Tag Archives: SMEs

EBRD on talks with Uzbekistan government on ways of increasing its engagement in the country

Discussions with government on ways to increase EBRD engagement in the country LONDON, 15-Mar-2017 — /EuropaWire/ — An EBRD delegation, headed by President Suma Chakrabarti, will visit Uzbekistan on 15-17 March 2017. The visit will include high-level meetings with the authorities … Read the full press release

Airbus calls on SMEs, start-ups, entrepreneurs and students for the “Enter the SpaceDataHighway” challenge

Aims to foster innovation for its brand-new laser-based space communication system Winner will be awarded €75,000 investment and will get support of Airbus BizLab TOULOUSE, 17-Jan-2017 — /EuropaWire/ — Transmitting large volumes of data in near real time through space at … Read the full press release

SMEs in Germany optimistic about 2017 – KfW-ifo SME Barometer

Confidence rises among SMEs and large enterprises Domestic demand remains sound as companies hope for a recovery of export markets Upswing will enter fourth year under difficult conditions FRANKFURT AM MAIN, 29-Dec-2016 — /EuropaWire/ — Small and medium-sized enterprises in … Read the full press release

KfW SME Panel: Number of trainees at SMEs has remained relatively stable at 1.2 million

FRANKFURT AM MAIN, 30-Aug-2016 — /EuropaWire/ — Nine out of ten apprentices train in mid-sized companies SMEs are bucking the trend and keeping their trainee numbers constant at around 1.2 million Manual trades are particularly popular Refugees are reason behind first … Read the full press release

KfW-ifo SME Barometer: SMEs enter the new year with a slight deterioration in sentiment

SME sentiment declines towards the end of the year Retail dissatisfied with Christmas business Large enterprises close 2015 in highest spirits Frankfurt am Main, 29-12-2015 — /EuropaWire/ — The SMEs enter the new year with a slight deterioration in sentiment, according to … Read the full press release

Lloyds Bank Commercial Banking research: SMEs believe future success relies on their ability to recruit so-called millennials

Almost nine in ten SMEs say ‘future growth relies on millennials’ Millennials will turn down job if culture isn’t right, even if money is good Businesses are investing 15 per cent of annual turnover to recruit millennials They need mentoring … Read the full press release

Aviva research: SMEs fail to make use of expert advice when setting up their business

Only 9% consult legal advisers while 13% use IFAs One in ten not sure whether they need to enrol their staff into a workplace pension A quarter of SMEs don’t know employers’ liability insurance is legally required once they have … Read the full press release

Heathrow and Asia House expanded their series of guides designed to help SMEs trade with Asia

London, UK, 10-1-2014 — /EuropaWire/ — Heathrow and Asia House have expanded their series of tailored guides designed to help SMEs trade with Asia. The series now includes Azerbaijan, Kazakhstan, Malaysia, Mongolia, Myanmar (Burma), Pakistan, The Philippines and Turkey, and follows … Read the full press release

European Investment Bank (EIB) granted €100 million loan to Banco Popular Portugal to finance SMEs and midcaps in Portugal

Luxembourg, 16-12-2013 — /EuropaWire/ — Building upon a long-standing and fruitful cooperation between the two institutions, the European Investment Bank (EIB) has granted a EUR 100 million loan to Banco Popular Portugal to finance small and medium-sized projects undertaken by SMEs and … Read the full press release

Alba Leasing and EIB signed €95 million loan guaranteed by SACE for new leasing schemes targeting SMEs

Milan, Italy, 05-12-2013 — /EuropaWire/ — Alba Leasing – a major financial leasing company – and the European Investment Bank (EIB) have signed a €95 million loan guaranteed by SACE for supporting new leasing schemes targeting SMEs. These new financial resources will be used to develop Alba Leasing’s business … Read the full press release

Orange Business Services completes the acquisition of consulting firm InovenAltenor

Orange Business Services has just completed the acquisition of consulting firm InovenAltenor. The acquisition confirms Orange Business Services’ ambitions in supporting companies in the strategic domain of digital transformation and the positioning of Orange Consulting, its consulting arm that specializes … Read the full press release

EBRD lends €10 million to Albania’s Credins Bank Sh.A. for SMEs and trade financing

For on-lending to local SMEs and trade financing 28-8-2013 — /EuropaWire/ — The EBRD is providing Albania’s Credins Bank Sh.A. with €10 million in loans for on-lending to local small and medium-sized enterprises and supporting trade finance solutions for clients of the … Read the full press release

Bundesverband der Deutschen Industrie criticizes EP proposal to introduce women’s quota for SMEs

“Out of touch, bureaucratic and harmful for medium-sized businesses”. The BDI criticizes the proposal by the European Parliament to introduce a women’s quota for small and medium-sized businesses. 17-7-2013 — /europawire.eu/ — Holger Lösch, a member of the BDI General Directorate, … Read the full press release

EIB lended EUR 250 million to the Croatian Bank for Reconstruction and Development

12-7-2013 — /europawire.eu/ — The European Investment Bank (EIB) is lending EUR 250 million to the Croatian Bank for Reconstruction and Development (HBOR – Hrvatska banka za obnovu i razvitak) to finance projects promoted by small and medium-sized enterprises (SMEs), mid-cap … Read the full press release

