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Romania

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 to Express Finance. (more…)

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


BRDA head says European funds inadequate for SMEs

European funds alloted to SMEs to access consulting services are regarded as insufficient by  the Bucharest Regional Development Agency. (more…)


Bankruptcies forecast to increase in 2007

Coface Romania says that the annual rate at which the companies from Romania go bankrupt is set to rise in 2007.…


Selling of accounts receivable forecast to be profitable in...

The selling of default accounts receivable by banks will be a very profitable business for companies operating in debt recovery in…


Coface to open new factoring company in 2008

Coface to follow April's commercial credit insurance launch with a factoring company next year.  (more…)

#cash-flow#Commercial Credit#insurance


The EU allots RON40m to SMEs

SMEs are being encouraged to table applications for the RON40m funds made available by the EU. (more…)


Credit insurance revenues up 55% in Romania

Revenues at insurance companies in Romania, from credit insurance policies, reached 112.3 million euros (396 million RON) last year, registering…


SocGen's Romanian unit H1 factoring operations value up 157%

The Romanian Development Bank (BRD) performed factoring operations worth 700 million Romanian lei ($305 million/224 milion euro) in the first…

#assignment#bank#management


EBRD provides first rural facility

Through its first rural facility in Romania, the EBRD is lending Casa de Economii si Consemnatiuni SA (CEC), EUR10m to promote…

EBRD provides first Factor Finance project across region

Facility to help promote private-sector growth in Romania. In its first factor finance project across its 29 countries of operations,…

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