Ordina Refinances But Forgets To Innovate

Last week Dutch newspaper De Telegraaf reported that Ordina negotiated a refinance of their outstanding debt with ABN and ING worth €30 million. It is not the first time Ordina negotiated a deal with the banks. Back in 2009 it badly needed credit and got €120 million from ING, ABN, NIBC and RABO. To settle…