SAP sponsored Oxford Economics’ global study finds SMEs are going global

Oxford Economics’ Global Study Sponsored by SAP Reveals Small and Midsize Firms That Do Business in Six or More Countries Will More Than Double in Three Years WALLDORF, Germany, 3-7-2013 — /europawire.eu/ — SAP AG (NYSE: SAP) and Oxford Economics today announced survey findings by … Read the full press release

President Barroso Statement on his meeting with Prime Minister of Bulgaria Plamen Oresharski

José Manuel Durão Barroso – President of the European Commission Brussels, 24-6-2013 — /europawire.eu/ — Good morning ladies and gentlemen, I would like to warmly welcome Prime Minister Oresharski to the European Commission for the first time. We had an open, frank … Read the full press release

EIB provides $150M loan to Vnesheconombank Russia

24-6-2013 — /europawire.eu/ — The European Investment Bank (EIB) is lending USD 150 million to Vnesheconombank (VEB) to finance its participation in the International Fund to Support Entrepreneurship that is being set up by VEB and KfW. EIB funds will enable … Read the full press release

Russian asphalt producer received loan from NBD Bank under EBRD’s RuSEFF credit line

Russian Sustainable Energy Financing Facility (RuSEFF) boosts businesses and the residential sector 21-6-2013 — /europawire.eu/ — Halving energy costs is one of those achievements that can really make a difference to a small company. One Russian asphalt producer knows this from … Read the full press release

EBRD, Banque Centrale Populaire to support international trade for Moroccan companies

A 50 million US dollar trade finance line with Banque Centrale Populaire 11-6-2013 — /europawire.eu/ — The EBRD is partnering with Banque Centrale Populaire to strengthen bank support for Moroccan companies in terms of international trade so that they can raise … Read the full press release

EIB comits €20 million to the Capital North Africa Venture Fund II

10-6-2013 — /europawire.eu/ — The EIB has committed €20 million to the Capital North Africa Venture Fund II (CNAV II), a Maghreb-focused generalist fund managed by the independent Casablanca-based private equity firm, Capital Invest. CNAV II has reached a first closing … Read the full press release

EIB signs €580 million loan agreement with UniCredit

€400 million for SMEs, €50 million for midcaps, €100 million for the environment and €30 million for Industria 2015 projects Milan, 3-6-2013 — /europawire.eu/ — The European Investment Bank (EIB) and the UniCredit Group have signed four new agreements in Milan to … Read the full press release

Report: EU-funded Eco-innovative SMEs produce above average returns

Brussels, 31-5-2013 — /europawire.eu/ —  Investment in SMEs working in the area of environmentally innovative technologies is producing above average returns, creating valuable jobs and also alleviating environmental impacts, according to a new report. The performance of young SMEs funded over … Read the full press release

Middle East and North Africa (MENA) SME Facility established to expand access to finance for small businesses

Amman, Jordan, 27-5-2013 — /europawire.eu/ — IFC, a member of the World Bank Group, the European Investment Bank (EIB), Agence Française de Développement (AFD), and the European Commission through the  Neighborhood Investment Facility (NIF) are working together to provide funding for … Read the full press release

EBRD opens €150M credit line to provide loans for energy efficiency and renewables, agriculture and female entrepreneurs in Turkey

New EBRD credit line will provide loans for energy efficiency and renewables, agriculture and female entrepreneurs in partnership with Turkey’s largest bank 21-5-2013 — /europawire.eu/ — Turkey relies on small and medium-sized enterprises (SMEs) for 80 per cent of its employment … Read the full press release

EIB signs EUR 300m loan agreement with CaixaBank to finance SMEs and midcaps

Luxembourg, 20-5-2013 — /europawire.eu/ — The European Investment Bank (EIB) has signed a EUR 300 million loan agreement with CaixaBank to finance small and medium-scale investment projects promoted by SMEs (with fewer than 250 employees) and midcaps (companies with up to 3 000 … Read the full press release

EUR 500m loan agreement between EIB and Instituto de Crédito Oficial, Spain

20-5-2013 — /europawire.eu/ — The European Investment Bank (EIB) has signed a EUR 500 million loan agreement with the Instituto de Crédito Oficial (ICO) designed to boost the amount of credit available to SMEs and midcaps (companies with up to 3 000 employees), … Read the full press release

EIB to lend EUR 15 billion to SMEs during 2013 to 2015 in order to support growth and jobs in Europe

EIB attaches high importance to small and medium-sized enterprises 16-5-2013 — /europawire.eu/ — The European Investment Bank (EIB) attaches the highest importance to supporting small and medium-sized enterprises in order to promote growth and jobs in Europe. The President of the … Read the full press release

The EIB Group to increase its support to SMEs for the period 2013 to 2015 thanks to the EIB’s capital increase agreed in 2012

13-5-2013 — /europawire.eu/ — It is vital that small and medium-sized businesses are able to invest, even during a downturn. The EIB Group (EIB and EIF) is increasing its support to SMEs for the period 2013 to 2015 thanks to … Read the full press release

ECB report on the SMEs access to finance in the euro area – October 2012 to March 2013

2-5-2013 — /europawire.eu/ — The European Central Bank (ECB) is today publishing its eighth report on the results of the “Survey on the access to finance of small and medium-sized enterprises (SMEs) in the euro area”. This survey round was conducted … Read the full press release