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Romania 2022 Start-Up Nation Program Kicks Off On July 19
The third edition of 2022 Start-Up Nation program in Romania starts on July 19 with a total budget projected at RON2.2 billion.
SMEs In Romania May Access EUR126M Funds Via Southeast Europe Growth Equity Fund
Investment fund BlackPeak Capital on Thursday announced that it completed the final financing round of Southeast Europe Growth Equity Fund in the amount of EUR126 million, overshooting the i...
European Commission Approves Two State Aid Schemes For Romanian SMEs
The European Commission approved on Friday (June 3) state aid schemes for small and medium-sized enterprises (SMEs), respectively for the IMM PROD and GARANT CONSTRUCT programs.
Instant Factoring, TechVentures Bank Team Up To Support SMEs In Romania
Instant Factoring, the first Romanian startup providing online microfactoring for small and medium-sized enterprises (SMEs), and Romanian lender TechVentures Bank have concluded a partnershi...
Garanti BBVA Romania Gets EUR40M Financing From BSTDB To Grant Loans To Pandemic-Hit SMEs
Garanti BBVA Romania, one of the most dynamic lenders on the local market, has signed a financing agreement worth EUR40 million with the Black Sea Trade and Development Bank (BSTDB) to suppo...
UniCredit Bank Boosts IMM Invest Ceiling By RON464M Up To RON1.78B
UniCredit Bank has received from the finance ministry a supplementation of RON464 million, up to RON1.78 billion, of the existing guarantee ceiling for loans granted to small- and medium-siz...
European Commission Approves EUR358M Romanian Aid Scheme For Pandemic-Hit SMEs
The European Commission on Wednesday said it has approved a Romanian scheme worth EUR358 million aimed at supporting small- and medium-sized enterprises (SMEs) active in sectors affected by...
Garanti BBVA Leasing, IFC Sign EUR10M Loan Agreement To Fund COVID-Hit SMEs
Garanti BBVA Leasing, part of Garanti BBVA Romania Group, on Tuesday signed a loan agreement for EUR10 million with International Finance Corporation (IFC), a member of the World Bank Group,...
BCR Social Finance, European Investment Fund Provide RON75M Financing To SMEs, NGOs
BCR Social Finance and the European Investment Fund (EIF) have agreed to provide financing of RON75 million to small- and medium-sized enterprises (SMEs), non-governmental organizations (NGO...