Results 1 - 25 from 119 for "sme"
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European Investment Fund Signs Agreements with Seven Local Banks for Total Guarantees of almost EUR500M for SME Funding
10.23.2024
The European Investment Fund (EIF) has sealed agreements with UniCredit Bank, Alpha Bank, Libra Internet Bank, BRD Groupe Société Générale, Patria Bank, Intesa Sanpaolo Bank and Garanti BBVA to more
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European Investment Fund Provides Up To EUR35M Guarantees To Intesa Sanpaolo Bank For Romania SME Funding
08.06.2024
Intesa Sanpaolo Bank, the Romanian subsidiary of Intesa Sanpaolo Group, the leading banking group in Italy, has concluded a partnership with the European Investment Fund (EIF) that guarantees up to more
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IFC Lends Up To EUR50M To UniCredit Leasing
11.28.2023
International Finance Corporation (IFC), part of World Bank, is granting an up to EUR50 million loan to UniCredit Leasing Corporation (UCLC), a subsidiary of UniCredit Bank Romania and member of more
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eBay Officially Starts Campaign To Attract Romanian SMEs To Its Marketplace
05.23.2023
US-held eBay, one of the largest actors in online commerce in the world, has started a campaign to draw the Romanian small and medium-sized enterprises to its marketplace, enabling them sell abroad more
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SME Council: Number Of Newly Established Firms In Romania Grew At A Moderate Pace In 2022
02.07.2023
The number of newly established companies increased at a moderate pace in Romania in 2022, with 3% more firms being registered as compared to 2021 (152,809 from 148,294), in line with data from the more
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Romania SME Guarantee Fund Reports 7% Higher Net Profit, Of RON34.5M, For 1Q/2022
06.22.2022
Romania’s national guarantee fund for small and medium-sized businesses (FNGCIMM) on Wednesday said it had a net profit of RON34.5 million in the first quarter of 2022, up 7% on the year and 36% more
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Romania SME Guarantee Fund Reports Record Profit, Of RON102M, For 2021
05.11.2022
Romania’s national guarantee fund for small and medium-sized businesses (FNGCIMM) on Wednesday said it had a net profit of RON102.65 million in 2021, nearly 23% above the targeted level after more
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Black Sea Fund Seeks to Invest up to EUR20M in 2021 in Four Companies
03.25.2021
Romanian investment fund Black Sea Fund, which targets SMEs, said Thursday it seeks to invest EUR15-20 million this year in three or four deals, two of which are currently in advanced talks. more
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EC Approves EUR550M of Cohesion Policy Funds to Support SMEs in Romania
09.28.2020
The European Commission will redirect EUR550 million cohesion policy funding to help over 120,000 Romanian SMEs affected by the coronavirus crisis. more
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ING Bank Triples Guarantee Cap for SME Invest Lending Program
08.20.2020
ING Bank Romania has requested additional guarantee funding for loans under the government-backed SME Invest program for businesses after approving a high volume of loans and has tripled its guarantee more
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SME Guarantee Fund Unveils Equipment And Machinery Leasing Program
07.20.2020
Romania’s national guarantee fund for small and medium-sized businesses (FNGCIMM) is diversifying its guarantee offer in order to support the access to financing of small and medium-sized more
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Over 7,400 SMEs Got Funding Totaling RON6.2B via Government Program
06.23.2020
Romania has approved 7,418 loans totaling over RON6.2 billion through the government's IMM Invest program for SMEs by Tuesday, the national guarantee fund said. more
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582 Companies Got RON500M Funding Through IMM Invest
05.25.2020
Out of the 59,000 companies which applied for funding via the IMM Invest program, 582 have already secured RON500 million, says Dumitru Nancu, general manager of the National Loan Guarantee Fund for more
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EBRD And Partners Launch SME Equity Research Program; Four Romanian Firms Included In Program
05.20.2020
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CEC Bank May Grant Loans Totaling RON2B under SME Support Program
04.28.2020
Romanian state-owned lender CEC Bank said Tuesday it could grant loans totaling RON2 billion under the government-subsidized program for SMEs affected by the coronavirus pandemic, saying it has been more
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SME Council: Nearly 60% Of Romania SMEs Expect To Reintegrate Staff To Pre-Crisis Level In 3 Months Tops
04.22.2020
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Banca Transilvania To Lower Loan Installments for Companies
03.17.2020
Banca Transilvania, Romania's largest lender by assets, announced Tuesday it was implementing measures to support its SME clients whose revenues are affected by the coronavirus pandemic. more
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SME Guarantee Fund Available to Take Over Loan Risks
03.17.2020
Romania's national guarantee fund for SMEs said Tuesday it may support businesses and the financial sector by partially raking over loan risks and thus easing access to financing at advantageous more
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SMEs Call for Urgent Government Action to Navigate Covid-19 Crisis
03.16.2020
Around 98.6% of small and medium-sized businesses in Romania say their activity will be deeply affected in the upcoming period by restrictions imposed in a bid to limit the spread of Covid-19 and call more
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SME Council Unveils Romania Tech Nation Project
10.04.2019
Romania’s National Council of Romanian Small and Medium-sized Enterprises, or CNIPMMR, is launching a project called Romania Tech Nation, in collaboration with Banca Comerciala Romana (BCR), whose more
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EIB Group Expands Its Support to Romanian SMEs
10.03.2019
The European Investment Bank Group announced Thursday it was expanding its support to Romanian businesses by allocating additional funding under the SME Initiative started in 2014. more
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eJobs: SME Employees in Romania Earn EUR700 on Average
08.23.2019
The average monthly salary of employees in SMEs in Romania is currently around EUR700, according to a poll by eJobs Romania. more
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Entrepreneurs: We Need Long-Term Loans, Banks Turn Us Down
04.17.2019
Securing long-term loans for more than 15 years from banks to make investments in equipment or to buy buildings to operate in, is hard and the 6% interest is too high compared with Western Europe, the more
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Five Romanian Private Equity Funds Have Over EUR150M for Local SMEs
01.25.2019
Morphosis Capital, Black Sea Fund, GapMinder, Early Game Ventures, ROCA- five private equity firms created by Romanians in the last few years, have raised more than EUR150 million for investments in more
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EIB Grants EUR22.3M Loan To Garanti Bank Romania To Support Local SMEs
01.09.2019