The "Romania International Remittance Market Business and Investment Opportunities - Analysis by Transaction Value & Volume, Inbound and Outbound Transfers to and from Key States, Consumer Demographics - Q1 2024" report has been added to ResearchAndMarkets.com's offering.International inbound remittance market in Romania has increased at 17.2% during 2023 to reach US$ 11.60 billion in 2024. Over the forecast period (2024-2028), market size is expected to record a CAGR of 11.4%, increasing from US$ 9.90 billion in 2023 to reach US$ 17.85 billion by 2028.Remittance outflow market in Romania has increased at 6.8% during 2023 to reach US$ 1.10 billion in 2024. Over the forecast period (2024-2028), market size is expected to record a CAGR of 4.2%, increasing from US$ 1.03 billion in 2023 to reach US$ 1.30 billion by 2028. This report provides a comprehensive analysis of the international inbound and outbound remittance market in Romania. It covers the market opportunity by transaction value, transaction volume, average value per transaction, key market players, market opportunity by channel, consumer profile, and by sending / receiving countries.The research methodology is based on industry best practices. Its unbiased analysis leverages a proprietary analytics platform to offer a detailed view on emerging business and investment market opportunities. (Source:https://finance.yahoo.com/)
The American Independent Film Festival (AIFF) returns for its 8th edition in Romania next month, showcasing films from June 7 to 13 in Bucharest and, for the first time this year, in the magical setting of Bran Castle on June 7 and 8. For the first time in the festival's history and that of the famous Bran […]
Romanian president Klaus Iohannis recently approved a law stipulating that persons with disabilities will have unrestricted access to public transportation, shops, and other spaces with guide dogs. The law, initiated by deputy Oana Țoiu and senator Silvia Dinică, was adopted by Parliament in mid-April. "From now on, people with disabilities can be accompanied by guide […]
Voxa, the leader among audiobook and e-book streaming applications in Romania, has embarked on an international journey by extending its operations in Italy. Starting on May 15, the service will be available to Italian listeners with a library of over 100,000 titles in Italian and English. By the end of the year, Voxa plans to […]
Premier Restaurants Romania, the operator of local McDonald's restaurants, said it plans to open seven new locations in 2024. At the same time, it will continue the modernization and digitization projects of existing restaurants. In 2023, Premier Restaurants opened six restaurants in Bucharest, Botoșani, Drobeta-Turnu Severin, Craiova, Pitesti, and Dumbrăvița and continued remodeling and digitization […]
Last year, internet users in Romania registered an average download speed of 587 Mbps for fixed cable internet, an increase of approximately 10% compared to 2022, and an average upload speed of 548 Mbps, an increase of 20%, according to statistics compiled by ANCOM based on tests conducted on the Netograf platform. There was also […]
Bucharest hosts the 12th edition of the Global Forum on Modern Direct Democracy this week, from May 15 to 18. The event features dozens of electoral debates and sessions on multiple topics related to the level of trust in democracy, attracting participants from around the world. The Global Forum on Modern Direct Democracy is a […]
