Merete Clausen, Director at the European Commission's DG GROW, to join European Investment Fund (EIF) as Deputy Chief Executive starting January 16th 2025.
Through this collaboration with EIF, Garanti BBVA is launching two new guarantee programs designed to address key challenges for Romanian enterprises.
Pledge, supported by InvestEU programme, marks first EIF-backed fund focused solely on social infrastructure in Central-Eastern Europe.
Nine Realms' fund will support early-stage companies in the supply chain technology sector, with a strong focus on climate and environmental impact - including the blue economy.
Nearly half of EIB Group lending and investments in European Union last year went to cohesion regions, according to new report.
This agreement was facilitated by the InvestEU programme, which aims to trigger over €372 billion in additional investment over the period 2021-2027.
The new programme will promote women leaders in venture capital and private equity and is open for pan-EU participation.
The fund's strategy is in line with the Green Deal focusing on climate and environmental impact.
Romania's real GDP growth is forecast to remain low over the next two years, primarily due to the necessary fiscal consolidation measures that will slow consumption.
Almost 60% of companies in Romania plan to expand their use of flexible spaces over the next two years to support hybrid working strategies.
CEC Bank continues to support entrepreneurs from rural and agricultural sectors by signing a new guarantee agreement with the Rural Credit Guarantee Fund (FGCR), which allows refinancing of AGRO and RURAL loans.
Family business revenues are projected to reach $29 trillion by 2030, reflecting an 84% increase compared to 2020, according to a Deloitte study. These businesses currently account for 19% of all business revenue globally and represent more than 18,000 entities worldwide.
Endava, the technology-driven business transformation group, and Paysafe, a payments platform, announced a multi-year strategic partnership to bring payments and community engagement solutions to market faster.