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Eastern Europe

Investment Development Agency seeks a legal advisor

The Slovak Agency for the Development of Investments and Trade (SARIO) announced a public contest to select a company to provide legal advisory services in preparing and realising foreign investments in the agency. Interested parties can submit their bids by...

#investment#investments#trade

Finance minister welcomes interest rate decision

Finance minister Tibor Draskovics welcomed the Monetary Council's 50 basis point rate cut on Monday, citing it as a sign…


Atradius boosts Polish trade

In Poland, the number of companies that insure their trade debts is growing. But, compared to Western countries, this number…


Finansbank secures syndicated loan for business finance and to...

Finansbank Romania has obtained a Ђ15m syndicated loan arranged by Alpha Bank's London branch, The Bank of New York and…

#bank#business finance#exports


Uralsib-Moldfactor SRL has started in the Republic of Moldova

National Factoring Company Uralsib-NIKoil (new "factoring" brand of financial corporation Uralsib, ex financial corporation NIKoil) has established its first subsidiary…


Factor plans float

Eurofaktor, the country’s largest non-banking factoring company, has revealed plans to debut on the Warsaw bourse. Eurofaktor hopes to raise…


Franfinance follows Pekao Leasing and tidies up its group

Franfinance Polska has changed its name to SG Equipment Leasing (Polska). "The main reason is our strategy which aims to…

#leasing#Societe generale


GMAC sees huge opportunity

GMAC Commercial Finance Group has begun operations in the Polish market. The company is offering its customers a record keeping…

#commercial finance#financial services#risk


Three banks launched a credit register

Slovakia's big three banks will launch on October 1 a credit register aimed at reducing the number of unpaid loans…

#banks


IFC to lend US$35 m to private Ukrainian businesses

The International Finance Corporation (IFC) plans to open credit facilities worth more than US$35m for private companies in Ukraine in…

#banks#international#Vice president


SMEDAN seeks UNDP support for SMEs

Small and Medium Enterprises Development Agency (SMEDAN), has reached agreement with the United Nations Development Programme (UNDP), in Nigeria for…

#bank#smes


Bulgaria FDI soars to EUR 1.34 B

Foreign direct investments in Bulgaria for the first seven months soared to Ђ1.34bn, up from Ђ795.6m year-on-year, the Bulgarian National…

New factoring company with ambitious plans enters Polish market

GMAC Commercial Finance is a new player in the Polish market of factoring services. The company plans to conquer one-third…

#commercial finance#insolvency#management

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