state guarantees
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ZF English
Fight over state guarantees set to start
Companies in the automotive, energy, petrochemical, agricultural, steel, and home building sectors could receive state guarantees of up to 6 billion RON (1.5 billion euros), with the Ministry of Finance to establish the criteria that need to be met.
ZF English · Automotive
Ford gets the biggest state guarantees of the past 20 years
The Romanian state is providing the largest guarantee of the past twenty years, worth 320m euros, for Ford's investments in Craiova plant.
ZF English
ING gets state guarantees, announces 7,000 layoffs and resignation of CEO
ING is going to resort to state guarantees for its loan portfolio and is set to make 7,000 employees redundant, while the Chief Executive Officer of the Dutch financial group, Michel Tilmant...