SMES
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Industrial Park for SMEs Reaches 100% Occupancy in 6 Months
Catted Business Park, an industrial park developed exclusively for SMEs by Catted Group in Chitila, near Bucharest, has been fully let in just six months since its construction.
Deutsche Leasing Romania Signs EUR370M Financing Agreement With EIB Group To Support Pandemic-Hit SMEs
Companies in Romania may access financing in the field of leasing to continue and develop their activity, following a contract signed by the European Investment Bank (EIB) Group and Deutsche...
Vitas IFN Gets EUR2M Loan From European Fund for Southeast Europe To Fund SMEs
The European Fund for Southeast Europe (EFSE) has lent EUR2 million to Vitas IFN to enable it to extend its financing capacity for micro-enterprises and small- and medium-sized enterprises (...
SmartBill Barometer: Romanian SME Turnover Drops 14% on Month in August
The turnover of small and medium-sized enterprises (SMEs) in Romania fell by 13.85% in August compared with July and by 3.76% compared with August 2019, a barometer released by SmartBill on...
Garanti BBVA Leasing Gets EUR7M From EFSE To Grant Financing To SMEs In Romania
The European Fund for Southeast Europe (EFSE), backed by the German Government and the European Commission, has granted a loan of EUR7 million to the company Garanti BBVA Leasing to provide...
Total Financing Volume Guaranteed Via IMM Invest Program Tops RON10B In Two Months
Nearly two months since the start of the government's IMM Invest program for small and medium-sized enterprises (SMEs), the banks enrolled in the program have approved 11,589 applications fr...
Survey: Nearly 30% Of SMEs in Romania Expect Their Turnover To Return To Pre-Pandemic Level Until End-2020
Nearly 30% of small and medium-sized enterprises (SMEs) in Romania expect their turnover to return to a level comparable to last year’s level until the end of 2020, per a survey by the Natio...
SmartBill Barometer: Romania SMEs Turnover Down 25.7% On Month In April 2020
The turnover of small and medium-sized enterprises (SMEs) in Romania fell by 25.7% in April 2020 compared with March, and by 19.2% compared with April 2019, as per a Romanian SMEs barometer...
SME Council: Nearly 60% Of Romania SMEs Expect To Reintegrate Staff To Pre-Crisis Level In 3 Months Tops
Over 57% of small- and medium-sized enterprises (SMEs) in Romania expect to be able to reintegrate employees to the level before the coronavirus-led crisis in maximum three months from the r...