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Romania

EBRD launches Ђ60m energy efficiency facility for SMEs in...

The European Bank of Reconstruction and Development (EBRD) has launched a 60 million programme for SMEs in Romania to improve their energy efficiency. (more…)

#bank#banks#funding

Romania unveils new SME funding programme

The Mihail Kogalniceanu programme, which allows for the state to directly support SMEs based on the development and support of…

#exports#funding#guarantees


The Romanian Factoring Industry

Alecsandra Valasuteanu, Head of Factoring, UniCredit Tiriac Bank S.A. provides an overview of the Romanian factoring market, covering industry environment,…


Romanian credit insurance market divided between three companies

Romanian Specialty Review Insurance Profile has issued preliminary results of the credit insurance industry for 2010, finding that three companies…


Coface report continued increase for 2010

Coface Romania has reported an annual turnover of 8.28 million for the year 2010. (more…)

#guarantees#receivables#risk


More then 11,000 businesses go bust, 1st quarter of...

More then eleven thousand companies in Romania were in insolvent during the first quarter of this year. To be precise,…


Credit insurers meet less then 10% of the market...

In 2009 the growth of claims due to the non-payment of account receivables has reached 150% on the previous year,…

#AON#bonds#payment terms


Raiffeisen Bank Romania posts half year profit

Raiffeisen Bank S.A. posted a net profit of 49.98 million for the first half of 2010 and an operational profit…


Millennium Bank gains EBRD credit line for on-lending to...

The EBRD is increasing the availability of financing to the real economy in Romania with a 20 million credit line…

#bank#European Commission#smes


EximBank offers exporters receivables finance solutions

Romania s EximBank is offering Romanian exporters a range of receivables finance based products to provide working capital and (more…)

#exporters#exports#guarantees


Coface warns insolvencies could rise in Romania

Insolvencies in Romania could rise 63 per cent this year, according to ratings agency Coface. Coface told (more…)

#insolvencies#insolvency


Commerce and construction the source of most bankruptcies, according...

According to a survey by Coface Romania on the sector distribution of bankruptcies in 2009, over 18,000 companies became SEND US…

EximBank offers receivables financing loans to exporters

EximBank has prepared an exporter package offering loans to finance receivables against invoices or  SEND US YOUR NEWS (more…)

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