New Distributors for Lezyne in Russia

Thanks to a new partner in Velocenter (Russia) and Pukinn (Iceland), Lezyne are now able to sell the

more

Romania Welcomes €52 million Football Stadium

After years of planning and development, the new football stadium in Craiova has now been completed

more

Berlin Welcomes Mobike

Mobike, a bike sharing company originally from China, has now been launched in Germany with the peop

more

Central European Expansion Plan for Energie Group

Originally from the UK, the international presence of Energie Group has been growing for some time n

more

Bosch Acquires Cobi

For some time, there has been rumours swirling about the possible takeover of Cobi by Bosch eBike Sy

more

"Business Partner search for the Sports industry in Central Europe"


You are here » Home Page » News » Mid-Sized companies receive support from Ceska Sporitelna and EIB


Mid-Sized companies receive support from Ceska Sporitelna and EIB

2017-01-31 source own

Teaming up with the European Investment Bank (EIB), Ceska Sporitelna a.s. (CSAS) has introduced a new program to help develop mid-sized businesses in the Czech Republic. Thanks to support from the EIB, companies will now have access to much-needed finance to make the next step in their respective plans.

According to reports, new loans of €100 million will be made available with companies benefitting from 50% credit risk protection. As well as the two bodies mentioned, this project is also in support of ‘Horizon 2020’ from the European Union. With the extra finance available, working capital can increase which, in turn, will improve research and development for businesses in the mid-market.

EIB Vice President, Vazil Hudak, has said “Innovation is a driver of economic growth. Yet access to finance is scarce in this particular segment. Our latest operation with Česká spořitelna aims to at least partially remedy that.”

Image provided by; © Marcociannarel | Dreamstime.com - Euro Sign In Front Of The European Central Bank In Frankfurt, Germany Photo

Click here to register to get CeSports latest Business Report on doing business in Central Europe & for an overview on the Sporting Goods market in Central Europe.


Featured Partners

Featured Partners

View more featured partners

more

Press Releases

View Our Press Releases

more

FAQ

View Our FAQ

more
Featured

Sports Business Partner Connections Central Europe

Head logo Rhinos logo order reports