Red Code for Entrepreneurs in Romania. Saving SMEs From Crisis - A New SME Invest Program Is Needed, Says Jianu
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Florin Jianu calls for a new IMM Invest program: "From 10 billion to zero, it seems like a radical measure to me.Romania has 20% more firms coming out of the economy than newly created ones, and the lack of cash-flow is starting to be felt more and more by the business environment, warns Florin Ji...More...
Florin Jianu, President of IMM Romania, draws attention to the fact that there are now 20% more companies coming out of the economy compared to those that are set up, under the conditions that, by the middle of the year, around 96,000 companies [...]
An IMM Invest program should be re-analysed, under the conditions in which the economy faces a lack of cash flow, and the default rate of the program is below 2%, said, on Tuesday, Florin Jianu, president of IMM Romania, at a special event. Romania has 20% more companies that come out of the economy compared to those that are established, under the conditions in which, by mid-year, around 96,000 new companies have registered, and 110,000 - 111,0…
Jianu, IMM Romania: We should look again at an IMM Invest program; cash flow is missing in the economy
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