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Europe

EU support for SMEs compensates for reduced government aid

According to the Czech Ministry of Industry and Trade (MIT), almost two million people are employed in small- and medium-sized enterprises (SMEs). SMEs have a62 per cent share of total employment, just a few basis points less than the average...

#bank#guarantees#SME financing

Survey supports European expansion – European entrepreneurship encouraged

Research published today from leading invoice and asset-based financier, Venture Finance PLC, reveals that 40 per cent of businesses believe…


Potential Finance results ‘disappointing’ 2003

Potential Finance Limited, the independent Brentwood-based debt factoring company, has announced a pre-tax loss of Ј1.22 million for the year…

#bad debts#factoring industry#management


GE Commercial Finance names new CEO

GE Commercial Finance Ltd (GECF Ltd), a leading UK provider of business finance solutions, today announced the appointment of Richard…


Factoring company obtains ISO 9001 certification

Compagnie Gйnйrale d’Affacturage (CGA), the wholly-owned factoring subsidiary of Sociйtй Gйnйrale has become the first factoring company in France to…

#debt collection#international#invoice


Export insurance and credit sources update

The Export Credits Guarantee Board (EKN) offers long-term financing; Svensk Exportkredit handles short-term financing. The EKN, which is 100% state…


Cancer 'lies' of Versailles fraud chief

Fred Clough, the disgraced finance director of collapsed trade finance house Versailles, lied to his board that he had cancer…

#banks#Goldman Sachs#trade


Prime Minister concerned about SME

"Dangerous tendencies" have been detected in the way the Russian economy is developing which demonstrate "numerous problems in providing for…

#economy#GDP#investment


SMEs are missing out on Europe

As the country begins to turn its attention to whether or not it approves of the EU's Constitution, concern is…

#forum#small business#small businesses


Slovakia gets Skk 32,1 million of new FDI in...

New foreign direct investment (FDI) in Slovakia amounted to Skk32.1 billion (Ђ802.5 million) in 2003, down by Skk150 billion on…


SMEs record major uplift in confidence

There has been a marked improvement in business confidence among small firms, according to the latest quarterly survey by the…


Senior finance executive – just the job for fraud

Wanted. Male, 36-45, finance experience, senior executive level. That, according to analysis by forensic accountants at KPMG, is not so…

#frauds#Goldman Sachs#Two

Business failures set to hit 6-year low in 2005

According to a report published today by the business advice group BDO Stoy Hayward, the number of bankruptcies is set…

#bankruptcy#British business#economy

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