Archive » October 2012 » 22 October 2012 The english news from 22 October 2012
Valcea, Romania, to upgrade water and wastewater services with EBRD loan
Up to €13.85 million to Valcea water utility will help extend and modernise water and wastewater networks …
COSMOTE Smart Play, a new smartphone under COSMOTE's brand
Consistent to its promise to always offer the customers the best value for money while making mobile communication available to all Romanians, COSMOTE Romania enriches its portfolio with a new handset under its own brand, coming to make smartphones even more accessible to anyone.…
IFC and Patria Credit Help Expand Microcredit in Romania, Boosting Entrepreneurs
IFC, a member of the World Bank Group, and Patria Credit are partnering to increase access to finance for micro and small entrepreneurs in Romania, supporting more equitable growth in the country. …
Vodafone launches the first LTE network in Romania
Until the commercial launch of 4G services, which will take place at the beginning of the next year, customers will be able to test LTE at speeds of up to 75 Mbps, in several cities. Starting 2013, Vodafone Romania will offer 4G services, at speeds of up to 100 Mbps.…
Global consumer spending slowdown eases
Growth in global consumer spending is has been slowing - but the latest value of PwC's new Global Consumer Index (GCI) suggests that the slowdown may have eased in October. This may lead to a gradual recovery in 2013.…
€30 million in new loans to Banca Transilvania for SME financing
The EBRD is providing €30 million in new financing to Banca Transilvania, one of Romania's top commercial lenders, to enable it to continue supporting local small and medium-sized enterprises. A third of this financing will be provided under the EBRD's Romania SME Sustainable Energy Financing Facility (RoSEFF) and will be dedicated specifically to energy efficiency and small scale renewable energy projects.…