Alpha Bank Romania has signed an agreement with UnionPay International, one of the largest payment schemes in the world and a subsidiary of China UnionPay, and has become the first bank in Romania to accept transactions with UnionPay cards at its ATM network nationwide. In recent years, Romania has become...
The post UnionPay cards accepted at Alpha Bank Romania ATMs appeared first on Nine O' Clock.
Three MPs of the junior ruling Liberal Party (PNL), who were not given eligible places on their party's lists for the general elections this autumn, were recruited by the Romania in Action Party, the emerging political entity that announced support for Mircea Geoana in the presidential elections. The three MPs are Eugen Pîrvulescu, Alin Ignat, […]
The Central Electoral Bureau (BEC) failed to do its job of spotting irregularities in the documents filed by presidential candidate Diana Sosoaca (SOS) and also failed to assess the lack of attachment to the democratic values demonstrated by candidate Sosoaca, the Romanian Constitutional Court (CCR) stated in an attempt to explain its decision of invalidating […]
"Our ruling coalition with the Social Democrats ends here," but "we remain in the Executive only to prevent the full escalation of abuses that they can achieve to win elections," Nicolae Ciuca, the leader of the junior ruling Liberal Party (PNL) in Romania, said in a statement that prompted confusion as regards its political implications […]
Romanian mergers and acquisitions (M&A) market recorded 198 transactions during the first nine months (9M) of 2024, marking an 8.2% increase compared to the same period last year (183 deals), EY said in a quarterly report. The estimated value of Romanian M&A activity rose by 22.3% y/y, reaching EUR 5.2 bln versus EUR 4.2 bln […]
Swiss group Ameropa is considering the sale of the fertiliser producer Azomures in central Romania due to high gas prices, which prevent the continued operation of the plant, according to Economedia.ro. ...
German company Schaeffler plans to lay off 800 people from the almost 5,000 employees at its Romanian factory in Cristian, near Brasov, by the end of this year, according to Profit.ro. The company's problems surfaced recently when almost 1,000 employees were...
