UniCredit completes first ever Romanian BPO

UniCredit has announced that it has successfully completed the first Bank Payment Obligation (BPO) transaction ever carried out in Romania, for the payment of a commercial operation between Romanian firm Adiss SE, a company which processes urban and industrial wastewater in Romania, and its supplier, German company Huber SE, a major manufacturer for industrial facilities to treat water, wastewater and sludge

Romanian factoring market rises by a third

Romania’s factoring market grew last year by 35% to EUR3.65bn, supported mainly by small and medium-sized companies with up to EUR5m in revenues, according to the Romanian Factoring Association

Romanian factoring market growing

The factoring market in Romania has increased by 38 per cent in the first six months of the year, compared to the same period in 2014