FINANCING
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Garanti BBVA Leasing Gets EUR7M From EFSE To Grant Financing To SMEs In Romania
The European Fund for Southeast Europe (EFSE), backed by the German Government and the European Commission, has granted a loan of EUR7 million to the company Garanti BBVA Leasing to provide...
Raiffeisen Bank Finances 112 Local Startups with EUR4 M
Raiffeisen Bank has completed the third edition of a program in which it funds local startups regardless of field of activity and has accepted 112 businesses for financing with a maximum bud...
Total Financing Volume Guaranteed Via IMM Invest Program Tops RON10B In Two Months
Nearly two months since the start of the government's IMM Invest program for small and medium-sized enterprises (SMEs), the banks enrolled in the program have approved 11,589 applications fr...
UiPath Raises $225M In New Funding Round, Company Valued At Over $10B
UiPath, a start-up founded in Romania in 2015 that is currently a leading robotic process automation software company, announced on Monday that it has closed a $225 million funding round tha...
Raiffeisen Bank Approves 1,000 Loans Worth RON500M Via IMM Invest Romania Program
Raiffeisen Bank has approved 1,000 loans through the IMM Invest government program, in the amount of RON500 million.
EBRD, EIB Grant EUR12.5M Financing To Romania’s Agricover Credit IFN
Agricover Credit IFN, a subsidiary of Agricover Holding, has received a financing of EUR12.5 million from the European Bank for Reconstruction and Development (EBRD) and the European Investm...
Romania Earmarks RON50M For Export Promotion Program
Romania’s Ministry of Economy, Energy and Business Environment has adopted, through a Minister Order, the implementation of de minimis aid schemes for the export promotion program regarding...
Impuls Leasing Expects To Finance RON960M Worth Of Assets In 2020, Down 35% Vs 2019
Financial leasing firm Impuls Leasing, the local subsidiary of Austria’s Impuls Leasing Group, expects to finance assets worth RON960 million in 2020, down nearly 35% from 2019, per company...
Romania Unwilling to Access Conditional International Loans
Romania's finance ministry is looking at all financing options from international lenders – IMF, EBRD, World Bank – but will not access any loan with conditions attached, finance minister Fl...