FUNDING
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BAC Investment Handles EUR25M IIB Funding For Romcab
Romanian cable maker Romcab got EUR25 million funding from the International Investment Bank, with the operation being handled by BAC Investment.
BCR Leasing Wants To Go Beyond EUR100M In Funding This Year
BCR Leasing, a top ten player on Romania’s leasing market, forecasts a 50% increase in the volume of granted financing this year, from almost EUR71 million (RON315 million) in 2014, accordin...
Netopia Founder Gets $2M Funding For Mobilender
Romanian IT&C entrepreneur Antonio Eram raised a $2 million in capital from a group of investors of Mexico and the US for Mobilender, a mobile application developed by his company, Netopia,...
Certinvest Wants To Raise EUR5M On Stock Market To Fund SMEs
Asset manager Certinvest, the largest independent investment fund manager in Romania, plans to raise EUR5 million via an investment firm listed on the stock market and use the money to finan...
Government Reassigns First Home Funding Unused By Housing Agency
Romania's government has reassigned funding left unused from the RON500 million guarantee budget for housing built by the National Housing Agency (ANL) under the "First Home" mortgage lendin...
Romania's Leasing Market Up Over 20% In First Half
The leasing market grew by more than 20% in the first half driven by funding for vehicle purchases, while the equipment segment has yet to make a visible impact.
Romania’s Leasing Companies Release 20% More Funding In 1H
Leasing companies in Romania granted new funding worth EUR664 million in the first six months of the year, up 22% from the same period of last year, according to data provided by ALB Romania...
Alumil Gets RON9.7M Non-Reimbursable Funding For HR Program
Romanian aluminum processor Alumil Rom Industry (ALU.RO) signed a RON10.2 million contract, of which nearly RON9.7 million will be non-reimbursable EU funding through the human resources dev...
Bankers In Romania Expect Bond Market Revival
The market is flush with cash and its price has never been so low. Thus, the Romanian market is not having a cash issue now, but it’s coping with a loan demand shortage. On the other hand, b...