SME
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CEC Bank Selected To Grant Loans Under Program Supporting Young Entrepreneurs
Romania’s Economy Ministry selected state-run lender CEC Bank to grant loans under a state-supported program aimed to help young entrepreneurs, which offers non-reimbursable financing of up...
Romanian Government Raises Budget For SME De Minimis Aid Scheme
Romania’s Government on Wednesday approved a decision raising the budget of a de minimis state aid scheme targeting small and medium-sized businesses (SMEs) from 400 million lei (EUR89.8 mil...
Romania To Raise Budget For De Minimis Aid Scheme Supporting SMEs
Romania will increase the budget of a de minimis state aid scheme targeting small and medium-sized enterprises (SMEs) which make investments and create new jobs from 400 million lei (EUR89.8...
Basescu: Romania Wants Guarantee Fund To Support SME Lending
Romania will discuss with the International Monetary Fund setting up a government guaranteed fund to support lending to small and medium-sized enterprises (SMEs), President Traian Basescu sa...
SME Loan Guarantee Fund Head Says Firms Must Change Business Model
Small and medium-sized firms (SMEs) in Romania must change their business model, a measure more important and urgent than in the case of banks, as they are essential to the economy, Aurel Sa...
UniCredit Tiriac Bank Lent EUR25M To SMEs Via JEREMIE Program
Romanian lender UniCredit Tiriac Bank funded around 100 small and medium-sized businesses with a total EUR25 million through the Joint European Resources for Micro to Medium Enterprises (JER...
Romanian SMEs Deplete RON16M Support Scheme Budget In Two Weeks
The 16 million lei (EUR3.64 million) budget for Romania’s SME support program, allowing small and medium-sized businesses to take state-subsidized loans, has been depleted just two weeks fro...
Romania May Again Grant De Minimis Aid To Support SMEs
Romania wants to grant de minimis state aid of up to EUR200,000/firm over a three-year period to small and medium-sized enterprises which make investments and create new jobs.
Romania Allots RON16M For SME Support Program In 2013
Romanian small and medium-sized enterprises (SMEs) will be able to submit financing requests starting Monday, April 15, through state-supported program Mihail Kogalniceanu.