smes

Ghetea, CEC Bank: Risks Related To SME Lending Decreased From Previous Years

15:40, 22 Mai 2017
Risks related to the funding of small and medium-sized enterprises (SMEs) in Romania have decreased compared with the previous years, as the “market is cleaner” after the bulk of SMEs have vanished after the financial crisis, Radu Gratian Ghetea, president of state-owned lender CEC Bank.

Romanian Govt To Focus On New SME Support Program – PM

15:23, 02 Iul. 2011
Romanian Prime minister Emil Boc on Saturday said the Government will focus in the upcoming period on implementing a new program to support small and medium-sized businesses.

Romania Should Focus On Supporting SMEs – Ctrl Bk Head

12:18, 09 Feb. 2011
Romanian authorities can take lots of measures to support small and medium-sized enterprises, such as reducing bureaucracy and checkups, but also improving the business environment, central bank governor Mugur Isarescu said Wednesday.

Romania’s Planned VAT Measures Spark Debate

13:51, 14 Apr. 2010
The payment of the value added tax upon bill collection is solely applicable for SMEs, according to the European Union directives, which means that a generalized payment of VAT requires European Commission approval, according to Ramona Jurubita, partner within KPMG.

Romania’s SMEs Guarantee Fund Mulls Granting RON1.8B Guarantees In 2010

11:03, 11 Mart. 2010
Romania’s guarantee fund for small and medium-sized enterprises plans to grant guarantees worth 1.8 billion lei (EUR1=RON4.0981) in 2010, up 9.6% compared with a year earlier, for loans worth RON3.806 billion.

Political Instability, Econ Crisis Slashed Turnovers, Profit Of Over 50% Of Romanian SMEs – Poll

14:19, 27 Nov. 2009
Political instability and the economic crisis reduced turnovers and profit for over 50% of Romanian small and medium enterprises (SMEs) in 2009 and the SMEs operating the trade and industry sectors were the most affected, according to a study by the Council for SMEs and Cult Market Research.

Romanian BRD Sees SMEs As Riskiest Debtors

14:34, 27 Oct. 2009
Small- and medium-sized enterprises (SMEs) represent the riskiest category of debtors in Romania, due to their weak financial structure, limited financing possibilities and their high level of indebtedness, an official of Romanian lender BRD Societe Generale (BRD.RO) said Tuesday.

Romanian SME Min To Procure Consultancy Services Worth RON17.4M

15:52, 17 Aug. 2009
The Romanian Ministry for Small and Medium Sized Companies (SMEs) intends to buy consultancy services worth 17.4 million lei (EUR1=RON4.2216), in view of opening single offices for companies, developing strategies for the business environment and evaluating administrative barriers.

Romanian Govt Does Away With Foreign Investments Agency

14:19, 08 Aug. 2009
Romania’s Agency for Foreign Investments or ARIS was removed and its activity will be taken over by a special directorate within the Ministry for Small- and Medium-sized Enterprises, Commerce and Business Environment, government sources told MEDIAFAX Saturday.

Romanian SMEs Can Apply For EU Funds For Prod Investments As Of May

16:43, 13 Apr. 2009
Romania’s Ministry for Small and Medium Sized Enterprises launched for debate the applicant’s guides for European Union funds targeting investments in production, based on a budget of EUR180 million, allowing small and medium firms to apply for funds as of May.

Most Of Romanian SMEs, Affected By Fin Crisis – SME Council Head

13:41, 17 Mart. 2009
More than 90% of Romanian small and medium sized enterprises SMEs are affected by the financial crisis, mostly because of lower demand and harsher lending conditions, the president of the National Council of Small and Medium Sized Private Enterprises CNIPMMR Ovidiu Nicolescu said Tuesday.

Romania’s Banks Should Be More Flexible With Cos’ Installments

14:59, 17 Feb. 2009
Romania’s banks should be more indulgent with companies on the payment of their loan installments, Constantin Nita, the Minister of SMEs, Commerce and Business Environment, adding that the local banking system is not flexible with the current market.

Romania Has 540 Additional Taxes – SMEs

15:03, 29 Aug. 2008
The number of additional taxes collected in Romania reaches 540, some five times more than the number indicated by the Ministry of Economy and Finance, but one third of these taxes can be eliminated because they are not justified, said the representatives of the Council for private SMEs.

Romanian SMEs To Access EU Funds For Expansion Abroad

15:36, 28 Mai 2008
Romania’s small and medium-sized enterprises (SMEs) will have access to EU funds, as of late June, allowing them to extend business operations abroad and meet high quality and environment standards, officials of Romania’s Ministry for SMEs said Wednesday.