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Romania

EBRD strengthens SME funding in Romania

Small and medium sized enterprises SMEs in Romania will benefit from a new 10m credit line. (more…)

#bank#international#SME financing

Compania de Factoring to double turnover in 2008

The Romanian factoring market is expected to maintain a growth pace of around 40% in the coming years. (more…)


Coface posts Euro 600,000 turnover in commercial credit insurance

In the first six months of activity, the insurer of French group Coface obtained 600,000 from commercial credit insurance activities.…


MKB Romexterra focuses on SME financing

MKB Romexterra Bank is targeting a 3.8% SME market share and has signed a collaboration partnership with the Ministry for SMEs, Trade, Tourism,…

#bank#international#SME financing


RON100m from budget added to SME sector

The budget of the Ministry for SMEs, Trade, Tourism and Liberal Professions has been increased by 31% for 2008. (more…)

#bank#banks#investment


BRD to get Ђ30m EIB loan

The EIB approved a €30m credit for BRD Groupe Societe Generale, with the funds intended for financing SMEs and municipalities. (more…)


Eximbank launches new export product

Eximbank has launched a subsidized interest financing product of up to €1.5m that will last up to five years.  (more…)

#bank#interest#investment


Romanian companies face increase in bankruptcies

According to Coface the number of bankruptcies in Romania grew to 7,500 this year. (more…)

#Commercial Credit#insurance#management


SMEs to get further funds for upgrading and revamping

The amount allotted to SME for investments, upgrading and revamping purposes, was increased by RON 35m. (more…)


More EBRD funds for micro businesses

More micro and small businesses in more Romanias regions will have access to finance following a EUR2.25 m loan from the EBRD…


Compania de Factoring posts rise in H1 turnover

Compania de Factoring posted a rise in turnover in H1. (more…)


EBRD boosts funding for Romanian micro businesses

The EBRD is continuing to support the growth of Romanian micro enterprises and start-up businesses via a new loan for…

SMEs to get EUR100m from Jeremie programme

The European Investment Fund will finance an account and an office in Romania to manage the EUR100m of the Jeremie…

#economy#financial institutions#guarantee

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