News » May, 2011 » 1 May 2011
Romania To Set Up Investment Fund For Profitable SMEs With Cash Problems
01.05.2011, 14:57 | Finance-Banks | 1177 views
Romania's Government will create an investment fund, fed by the National SME Loan Guarantee Fund, the Romanian Counterguarantee Fund and Eximbank, to finance profitable SMEs with temporary cash problems, and will also work out a system to finance small unlisted companies. These steps are included in the Government's National Reform Program for 2011-2013, obtained by Mediafax. The fund's purpose is to help start-up businesses and profitable SMEs with temporary cash problems. It will also be open to other interested banks or financial institutions. Read more on Mediafax.ro
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