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Eastern Europe

Agriculture the riskiest sector – Coface Bulgaria

Agriculture is the riskiest sector in Bulgaria, as 22.5% of all the bankruptcies in 2007 are in that sector. (more…)

MEF transfers EURO100m to European Fund for SMEs

The Ministry of Economy and Finances will transfer EURO100m into an account opened by the European Investment Fund. (more…)

#economy#European Commission#funding


Takarйkbank gets into factoring

Takarekbank Zrt has joined forces with Germany's VR Factorem GmbH. (more…)


Profi Credit enters Romanian market

Profi Credit IFN SA, a member of the Czech financial group Profireal Group, has launched operations on the Romanian market.…


Compania de Factoring to raise EUR15m to boost factoring...

Compania de Factoring, established in 2006 by Bank Viena and Banca Transilvania, has increased share capital. (more…)


SME confidence drops in January

Confidence among Hungary's SMEs took a dive in January, announced Ecostat. (more…)


SocGen's Romanian unit 2007 factoring operations up 151pc

Romanian Development Bank, BRD, on Thursday reported a 151% rise in the value of its factoring operations. (more…)


Profi Credit enters local market on Feb 5

Profi Credit IFN SA, a member of the Czech financial group Profireal Group, set the official date to launch its…

#bank#poland#trade


Coface Romania targets turnover of EUR 500m in 2008

Coface Romania, local division of French insurance group, Coface, granted 140m in loan insurance in the first eight months of…

#insurance#risk


SME confidence slips in Q4 after improving for a...

Sentiment among Hungarian SMEs) deteriorated in Q4 2007 after improving for a year. (more…)


Factoring market rose again in 2007

The factoring market represented by the Association of Factoring Companies recorded a growth of total turnover by almost Czk15bn and…


Polish Factoring Association members up turnover 37% y/y in...

Poland's 11 top factoring companies reported turnover up 37% year-on-year (y/y) to PLN 18.8bn in 2007. (more…)

#Banca IFIS#bank#conference

Company bankruptcies continue to fall – Coface Poland

In 2007, 447 companies went bankrupt in Poland, a 22% drop on 2006. (more…)

#bank#bankruptcy#insolvency

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