Some 12% of companies in Romania face funding constraints

About 12% of Romanian companies face constraints in finding external funding, according to a survey of the European Investment Bank (EIB). The use of funds from internal sources remains high for these companies. However, self-funding a company’s activity raises big problems for small and innovative firms, reports local Agerpres. In Romania, 60% of all companies consider the transport infrastructure a constraint, compared to a EU average of 38%. Other constraints included the low availability of skilled workforce. On the other hand, the share of companies that believe that they have invested too little is higher in Romania than in other EU countries. Romanian companies invest mainly in tangible assets, with a relatively small volume of resources being directed to research and development and to professional training of employees. editor@romania-insider.com