Business Forum
| 25 March, 2024 at 9:17 PM
Revolut becomes the first bank in Romania to launch eSIM
Revolut became one of the first digital banks in the Economic European Area (EEA) and the first in Romania to launch eSIM.
Revolut became one of the first digital banks in the Economic European Area (EEA) and the first in Romania to launch eSIM.
The Study analyses a record 559 deals throughout 2023, indicating the resilience and adaptability of the European M&A market amidst challenging global conditions.
More than 100 million transactions, worth a total of RON 13.6 billion, were processed through the approximately 25,000 PayPoint partner stores.
ING Bank Romania announces the launch of the account for joint spending ING Together, dedicated to those who choose to manage their money together with other close people.
Emerging market currencies are going to be under pressure until at least the third quarter of 2024.
The number of investors in the fund also increased more than 12 times in these three years, from 1,483 at the end of February 2021 to 18,265 in February 2024.
In the current economic context, buying a car can pose a significant expense for Romanians, and securing favorable financing terms isn't always straightforward.
ING Bank Romania has financed Medisprof Group, which owns the largest private oncology hospital in western Romania, to expand in the region of Moldova.
The taxes paid online represented almost 60% of the total value of local taxes paid with Visa cards in 2023.
The annual inflation rate dropped in February 2024 to 7.23%, from 7.41% in January.
Over the past 7 years tbi bank went through a major transformation from a traditional local player into SEE's leading challenger bank.
With double-digit premium growth and a strong increase in profit, Vienna Insurance Group (VIG) presents a particularly successful financial year 2023.
The value of the company increased by 23% in the two years of its presence on the capital market, and at the time of the transfer it had a capitalization of RON 234.7 million.
Romania was a top beneficiary of EIB financing in 2023, with total financial commitments reaching a record high of €4.1 billion.
2023 report shows great consolidated financial results, with growing profitability and increasing income.
In 2023, Alpha Bank Romania continued to adapt to challenges and changes in the macroeconomic environment.
Europeans are confident about their travel spending power in 2024 despite the ongoing cost of living pressure across the continent.
Banca Transilvania has impressively jumped from being the 7th to the 3rd strongest banking brand in the world in 2024.
Over the last two years, geopolitical tensions have escalated across the world, fragmenting the global trade landscape.
Rodbun Group, a leading Romanian company active in the agribusiness sector, has signed a syndicated credit facility totalling €101.5 million.
Institutional investors and wealth managers expect the correlation between bonds and equities to turn increasingly negative over the next 12 months.
Romanian brands would have resounding success in other countries, but most entrepreneurs are still reluctant to expand their business internationally.
As expected, 2023 recorded a high-speed rebound in insolvencies in three out of four countries (55% of global GDP).
NN paid insurance customers and private pensions participants RON 983 million in 2023, 27% more than the previous year.
Turkish land systems manufacturer Otokar has entered into a joint venture (JV) agreement with Romanian defense company Automecanica to manufacture Otokar Cobra II 4x4.
Bolt Food, the food delivery arm of the ride-sharing platform Bolt, has appointed Alexandra Dinovici as the new General Manager for its local operations.
Premier Restaurants Romania, the operator of McDonald's restaurants in the country, announced a turnover of over RON 2 billion (€401 million) in 2024.
The Macroeconomic Confidence Index, compiled by the CFA Romania Association, has shown a modest increase in March 2025, rising by 7.3 points to 43.9 points.
Chinese car maker Chery has officially announced its entry into the Romanian market through a partnership agreement with Auto Italia Group, part of the Samelet Group.