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Entrepreneurs propped up their businesses in 2010 with money raised from capital market
10.01.2011, 00:08 | Capital Markets | 791 views
In 2010, companies raised record high sums through the Stock Exchange, of above 550m RON (130m euros), even more than in the market's boom years of 2007 and 2008, but this time the sums shareholders pumped into companies were no longer aimed at development projects, but were meant to keep businesses afloat. Entrepreneurs last year coped with an extremely challenging business environment, so that many had to bring significant sums into companies just to cover losses and protect themselves against the recession and financial crisis fallout. Read more on ZF.ro
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