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SME

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Banks-Insurance

SMEs Fully Subscribe RON2 Billion State-Guarantee

Romanian small and medium-sized enterprises fully subscribed the state guarantee worth 2 billion lei (EUR441 million) granted within the program guaranteeing SME loans in the first week from...

Gabriela Stan · 24.01.2014 · 12:28 · 1 min
BRD To Lend EUR20 Million To SMEs Via JEREMIE Program
Banks-Insurance

BRD To Lend EUR20 Million To SMEs Via JEREMIE Program

Romanian lender BRD-Groupe Societe Generale (BRD.RO) will grant loans totaling EUR20 million to small and medium-sized enterprises based on a loan agreement signed with the European Investme...

Gabriela Stan · 20.01.2014 · 12:47 · 1 min
Central Bank: SMEs Are Not Taking Out Loans Because Of Too High Interest Rates
Banks-Insurance

Central Bank: SMEs Are Not Taking Out Loans Because Of Too High Interest Rates

Almost half the small and medium-sized enterprises in Romania surveyed by central bank BNR says they are not eager to take out bank loans because of too high costs.

Daniela Stoican · 16.12.2013 · 00:00 · 1 min
SMEs May Use State-Guaranteed Loans Only For Working Capital
Banks-Insurance

SMEs May Use State-Guaranteed Loans Only For Working Capital

Romanian small and medium-sized enterprises (SMEs) that access a state-supported program that guarantees loans for SMEs may use the funds drawn from credit lines exclusively to finance worki...

Ioana Tudor · 27.11.2013 · 17:34 · 1 min
Government Approves Emergency Decree On State Guarantees For SMEs
Banks-Insurance

Government Approves Emergency Decree On State Guarantees For SMEs

Romania’s Government on Wednesday approved an emergency decree that will allow small and medium-sized businesses to access credit lines for working capital of up to RON5 million for a two-ye...

Oana Gavrila · 09.10.2013 · 18:44 · 1 min
Romanian State To Guarantee 50% Of Loans Of Up To RON5M To SMEs
Banks-Insurance

Romanian State To Guarantee 50% Of Loans Of Up To RON5M To SMEs

Small and medium-sized businesses will be able to access credit lines for working capital of up to RON5 million for a two-year period that will be 50% guaranteed by the state, under a propos...

Oana Gavrila · 07.10.2013 · 17:19 · 1 min
Esop: Office Space Demand By Firms In Romania Up 14% In January-September
Real Estate

Esop: Office Space Demand By Firms In Romania Up 14% In January-September

Office space demand by midcap companies in Romania rose 14% in the first nine months of 2013, and 54% of them are disposed to pay monthly rent of up to EUR11/square meter, according to real...

Ioana Tudor · 30.09.2013 · 15:28 · 1 min
UniCredit Tiriac Bank Lent RON320M To SMEs In January-August
Banks-Insurance

UniCredit Tiriac Bank Lent RON320M To SMEs In January-August

Romanian lender UniCredit Tiriac Bank granted loans of RON320 million in January-August to small and medium-sized businesses with turnovers of below EUR3 million, up 9% on the year, said the...

Oana Gavrila · 24.09.2013 · 15:09 · 1 min
SMEs Minister Supports Tax Exemptions For Research, Development, Technology
Banks-Insurance

SMEs Minister Supports Tax Exemptions For Research, Development, Technology

Romania’s minister-delegate for small and medium-sized businesses Maria Grapini said Tuesday she supports exemptions from taxes on profit for SMEs reinvesting it in research, development, an...

Oana Gavrila · 24.09.2013 · 11:47 · 1 min