" data-max-page=\"4\">\n                    <span class=\"eael-btn-loader button__loader\"><\/span>\n                    <span class=\"eael_load_more_text\">Load More<\/span>\n                <\/button>\n            <\/div>\n            \t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-efe8d1a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"efe8d1a\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-336ce29\" data-id=\"336ce29\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b38ac0d elementor-align-center elementor-widget elementor-widget-button\" data-id=\"b38ac0d\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/www.vmbpartners.ro\/en\/perspectives\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Read More<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e6f695e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e6f695e\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-da994ce\" data-id=\"da994ce\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e1a0eec elementor-widget elementor-widget-heading\" data-id=\"e1a0eec\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<p class=\"elementor-heading-title elementor-size-default\">We know that a successful project means effort and dedication<\/p>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-931d633 elementor-widget elementor-widget-heading\" data-id=\"931d633\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<p class=\"elementor-heading-title elementor-size-default\">We're here to help<\/p>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-261367b elementor-align-center elementor-widget elementor-widget-button\" data-id=\"261367b\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/www.vmbpartners.ro\/contact\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Schedule a meeting<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-ac314c6\" data-id=\"ac314c6\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a743547 elementor-widget elementor-widget-heading\" data-id=\"a743547\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<p class=\"elementor-heading-title elementor-size-default\">More than ability, we value commitment and perseverance<\/p>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2f0c934 elementor-widget elementor-widget-heading\" data-id=\"2f0c934\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<p class=\"elementor-heading-title elementor-size-default\">Join our team<\/p>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c36b919 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"c36b919\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/www.vmbpartners.ro\/cariere\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Start here<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-719a562 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"719a562\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-55525be\" data-id=\"55525be\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>VMB PARTNERS &#8211; SOLUTIONS FOR THE DEVELOPMENT OF ROMANIA How do you get funding for ATU projects? VMB Partners provides independent, borrower-oriented financial advice. Bond<\/p>\n","protected":false},"author":1,"featured_media":4535,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"site-sidebar-layout":"no-sidebar","site-content-layout":"page-builder","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","theme-transparent-header-meta":"enabled","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"class_list":["post-4508","page","type-page","status-publish","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.vmbpartners.ro\/en\/wp-json\/wp\/v2\/pages\/4508","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vmbpartners.ro\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.vmbpartners.ro\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.vmbpartners.ro\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vmbpartners.ro\/en\/wp-json\/wp\/v2\/comments?post=4508"}],"version-history":[{"count":34,"href":"https:\/\/www.vmbpartners.ro\/en\/wp-json\/wp\/v2\/pages\/4508\/revisions"}],"predecessor-version":[{"id":5106,"href":"https:\/\/www.vmbpartners.ro\/en\/wp-json\/wp\/v2\/pages\/4508\/revisions\/5106"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vmbpartners.ro\/en\/wp-json\/wp\/v2\/media\/4535"}],"wp:attachment":[{"href":"https:\/\/www.vmbpartners.ro\/en\/wp-json\/wp\/v2\/media?parent=4508"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}