EBRD grants EUR40m loan to SMEs


The European Bank for Reconstruction and Development (EBRD) will grant a €40m loan to Romanian SMEs for the modernization of the industrial sector in Romania. The Romanian government and the European Union cooperate for the implementation of the program, EBRD anounced.  The program plans to bring Romanian SMEs in line with EU standards on environment protection, health and worksite protection, as well as on product quality.


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