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FUNDING

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BRD CEO: Funding Via IMM Invest Program Reaches RON930M
Banks-Insurance

BRD CEO: Funding Via IMM Invest Program Reaches RON930M

BRD-SocGen approved 1,861 applications within the government-guaranteed IMM Invest program in 2020, with the value of financing reaching RON930 million, per data presented by François Bloch,...

Ecaterina Craciun · 10.02.2021 · 13:35 · 1 min
UiPath Raises $750M In New Funding Round, Company Valued At $35B
Technology &Telecoms

UiPath Raises $750M In New Funding Round, Company Valued At $35B

UiPath, a start-up founded in Romania, that is currently one of the global leaders of the robotics software industry, announced on Monday that it closed a new Series F funding, worth $750 mi...

Ecaterina Craciun · 02.02.2021 · 10:44 · 1 min
Over 7,400 SMEs Got Funding Totaling RON6.2B via Government Program
Banks-Insurance

Over 7,400 SMEs Got Funding Totaling RON6.2B via Government Program

Romania has approved 7,418 loans totaling over RON6.2 billion through the government's IMM Invest program for SMEs by Tuesday, the national guarantee fund said.

Oana Gavrila · 23.06.2020 · 16:36 · 1 min
Finance Minister: Over 3,083 Firms In Romania Got Funding Via IMM Invest; Loans Granted Amount To RON2.45B
Companies

Finance Minister: Over 3,083 Firms In Romania Got Funding Via IMM Invest; Loans Granted Amount To RON2.45B

Romanian finance minister Florin Citu said Thursday that over 3,000 entrepreneurial companies in Romania had received financing through the IMM Invest government program.

Ecaterina Craciun · 04.06.2020 · 18:59 · 1 min
582 Companies Got RON500M Funding Through IMM Invest
Banks-Insurance

582 Companies Got RON500M Funding Through IMM Invest

Out of the 59,000 companies which applied for funding via the IMM Invest program, 582 have already secured RON500 million, says Dumitru Nancu, general manager of the National Loan Guarantee...

Loredana Frățilă-Cristescu · 25.05.2020 · 09:00 · 1 min
FintechOS: We Expect EUR50M To EUR100M Funding Round Next Year
Technology &Telecoms

FintechOS: We Expect EUR50M To EUR100M Funding Round Next Year

Startup FintechOS, which specializes in development of digital transformation solutions for the financial industry, expects EUR50 million to EUR100 million funding next year to support its g...

Loredana Frățilă-Cristescu · 16.12.2019 · 06:00 · 1 min
Difficult Mission for Finance Ministry at Yearend: Funding the Deficit
Macroeconomics

Difficult Mission for Finance Ministry at Yearend: Funding the Deficit

Raising the budget deficit from 2.8% to 4.3% of GDP, which the Finance Ministry proposed to be able to close 2019 books, was easy on paper. Now it has to find the money to fund this deficit...

Loredana Frățilă-Cristescu · 28.11.2019 · 10:40 · 1 min
Companies

Winnow Raises $20M To Drive Global Fight Against Food Waste

Winnow, a startup using artificial intelligence (AI) to cut waste in the food services industry, has announced that is has raised $20 million funding in the last month, in part through a ser...

Oana Gavrila · 17.10.2019 · 18:23 · 1 min
83 Startups To Get Over EUR3M Funding Through Factory By Raiffeisen Bank Program
Banks-Insurance

83 Startups To Get Over EUR3M Funding Through Factory By Raiffeisen Bank Program

83 startups in Romania are to get funding of over EUR3 million through the factory by Raiffeisen Bank program, which was developed by the lender and has reached its second edition this year.

Ecaterina Craciun · 19.06.2019 · 13:58 · 1 min