
Terme Snovik Launches €22 Million Expansion with New Four-Star Kneipp NaturHotel
Terme Snovik, a boutique spa located in north-central Slovenia near Kamnik, is embarking on its most
moreLifeFit Group Expands Premium Fitness Portfolio with SportsUp Acquisition
LifeFit Group, a leader in Germany's fitness industry, has strengthened its premium segment with the
moreNorrøna Concept Store Opens in Zürich: A Hub for Outdoor Enthusiasts
We’re excited to announce the grand opening of the Norrøna Concept Store Zürich, located at Löw
moreProximity and Efficiency: Central Europe Becomes a Hub for Bike Production
The bicycle and e-bike industry is undergoing a transformative shift in 2025, with Central Europe (C
moreXtreme Fitness Gyms Targets Dominance in Eastern European Fitness Market
Polish fitness franchise Xtreme Fitness Gyms is making waves in the fitness industry, celebrating th
more
"Business
Partner search for the Sports industry in Central Europe"
You are here » Home Page
» CE Sports Business News
» Mid-Sized companies receive support from Ceska Sporitelna and EIB
2017-01-31
source own
Mid-Sized companies receive support from Ceska Sporitelna and EIB

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