Leitner Spearheads Ropeway Expansion in Eastern Europe's Winter Sports Destinations
Leitner is cementing its role as a key player in the advancement of winter sports across Eastern Eur
moreDadelo Achieves Impressive Sales Growth with Its Bicycle Shop Chain
Dadelo, a prominent player in the bicycle retail sector, reports a remarkable 84% year-over-year sal
moreBergans of Norway Expands its Retail Footprint with a New Outlet Store in Germany
Building on its longstanding presence in the German market, Bergans of Norway has further extended i
moreCamelBak Partners with Grofa Action Sports for Distribution in Germany and Austria
CamelBak, a leading hydration systems and water bottles company based in Petaluma, California, has
moreOn Debuts Its Premier Store in Germany, Focusing on Athletic Excellence
Switzerland's rapidly expanding sportswear label, On, is set to inaugurate its first retail outlet
more
"Business
Partner search for the Sports industry in Central Europe"
You are here » Home Page
» CE Sports Business News
» Taiwan investors support ‘SME Growth Market Project’
Taiwan investors support ‘SME Growth Market Project’
2017-02-26 source ownAfter a visit to Tapei, the European Bank for Reconstruction and Development (EBRD) and the Zagreb Stock Exchange (ZSE) are working together to find ways of developing local markets. In the visit, they had meetings with the TWSE Stock Exchange, the Taiwanese Ministry of Economic Affairs, and many other institutions.
As the EBRD and ZSE continue to work together on the ‘SME Growth Market Project’, they have now received support through the Taiwan Business-EBRD Technical Cooperation Fund which is set to encourage and support all development for small and medium-sized enterprises (SMEs).
Within the Croatian economy, SMEs are very important but they are still struggling to find financing. However, this situation could improve once capital markets provide additional financing and the joint venture discussed previously is aiming to set up new financing platforms to make this happen. In compliance with the action plan of the European Union’s (EU) Capital Market Union, SMEs will benefit from a working attractive instrument.
According to reports, the EU is in support of this project as it fits in with their ‘Markets in Financial Instruments Directive 2’ which is set to begin in 2018. With new regulations, the listing and reporting requirements for SMEs will ease compared to the main markets. For the ZSE, it is vital that the project works both now and in the long-term. However, there also needs to be a balance between information that the investors need and listing requirements.
Thanks to the recent visit to Taiwan, the project not only has financial support but also business experience that could prove invaluable as references for many other nations.