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Europe

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 a year-on-year basis. Slovak firms invested Skk800 million abroad last year, according to the Slovak Statistics Office (SU SR). The...

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


Bad debts a growing problem for exporters – IEA...

Over half of Irish exporters had customers who did not pay them over the last year, according to a survey…

#bad debts#cash-flow#exporters


MFB records HUF6.14bn net income in 2003 – new...

State-owned Hungarian Development Bank (MFB) recorded a net income of HUF6.14 bn (US$27.4 m) in 2003, according to the company's…

#bank#funding#interest rate


Exporters increasingly shun ECGD support scheme – CBI chief

CBI chief Digby Jones has accused the government of undermining support for British exporters and exacerbating the number of manufacturing…

#exporters#exports#international


EBRD releases Ђ40 million to SMEs

The European Bank for Reconstruction and Development (EBRD) will release Ђ40 million for Bulgarian commercial banks to extend loans to…


Bibby Financial Services combine products in new offering

The Bibby Financial Services Group has announced the roll out of a new service offering to add to the list…


Allgemeine Kredit Coface Finanz predicts growth in factoring market...

Allgemeine Kredit Coface Finanz (AKCF), the German subsidiary of French financial group Coface, is anticipating further growth in its business…


Late payment legislation shows strong early signs of helping...

With just 18 months elapsed since the late payment legislation was completely implemented in the UK, the Better Payment Practice…


Versailles case nears its close

Carl Cushnie made millions by defrauding investors in trade finance firm Versailles, it was claimed yesterday, as the case surrounding…

#MAN#trade#WHO

KPMG appoint mid-market head of Corporate Recovery

A new head of KPMG’s national mid-market Corporate Recovery team has been appointed. Myles Halley is moving to the London…

#insolvency

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