SMES
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SME Council: Over 90% Of Small Firms In Romania Use Self-Financing To Survive
Nearly 60% small and medium-sized firms (SMEs) in Romania have managed to report constant financial results between 2009 and 2013, over a quarter reported decreases and over 90% use self-fin...
BRD: Romania Doesn’t Afford Much Fiscal Space For Public Investment
The current fiscal climate in Romania doesn’t afford much space for massive public investment and the country’s only solution would be to become friendlier towards the markets, an official o...
Volksbank: New FX Lending Regulations To Cap SME Access To Funds
Romanian small and medium-sized companies will have limited access to foreign currency loans once the central bank’s new regulations are in place, an official of Volksbank Romania said Tuesd...
Raiffeisen Bank: Lenders Reluctant To Finance SMEs Because Collateral Is Worthless
Romanian banks cannot afford the risk to finance small and medium-sized companies, because collateral values depreciate very quickly in case of insolvency, the head of Raiffeisen Bank Romani...
Volksbank Analysis: Romania’s Low EU Fund Absorption Rate Is Due To Poor Fund Allocation To SMEs
Romania’s low absorption rate of European Union financing is due to the fact that only 15% of EU’s structural and cohesion funds allocated to Romania for the 2007-2013 period targeted the pr...
BNR May Limit Foreign Lending To SMEs
Romania’s central bank may extend the scope of its recently introduced foreign lending regulations to cover a wider range of debtors exposed to exchange rate fluctuations, including small- a...
More SMEs Needed To Increase Role In Romania’s Economy
The increase in the number of small- and medium-sized enterprises (SMEs) is the only way to make this sector weigh more heavily on Romania's economy, Andreea Paul, representative of SMEs in...
Basescu Says Small And Medium Enterprises In Rural Areas Are Vital
Romanian President Traian Basescu on Wednesday said it is vital for the future of rural areas to have small and medium enterprises providing services, on the one hand, and processing farming...
Almost 10% Of Romtelecom's Revenues Come From SMEs
Romtelecom provides fixed telephony and Internet services to approximately 130,000 out of the 400,000 small and medium-sized companies that operate in Romania, a figure that last year rose b...