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Europe

Serbian companies lack funds for financing export production

The main reason identified for the big foreign-trade deficit in the past year is the inability of companies to find the funds to finance export production, according to Radovan Kovacevic, director of the Center for Scientific Research Work of the...

#bank#guarantees#interest

Shipowner boosts stake in debt collection agency

John Fredriksen, best known for being the world's largest tanker owner, has boosted his stake in debt collection agency Aktiv…


Audit change for SMEs has a bright side

Following the warning from the Forum of Private Business (FPB that new small-firm audit regulations could put directors' homes at…


Versailles never generated a profit in nine years, court...

Versailles, the trade finance company which collapsed in 2000 owing Ј70m to its banks, made no money whatsoever from the…


Growth of output and new orders remains significant in...

January’s seasonally-adjusted CIPS/Reuters Purchasing Managers' Index (PMI) – a composite indicator designed to provide an overall view of conditions in…

#DEC#economy


New system of guarantees will satisfy more applicants

The main goal of the Slovak Guarantee and Development Bank (SGDB), Inc. this year is more capital issued to effectively…

#bank#banks#guarantee


New joint factoring venture announced

BZ WBK Faktor, owned by BZ WBK bank and Bibby Factors, the Polish unit of the UK’s Bibby group, will…


Cushnie firm 'received Versailles cash'

Carl Cushnie, founder of the collapsed FTSE 250 company Versailles, channelled more than Ј610,000 in payments from within the group…

#banks#crisis#i


SME confidence bounces back in January

Small- and medium-sized enterprises (SMEs) confidence was up two points to 46.7% in January, showing an unmistakable recovery from its…

#economy#inflation#investment


EUROFACTOR gets Sony approval to fund MBO

EUROFACTOR, the Reading-based business finance experts, have announced their most recent high profile deal by helping to fund the management…

#business finance#funding#invoice


Direct investment in fixed assets rise

Direct investment in fixed assets at Russian companies increased 12% in 2003 to US$72 billion, according to early figures. Foreign…

#exports#investment#trade


FDI growth slows in 2003

Foreign direct investment (FDI) in Lithuania rose 3% in 2003 to 13.6 billion litai (LTL), according to the Lithuanian Statistics…

#investment

Commerzbank discusses cooperation on SME banking

Commerzbank is considering kicking off the long-awaited consolidation of the German banking market with an acquisition of regional bank Schmidtbank.…

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