SME
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OTP Gets EUR25M From EIB To Fund SMEs
OTP, a mid-sized player in the banking sector, controlled by Hungary’s largest financial group OTP, got a financing line of EUR25 million from the European Investment Bank (EIB), which will...
UniCredit Tiriac Bank Lent EUR86M To SMEs Under JEREMIE Program
Romanian lender UniCredit Tiriac Bank gave 326 new loans for investments to small and medium-sized businesses (SMEs), amounting to EUR85.7 million, through the JEREMIE program.
SMEs May Get EUR100M Loans With Low Guarantees Via JEREMIE Program
Small and medium-sized enterprises (SMEs) in Romania may get EUR100 million loans for investments and working capital with subsidized interests and low guarantees from five banks, after Roma...
Dell Relies On SME Sector For Growth In Romania
US computer technology company Dell wants to gain ground in Romania with its entire range of IT solutions for small and medium-sized companies and for major corporations.
Manufacturing SMEs Employ More Than 800,000 People
Only one out of nine small and medium-sized enterprises in Romania has manufacturing as its core business, according to ZF’s calculations based on the European Commission 2014 estimates.
Entrepreneur: Small Companies Need Cheaper Loans
Banks need to be more flexible with the small entrepreneurs and make loans cheaper, because they are two or three times more expensive than in other European countries Romania is in direct c...
"Small Business Support" For SMEs To Continue Five More Years With EBRD Financing
The "Small Business Support" program, which easier contact between small and medium sized enterprises and business consultancy services will continue in Romania for five more years, with EBR...
Banca Transilvania Targets 8% Growth In SME Lending This Year
Banca Transilvania (TLV.RO) targets an increase of 8% in loans granted to small and medium-sized businesses, to RON10.8 billion, from RON6.83 billion last year.
UPS Relies On SME Contracts For Growth In Romania
US global package delivery company UPS will rely on shipping and logistics contracts with small and medium-sized enterprises for growth in Romania in 2015, says Tim Helsen, UPS country manag...