123ContactForm, a Timisoara, Romania-based provider of web forms and surveys for companies and NGOs globally, received an over $1m minority investment. Private equity growth and venture capital fund Catalyst Romania* made the investment. The company intends to use the funds to develop new products, increase marketing efforts, and expand its team of 42 people. Founded […]

Digital Catalyst Fund, a Bucharest, Romania-based early-stage business incubator officially launched. Founded by Cristian Burci, the Digital Catalyst Fund aims is to provide funding and counsel for entrepreneurs and start-ups from the United States and Europe, and to connect them with tech teams in Romania. To this end, it has pulled together a board of international […]

Smartree Romania SRL, a Bucharest, Romania-based human resources outsourcing company, has revieved a €3m majority investment from Enterprise Venture Fund I (EVF), the venture capital fund managed by Enterprise Investors (EI).  The deal allows EVF to take a 56% stakein the company.  The capital infusion will enable Smartree, which currently provides HR outsourcing services such […]

The European Investment Bank (EIB) is lending €50m to Piraeus Bank Romania to finance permanent working capital increases, as well as projects of small and medium-sized enterprises (SMEs) in Romania.  This loan is specifically designed to support projects promoted by SMEs in the areas of industry, services including tourism, agriculture, health, energy, environmental protection and […]

Syntaxis Capital, a Vienna and Warsaw-based mezzanine capital provider, announced the first closing of its second Central European mezzanine fund, with aggregated commitments of €140m, just over half its targeted amount. Syntaxis Mezzanine Fund II follows on the firm’s main fund which reached the final closing at the end of 2008, which collected under €120m, […]