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SMES

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Garanti BBVA Signs EUR24.4M Loan Agreement With EIB To Support Local SMEs
Banks-Insurance

Garanti BBVA Signs EUR24.4M Loan Agreement With EIB To Support Local SMEs

Garanti BBVA, part of Garanti BBVA Romania Group, has signed a EUR24.4 million loan agreement with the European Investment Bank (EIB) to support access to financing for small businesses and...

Ecaterina Craciun · 22.06.2023 · 16:04 · 1 min
OMRO IFN Gets RON7M from BNP Paribas to Fund SMEs
Banks-Insurance

OMRO IFN Gets RON7M from BNP Paribas to Fund SMEs

OMRO, a non-banking financial institution funding Romanian agriculture SMEs and local businesses, has sealed a partnership with BNP Paribas, a major banking players in the EU, via which the...

Cristina Bellu · 29.03.2023 · 10:48 · 1 min
Survey: Four In Ten SMEs In Hospitality And Retail Sectors Say Are Not Prep For Global Crises
Companies

Survey: Four In Ten SMEs In Hospitality And Retail Sectors Say Are Not Prep For Global Crises

Romanian small and medium-sized enterprises (SMEs) are increasingly open to new technologies, and half of them declare themselves “early adopters” when it comes to innovative solutions, as p...

Ecaterina Craciun · 23.02.2023 · 18:28 · 1 min
Raiffeisen Bank Teams Up With EIB Group For Increased Access To Funding Of SMEs And MidCaps
Banks-Insurance

Raiffeisen Bank Teams Up With EIB Group For Increased Access To Funding Of SMEs And MidCaps

Raiffeisen Bank is the first bank in Romania to enhance business financing through a synthetic securitization under a new cooperation with the European Investment Bank (EIB) and the European...

Ecaterina Craciun · 12.01.2023 · 14:38 · 2 min
SMEs To Have around EUR2B Funding Available in 2023
Companies

SMEs To Have around EUR2B Funding Available in 2023

SME-type companies in 2023 have funding totally worth around EUR2 billion available, in line with data provided by consulting firm REI Grup.

Miruna Diaconu · 09.01.2023 · 09:43 · 1 min
Raiffeisen Bank Launches factory GROW Program Enabling SMEs To Take Out Loans Up To EUR500,000
Banks-Insurance

Raiffeisen Bank Launches factory GROW Program Enabling SMEs To Take Out Loans Up To EUR500,000

Raiffeisen Bank is launching factory GROW, a personalized business scaling model based on which entrepreneurs (small and medium-sized enterprises- SMEs) may obtain loans up to EUR500,000 in...

Ecaterina Craciun · 07.09.2022 · 14:14 · 1 min
European Commission Approves EUR358M Romanian Scheme To Support SMEs Hit By Pandemic
Companies

European Commission Approves EUR358M Romanian Scheme To Support SMEs Hit By Pandemic

The European Commission (EC) has approved a Romanian scheme up to EUR358 million to support micro, small and medium-sized enterprises (SMEs) affected by the coronavirus pandemic.

Ecaterina Craciun · 10.08.2022 · 17:34 · 1 min
Ministry Of Research, Innovation And Digitalization Unveils EUR36M Aid Scheme For SMEs To Train IT Staff
Technology &Telecoms

Ministry Of Research, Innovation And Digitalization Unveils EUR36M Aid Scheme For SMEs To Train IT Staff

The Romanian Ministry of Research, Innovation and Digitalization has announced the launch of a call to support small and medium-sized enterprises (SMEs) to increase the competitiveness of th...

Ecaterina Craciun · 09.08.2022 · 12:24 · 1 min
Mobexpert And Global Vision Team Up To Develop Turnkey Office Spaces For Romanian SMEs
Real Estate

Mobexpert And Global Vision Team Up To Develop Turnkey Office Spaces For Romanian SMEs

Furniture maker and retailer Mobexpert, held by entrepreneur Dan Sucu, together with real estate developer Global Vision, founded and run by Sorin Preda, are teaming up to develop and equip...

Ecaterina Craciun · 14.07.2022 · 19:16 · 1 min