SME
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Romania Ranks 17th In EU By Value Added In SMEs, Last By Active Firms
Romania ranks 17th in the European Union in terms of total value added of small and medium-sized enterprises (SMEs) and last by the number of active SMEs, according to a survey by the Post-P...
SMEs In Manufacturing Could Get EUR100,000 State Aid As Of 2015
Small and medium-sized manufacturing businesses could benefit from a state aid scheme wherein they could receive as much as EUR100,000, under a EUR250 million program the Ministry for SMEs s...
Energy Minister Concerned SMEs Will End Up Using Imported, More Expensive Natural Gas
Romanian minister-delegate for Energy Razvan Nicolescu expressed concern Thursday that imported, more expensive natural gas might end up being used only by small and medium-sized businesses,...
Romanian Minister Wants SME Budget For 2015 To Nearly Triple To RON160M
Romania's minister for small and medium-sized enterprises (SMEs), Florin Jianu, on Thursday proposed the Finance Ministry to boost the budget needed to finance SMEs, from the current RON60 m...
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 Strategy Sees SME Numbers Rising By Nearly 200,000 By 2020
Romania's government strategy for the development of small and medium-sized businesses (SMEs) sees the number of SMEs growing by 200,000 by 2020, from 474,000 active SMEs at present.
Guarantee Fund Pledged Guarantees Of RON1.8B For 6,200 SMEs In January-August
Romania's national guarantee fund for small and medium sized businesses (FNGCIMM) gave guarantees totaling RON1.8 billion to 6,200 SMEs in January-August, 88% of which were used to finance w...
ING: We'll Continue To Invest In Romania, Focus On SME And Retail
Dutch-held financial group ING will continue to invest in Romania, directing its resources mainly towards the small and medium-sized enterprise area and towards retail in an attempt to stren...
Garanti Bank’s Loans To SMEs Up 20% Per Year Between 2010-2014
Garanti Bank registered a 20% annual average growth of the loans granted to small and medium-sized enterprises between 2010 and 2014, reaching EUR300 million in June, out of which 12% of loa...