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Bucharest
March 6, 2021
BUSINESS

Veneto Banca supports absorption of European funds

Veneto Banca has organized, in collaboration with KW Forester consultancy company, a conference titled “Structural Funds: From Idea to Realizing an Investment Project.” Presented at the conference were the stages of drafting, financial programming and implementation of a project financed from non-reimbursable funds as well as the investment opportunities offered by the Structural Fund’s 2014-2020 programming period.

The event, attended by the representatives of central authorities, of the academia, banking sector specialists and expert consultants on structural funds, brought together numerous investors interested in developing such projects.

“The 2014-2020 programming period is very important for Romania’s development and Veneto Banca wants to confirm once more its support for Romanian companies in the process of absorbing structural funds. For Romanian companies structural funds represent an extra chance to develop sustainably and to become important players on the European market too, by taking advantage of Romania’s advantages as EU member state, a chance that has to be put to good use,” Veneto Banca Romania Director Alberto Morini stated.

“We are aware of the financial and bureaucratic difficulties that Romanian entrepreneurs face when accessing structural funds, especially in what concerns the co-financing scheme. Thus, we want to come to meet Romanian companies that plan to implement projects with European funds, by putting at their disposal a customized program featuring dedicated products and special consultancy in sectors such as agriculture, environment and manufacturing industry,” Veneto Banca Romania Director Alberto Morini stated.

The event also addressed technical aspects that concern the carrying out of a project with structural funds, aspects presented by expert consultants and specialists from the banking system.

Veneto Banca has been present in Romania since 2000, the year in which it bought the majority shares package of the Italo Romena Bank which merged with its parent-bank in May 2014.

Today, Veneto Banca’s Romanian subsidiary has a network of 22 agencies – 5 in Bucharest and 17 in the country’s main cities.

 

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