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Romania

More opportunities for SMEs

A Salonic Stock Exchange proposal offers greater encouragement to Romanian small- and medium-sized enterprises (SMEs) through a newly signed agreement with the Bucharest Stock Exchange. “A new market will be created and start-up companies, with a serious business plan and...

October trade deficit soars

The trade deficit soared to US$674.2m in October from September's US$417.6m, as imports grew at a much faster pace than…


Investors look at Romania

Romania jumped from below the top 25 to become the 17th most attractive market for European investors according to an…

#acquisition#emerging markets#management


Central bank hikes intervention rate

Romania’s central bank board has decided to increase by one percentage point to 21.25 per cent its intervention rate in…


New British trade mission seeks business opportunities

Representatives of 16 British companies led by the London Chamber of Commerce and Industry (LCCI) will visit Romania from10 to…


Exim Bank signs an accord with Brazilian bank

Romania’s Exim Bank said it has signed a cooperation accord with Brazil’s Bank for Economic and Social Development. “The accord…


Central bank lowers intervention rate

Romania’s central bank board has decided to lower its intervention rate by 0.06 percentage points to 20.19% in a move…

#bank#inflation#trade


Community Habitat Finance Romania a competitor for local SMEs...

Community Habitat Finance (CHF), the Romanian branch of Community Habitat Finance International - a nonprofit American organisation, launched a finance…


Restructuring plan for Banca Comerciala Romana

The European Bank for Reconstruction and Development (EBRD) board has approved the memorandum of understanding (MOU) on the joint takeover…


Euler Hermes eyes large business potential in Romania

The Euler Hermes Group has decided to offer credit insurance services in Romania in cooperation with Allianz-Tiriac insurance company in…


EBRD supports small business in Romania

The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) have released Ђ5m to Microfinance Bank MIRO,…

#bank#international#microfinance


EBRD grants Alpha Bank Romania loan facility for SMEs...

The European Bank for Reconstruction and Development (EBRD) has granted a Ђ10 million loan facility to the Alpha Bank Romania…

Banca Comerciala Romana privatisation to be completed in 2006

The privatisation process of Romania’s largest commercial bank Banca Comerciala Romana will be completed by 2006 once the government has…

#bank#IMF#memorandum of understanding

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