As per the report, financing is worrisome for SMEs considering that eight in ten firms resort to self-financing.

„We could try, together with the Finance Ministry and the Ministry for Business Environment, Commerce and Entrepreneurship, to implement some financing elements useful for entrepreneurs who, for various reasons, fail to get the money they need. If eight in ten entrepreneurs fail to self-finance through a classic banking program, then, this is a problem”, said Florin Jianu, president of Romania’s National Council of Romanian Small and Medium-sized Enterprises, or CNIPMMR,

The report also shows it is encouraging that three in ten Romanian entrepreneurs deem the evolution of the business environment as positive in 2018, which is the highest percentage measured since 2010.

The event was attended, among others, by the United States Ambassador to Romania, Hans Klemm, the Minister for Business Environment, Commerce and Entrepreneurship, Stefan-Radu Oprea, and Finance Minister Eugen Teorodorvici.