SMES
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Dana Demetrian, BCR: Most Newly Founded Firms In Romania Are Very Small
Most firms established in Romania over the last years are very small, Dana Demetrian, vice-president of Banca Comerciala Romana, said on Tuesday, adding the business environment really needs...
Study: SMEs In Romania Engaged In International Trade Likely To Create Jobs
Small and medium-sized enterprises (SMEs) in Romania engaged in international trade are more confident and likely to create jobs, being optimistic about the current situation of their busine...
Central Bank Assessment: SMEs In Romania Took Out RON11B Loans From Banks In 2016
Banks in Romania granted new loans of RON11 billion (EUR2.5 billion) to small and medium-sized enterprises (SMEs) in 2016, over three times less than the lending potential of RON34 billion,...
ProCredit And EIF Extend Financing Agreement For Innovative SMEs
The European Investment Fund (EIF) and ProCredit Group have extended the Guarantee Agreement for Small and Medium-Sized Enterprises (SMEs), InnovFin, and boosted the ceiling by EUR450 millio...
SMEs Can Access EUR85M For Capital Investments Via Regional Operational Program
Romanian small and medium-sized enterprises (SMEs) will have EUR85 million at disposal, after the Development Ministry signed with the European Investment Fund (EIF) a financing agreement fo...
ProCredit Bank Gets EUR40M From EIF To Support SMEs In Romania
ProCredit Bank signed a guarantee agreement with the European Investment Fund (EIF) for the implementation of the Initiative for Small and Medium-sized Enterprises (SMEs) in Romania. ProCred...
Over 3,700 SMEs To Access Loans From EUR400M Funds Allotted To Local Banks By EIB And EIF
Some 3,700 small and medium-sized companies (SMEs) will be able to access loans for new investments and working capital from funds worth EUR400 million allocated to banks in Romania by the E...
BT Leasing Gets EUR20M Loan From EBRD To Fund SMEs
BT Leasing, the financial leasing division of Banca Transilvania group, contracted a loan of EUR20 million from the European Bank for Reconstruction and Development (EBRD) in order to financ...
Garanti Leasing Gets EUR5.5M Loan To Fund SMEs Held Or Managed By Women
Garanti Leasing, part of Garanti Romania, has taken out a loan of EUR5.5 million from International Finance Corporation (IFC), member of the World Bank Group, in order to finance small and m...