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Eastern Europe

Factoring improves steelworks’ liquidity

After three quarters, Huta Ferrum steelworks is to present satisfactory results, says Jan Waszczak, the company's president. However, the company suffers from a lack of operating capital. At the end of February, Ferrum signed an agreement with Prochem-Megagaz consortium for...

#bank#factoring contract#ING

Companies use increasingly efficient financial tools.

More and more Lithuanian firms use insurance of goods and currency fluctuation risks as a safeguard against possible losses while…

#bankruptcy#banks#insurance


Slovak EXIM Bank lowers base rate

EXIM Bank governor Ladislav Vaskovic has announced that the Slovak EXIM Bank has reduced its base rate for refinancing loans,…


US allocates US$ 40m to Ukraine to support small...

The US Overseas Private Investment Corporation allocated US$40m to Ukraine to support small- and medium-sized businesses (SMEs) and mortgage crediting…

#economy#investment#investments


Poland bucks trend for FDI inflows

According to the new UN Conference on Trade and Development (UNCTAD) report, "World Investment Report 2004: shift toward services," it…


Splitting of EGAP proposed

The Finance Ministry has proposed splitting Exportni garancni a pojistovaci spolecnost (EGAP) guarantee and insurance company into two parts for…


Eximbank and Mehib export insurance and credit schemes boost...

The Act on the Hungarian Export-Import Bank and the Hungarian Export Credit Insurance Company (Act XLII of 1994) established the…

#bank#exports#guarantees


Ukreximbank to receive US$50m credit from US Exim Bank

Ukrainian state export-import bank Ukreximbank is to receive a credit from US Exim Bank of US$50m to finance small- and…

#bank#banks#Exim Bank


BNR rate cuts percolate to commercial banks’ loans

Commercial banks are set to cut interest rates on loans in the coming weeks. Yet, the cut will only be…

#bank#banks#interest rate


SMEs operating in industry and services on increase

Small- and medium-sized enterprises (SMEs) acting in industry and services have been on the increase, unlike SMEs dealing in trade,…

#funding#international#smes


Top 100 firms slightly less optimistic in August

While continuing to perceive improving trends in the domestic and global economy, large Hungarian firms have somewhat tempered their optimism…


Positive watchlisted for Poland by Coface

The Coface Group, as one of the worldwide leader in credit insurance, certifies Poland in an actual country rating as…

Eximbank launches autumn campaign to support exporters

Romania's Export Import Bank, Eximbank SA, launches on September 1 the autumn campaigns designed to support exporting business operators. Facilities…

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