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FINANCING

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Banca Comerciala Romana To Grant Over RON1.23B Financing To SMEs
Banks-Insurance

Banca Comerciala Romana To Grant Over RON1.23B Financing To SMEs

The European Investment Fund (EIF) and Banca Comerciala Romana (BCR) told a press statement that they had signed an additional document extending the guarantee agreement within the SME Initi...

Ecaterina Craciun · 25.09.2019 · 13:53 · 1 min
Banca Transilvania Grants Financing of Up To EUR50,000 To 10,000 SMEs And Startups In Romania
Banks-Insurance

Banca Transilvania Grants Financing of Up To EUR50,000 To 10,000 SMEs And Startups In Romania

Banca Transilvania, the largest lender in Romania by assets at the end of 2018, has granted financing of up to EUR50,000 to 10,000 small and medium-sized enterprises (SMEs) in Romania, throu...

Ecaterina Craciun · 22.07.2019 · 15:08 · 1 min
Investment Projects Worth RON3B Under Construction In 16 Romanian Counties
Companies

Investment Projects Worth RON3B Under Construction In 16 Romanian Counties

Twenty-eight investment projects, worth a total RON3 billion and creating 4,500 new jobs, got the green light to receive state aid between November 2018 and April 2019, as per a document rel...

Ecaterina Craciun · 25.06.2019 · 14:23 · 1 min
Romania Approved RON1.1B State Aid For 28 Investment Projects Between Sept 2018 And April 2019
Companies

Romania Approved RON1.1B State Aid For 28 Investment Projects Between Sept 2018 And April 2019

The Finance Ministry approved financing agreements for 28 investment projects, between September 2018 and April 2019, through a state aid scheme worth a total RON1.1 billion, which will gene...

Ecaterina Craciun · 22.05.2019 · 17:51 · 1 min
BRD Sogelease Grants Financing Of RON136M In 1Q/2019, Up 12% YoY
Companies

BRD Sogelease Grants Financing Of RON136M In 1Q/2019, Up 12% YoY

BRD Sogelease, the leasing subsidiary of Romanian lender BRD - Groupe Societe Generale, on Tuesday said it granted new financing of RON136 million in January-March 2019, up 12% compared to t...

Ecaterina Craciun · 21.05.2019 · 19:40 · 1 min
UiPath Raises $568 Million in New Funding Round, Company Valued at $7B
Technology &Telecoms

UiPath Raises $568 Million in New Funding Round, Company Valued at $7B

UiPath, a start-up founded in Romania in 2015 that is currently a leading robotic process automation software company announced it raised a record financing amount that hikes its valuation t...

Oana Gavrila · 30.04.2019 · 15:48 · 1 min
More Than 20,000 Firms In Romania May Get EUR3M To EUR25M Financing From Poland’s CVI
Companies

More Than 20,000 Firms In Romania May Get EUR3M To EUR25M Financing From Poland’s CVI

Polish private debt company Credit Value Investments (CVI), with a EUR200 million budget earmarked for investments in the sector of small and medium-sized enterprises (SMEs) in Romania, for...

Ecaterina Craciun · 25.04.2019 · 16:11 · 1 min
Romania Grants RON151M State Aid to Nine Investment Projects
Companies

Romania Grants RON151M State Aid to Nine Investment Projects

Romania's finance ministry has signed nine financing agreements granting state aid totaling RON151.1 million to nine investment projects through a support scheme for large investments in the...

Oana Gavrila · 24.04.2019 · 13:57 · 1 min
MOL Romania Provides RON700,000 To Finance Several Environmental Protection Projects
Companies

MOL Romania Provides RON700,000 To Finance Several Environmental Protection Projects

MOL Romania, the local division of Hungarian oil group MOL, provides nearly RON700,000 for the implementation of some environmental protection projects.

Ecaterina Craciun · 18.04.2019 · 16:13 · 1 min