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Eastern Europe

One year of e-invoicing in Romania – a mixed...

A year after Romania made electronic invoicing mandatory, a new study by Profluo—a local tech company specialising in AI-driven financial automation—reveals a landscape marked by both challenges and significant gains. Over 150 finance and accounting professionals across various sectors participated...

#automated#e-invoicing#electronic invoice

EBRD supports green and sustainable economy in Bulgaria

The European Bank for Reconstruction and Development (EBRD) officially launched its InvestEU programme in Bulgaria, marking a major step forward…

#EBRD#green#Postbank


EBRD and EU roll out SME Go Green programme...

The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are scaling up their support for Montenegro’s…

#EBRD#EU#Remon Zakaria


Ukraine passes new factoring law

On June 3, the Verkhovna Rada (the parliament of Ukraine) approved new legislation aimed at overhauling the regulation of factoring…

#factoring law#factoring services#fraud


Comarch Factoring and ING Commercial Finance Poland team up

Comarch signs a strategic partnership with ING Commercial Finance Polska S.A., one of the top providers of invoice financing services…

#Comarch#ING Commercial Finance#invoice financing


Shape Robotics secures multi-facility financing package from UniCredit Romania

Shape Robotics has secured a significant financing agreement with UniCredit Romania, aimed at boosting liquidity, supporting strategic projects, and scaling…

#Shape Robotics#Unicredit


UKRSIBBANK and IFC join forces to boost midcaps in...

IFC and UKRSIBBANK, owned by BNP Paribas and the EBRD, have announced a new risk-sharing facility (RSF), totaling €66m, to…

#BNP Paribas#EBRD#IFC


Romanian factoring activity shows sustained growth in 2024

The Romanian Factoring Association (ARF) announces the results of the factoring market for 2024, highlighting an 8 per cent increase…

#Bogdan Rosu#domestic factoring#export factoring


EIB lends €100m to Croatian bank PBZ to boost...

The European Investment Bank (EIB) is lending the Croatian bank Privredna Banka Zagreb (PBZ), part of the Intesa Sanpaolo Group,…

#EIB#European Investment Bank#Intesa Sanpaolo Group


EBRD joins with BII and Proparco to support trade...

The European Bank for Reconstruction and Development (EBRD) is joining forces with the UK’s development finance institution, British International Investment…

#BII#British International Investment#EBRD


WFY’24: Polish Factors Association achieved 5% factoring growth in...

In 2023, the 24 members of the Polish Factors Association (PFA) achieved a turnover of EUR 103.4bn, which represents a…

#factoring#PFA#Polish Factors Association


Polish factoring market grows by 4.7% in 2024, driven...

The Polish Factors Association (PZF) has reported a 4.7 per cent year-on-year (y/y) increase in factoring turnover, reaching PLN 471bn…

#factoring#PZF

WFY’24: The year ‘2024 will most likely be another...

Romania’s GDP grew by 2.1 per cent in 2023, due to a 6.5 per cent increase in investments, which were…

#Alecsandra Valasuteanu#Romanian factoring#Unicredit

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