SMES
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Minister: SMEs To Receive Subsidies Of RON900-1,300 For Job Creation
Small- and medium-sized enterprises (SMEs) that create jobs will get subsidies, starting July 2014, if they hire young people, Romania’s Minister for SMEs Florin Jianu said Monday.
Romania’s Planned Euro Adoption To Be Advantageous For SMEs, Minister Says
Romania’s euro adoption planned for January 1, 2019 will be good for the small- and medium-sized enterprises (SMEs) because there will be no more exchange rate risk, financing costs will go...
SMEs Can Get RON526M From BCR To Fund Working Capital
Romania’s largest bank BCR, a unit of Austrian Erste Group Bank AG (EBS.RO) earmarked up to RON526 million to fund small- and medium-sized enterprises (SMEs), with half of the financing guar...
SMEs Got RON2M From CEC Bank To Fund Working Capital In Last 2 Months
CEC Bank granted loans worth approximately RON2 million in the last two months via the Program on Guaranteeing Loans for Small and Medium Enterprises and is currently checking up loans worth...
BCR, Ready For Lending Revival
BCR’s retail loan portfolio in the first quarter of 2014 posted growth for the first time in three years as a rebound in consumer confidence has been felt starting the first half of the year...
SMEs Can Get EUR50M From Banca Romaneasca To Fund Working Capital
Lender Banca Romaneasca has earmarked EUR50 million to fund small- and medium-sized enterprises (SMEs) and half of the financing is guaranteed by the state within the government-backed progr...
SMEs Can Get RON47.3M Loans From Volksbank To Fund Working Capital
Small- and medium-sized enterprises (SMEs) in Romania can get loans from Volksbank to finance their working capital, within a total maximum ceiling of RON47.3 million, with low guarantees, u...
Italo Romena Bank Grants EUR6.7 M State-Guaranteed Loans To SMEs
Italo Romena Bank will grant SMEs loans worth maximum EUR6.7 million via the government program guaranteeing SME loans, to finance working capital.
Labor Minister Says SMEs Can Help Reduce Youth Unemployment
Small and medium-sized firms (SMEs) represent the solution to reduce unemployment among young people, a problem which is becoming more and more serious in Romania, considering that multinati...