Finance | 23 October, 2024 at 8:53 AM
Romanian banks benefit almost €500 million in funding from EIF
EIF signs agreements with seven banks to boost business competitiveness and sustainability.
EIF signs agreements with seven banks to boost business competitiveness and sustainability.
Under this new agreement, 30% of the funds will be directed to projects supporting the transition to a green economy.
”Talent Insight. The Workforce and SMEs" is part of Pluxee Romania's long-term strategy to bolster the Romanian entrepreneurial sector.
The event is part of a series of workshops aimed at encouraging the development of Romanian businesses towards the digital economy and through e-commerce.
Romania continues to be among the least digitized countries, including in the private sector, on the European continent.
Digitization is not a luxury, but the foundation on which the agility and ability of entrepreneurs to immediately respond to market needs is built.
Both SMEs and individuals are increasingly turning to second-hand furniture, with demand increasing by 14% compared to previous years.
Lower discount rates make their future cash flows more attractive, leading to higher valuations.
Strong investor demand allowed initial indicative price of 6% to fall by 37.5 basis points to a price of 5.625%, while the peak value of orders reached more than €800 million.
The transaction adds to a record portfolio of nearly 5 GW of renewable energy projects advised in 2024, across various areas.
The Agreement's key priority is the expansion of the existing exploration and production cooperation and the application of MOL technology in Kazakhstan.
AI boom could further threaten 2050 decarbonization commitments unless used responsibly and scaled to its full potential as a lever of achieving net zero.