FINANCING
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Romanian Deep-Tech Startup Humans Attracts EUR330,000 Financing
Romanian deep technology startup Humans has attracted a financing of EUR330,000 that will be used to develop an innovative technology able to generate synthetic (AI-created) media. The bigge...
BRD Groupe Société Générale Expects To Grant RON1.38B Loans Via IMM Invest Romania Program In 2020
BRD Groupe Société Générale expects to grant financing of RON1.38 billion in 2020 through the IMM Invest Romania government program aimed at supporting companies in financial distress due to...
Central Bank Gov Says Peak Tension Caused by Covid-19 Crisis in Finance Has Passed
The peak tensions generated by the Covid-19 crisis in the monetary, banking and financial sectors has been overcome and cash withdrawals have dropped significantly in recent days after a rec...
Black Sea Trade Bank To Refocus EUR900M To Assist Pandemic—Hit Sectors
The Black Sea Trade and Development Bank said in a statement it intends to refocus its financing of approximately EUR900 million, planned for new operations in 2020, to assist the sectors an...
Serban Group Of Firms Gets RON24M Financing From OTP Bank To Develop Its Current Activity
Serban group of firms , active in the field of agribusiness and established in 1994 by Nicolae Serban in Onesti, has contracted a financing of RON24 million from OTP Bank, in order to develo...
FintechOS Attracts $14M Financing To Continue Fast Growth Pace
Start-up firm FintechOS, a spin-off from local company Softelligence, specialized in developing digital transformation solutions for the financial industry, has attracted a new financing, of...
Frisbo Assessed at EUR6M After EUR1.2M Investment
Frisbo, the first full provider of e-fulfillment services in Romania, which takes over depositing and processing the orders of online shops, received an investment of EUR1.2 million in a fin...
BRD Signs New Guarantee Agreement With EIF To Grant RON182M Financing To SMEs In Romania
BRD Groupe Société Générale has concluded a new guarantee agreement with the European Investment Fund (EIF) whereby it puts at the disposal of small- and medium-sized enterprises (SMEs) in R...
BT Mic Granted Financing To 10,000 Firms In Last Two Years
Non-banking financial institution BT Mic, a company of lender Banca Transilvania, which is engrossed in financing small businesses, has granted financing to 10,000 firms over the last two an...