SME
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eJobs: SME Employees in Romania Earn EUR700 on Average
The average monthly salary of employees in SMEs in Romania is currently around EUR700, according to a poll by eJobs Romania.
Entrepreneurs: We Need Long-Term Loans, Banks Turn Us Down
Securing long-term loans for more than 15 years from banks to make investments in equipment or to buy buildings to operate in, is hard and the 6% interest is too high compared with Western E...
Five Romanian Private Equity Funds Have Over EUR150M for Local SMEs
Morphosis Capital, Black Sea Fund, GapMinder, Early Game Ventures, ROCA- five private equity firms created by Romanians in the last few years, have raised more than EUR150 million for invest...
EIB Grants EUR22.3M Loan To Garanti Bank Romania To Support Local SMEs
The European Investment Bank (EIB) is lending EUR22.3 million to Garanti Bank Romania to support businesses in Romania. EUR5 million of the loan amount is devoted to female entrepreneurs, ma...
EBRD Gives EUR15M Loan to Libra Internet Bank to Fund SMEs
The European Bank for Reconstruction and Development (EBRD) is providing a EUR15 million loan to Libra Internet Bank, its newest partner lender in Romania, to increase its support for the de...
Omniasig: Growth Opportunities To Come From SME And Retail Segments In 2018
Growth opportunities for local insurers this year will come from small and medium-sized companies, an insufficiently tapped segment, and the from the retail segment, says Mihai Tecau, CEO of...
EIB Lends EUR50M to UniCredit Bank For SME Funding
The European Investment Bank (EIB) has signed with UniCredit Bank a loan agreement for EUR50 million, marking the first financing deal with a local commercial bank to fall under the framewor...
Romanian Banca Transilvania Grants EUR100M EU-Guaranteed Loans to SMEs
Romanian lender Banca Transilvania will grant up to EUR100 million in EU-guaranteed loans to small and medium-sized enterprises (SMEs) under an agreement with the European Investment Fund.
97.5% of SMEs Expect Split VAT Will Hurt Their Business
A split VAT payment system and tax authorities' inability to manage it on a national level will prompt financial blockages and higher financing costs for companies, especially small and medi...