June 3, 2003 - Invest Romania: Peace Corps to participate in Romanian small business development

Peace Corps Online: Peace Corps News: Headlines: Peace Corps Headlines - 2003: June 2003 Peace Corps Headlines: June 3, 2003 - Invest Romania: Peace Corps to participate in Romanian small business development

By Admin1 (admin) on Tuesday, June 03, 2003 - 5:54 pm: Edit Post

Peace Corps to participate in Romanian small business development

Read and comment on this story from Invest Romania on a five-year programme aimed to support the development of Romanian small and medium-sized companies that will be supported, in part, by the Peace Corps at:

USAID to finance Romanian SMEs*

* This link was active on the date it was posted. PCOL is not responsible for broken links which may have changed.

USAID to finance Romanian SMEs

Bucharest, June 3 (InvestRomania) USAID will finance a five-year programme aimed to support the development of Romanian small and medium-sized companies, a statement issued by the U.S. Embassy in Romania showed. It said the programme worth USD 15.8 million aims to improve the business legal framework, the increase of Romanian SMEs competitivines and their ability to penetrate foreign markets. Another target fort the USAID programme is to attract foreign investors in Romania.

The statement said that the project is expected to create 70,000 new jobs in Romania. The programme manager will be Cooperative Housing Foundation. Other participants in the project are Booz Allen Hamilton, Shorebank Advisory Services, Citizens Development Corps, Peace Corps s,i Advocacy Academy.

(Bucharest Newsroom-Tel/fax:+40 21 210 2934;+40 21 210 2935- edited by andrei.iva@mediaon.ro)

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