MICRO ENTERPRISES
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UniCredit Aims to Expand Funding on CEE Market of Micro-Enterprises and Small Companies
UniCredit wants to increase funding on the market of micro-enterprises and small companies, earmarking in 2025 for CEE, hence for Romania as well, a total of EUR2.3 billion via various form of lending, products and services for 9,000 such businesses.
UniCredit Bank Unveils Lending Solution For Micro-Enterprises in Romania
UniCredit Bank is introducing in its portfolio a lending solution for micro-enterprises in Romania with a turnover of maximum EUR1 million.
EIF And Agricover Credit Agree To RON45M (EUR9.1M) Financing For Agri-business Micro-enterprises In Romania
The European Investment Fund (EIF) has signed a RON45 million (EUR9.1 million) loan with Agricover Credit, the main specialized financial services provider for farmers in the Romanian market...
Instant Factoring Survey: Micro-Enterprises Had a Debt Ratio of 73% in 2018
Micro-enterprises in Romania have difficulty in maintaining a positive financial situation and their debt ratio – debt to assets – reached 73% in 2018, a survey by Instant Factoring showed W...
Micro-Enterprises Account for 10% of Turnover of Romanian Businesses, Employ 23% of Workforce
Romania's SME sector included 511,800 active micro-enterprises in 2017 with a total turnover of RON139.1 billion and 1.1 million employees, a study by Instant Factoring showed Wednesday.
Tax Code Draft: Micro-Enterprises With No Employees To Pay Extra Tax
Micro-enterprises will have to pay a tax even if they don't have any employees and firms with one or more employees will pay 3% and 1% of their turnover, respectively, while firms with no em...
EXCLUSIVE: Romania Lowers Revenue Cap For Micro-Enterprises Exempt From Profit Tax As of 2014
The Romanian government will lower the revenue cap on micro-enterprises from EUR65,000 to around EUR50,000 (RON220,000) to get more firms into the tier of businesses that pay taxes on profit...
Romania Plans To Lower Revenue Cap For Micro-Enterprises Exempt From Profit Tax
The Romanian government plans to lower the revenue cap on micro-enterprises from EUR65,000 to around EUR50,000 to get more firms into the tier of businesses that pay taxes on profit, accordi...