The Romanian branch of Revolut Bank UAB will officially become active in December, after several delays, the company announced. Revolut has more than 4 million customers in Romania, its second largest market and the first in the EU.
In 2022, the bank began the regulatory process to establish a local branch in Romania, being registered in the Credit Institutions Registry.
Now, the company officially announced the start of the staged rollout of its local Romanian IBANs, from the Lithuanian...
The Romanian Air Force announced low-altitude and supersonic training flights across the country until March 10, using F-16 Fighting Falcon jets. These exercises, which improve the pilots’ reaction capabilities, may generate loud noises. According to the Romanian Air Force, all necessary safety measures are in place to minimize the impact on civilians. “Romanian Air Force […]
Interim president Ilie Bolojan held a phone conversation on Monday, March 3, with NATO Secretary General Mark Rutte, reaffirming Romania’s commitment to the Alliance and regional security. In his turn, Rutte thanked Romania for its role in the Alliance and reiterated NATO’s and the United States’ commitment to collective defense and Article 5. During the […]
Around 100 specialists will work around the clock, in three shifts, at the 1 Mai – Băneasa subway tunnel section, part of the line extending to Otopeni Airport, according to secretary-general of the Ministry of Transport, Mariana Ioniță. The first TBM machine, which will begin drilling the tunnel, is set to arrive on Monday, March […]
A new report from the Romanian branch of NGO Justice and Care shows that the scale of the child trafficking phenomenon is underestimated by the authorities and that sexual exploitation, particularly of girls, remains the primary form of trafficking. The study, based on field research and interviews with specialists from three counties, namely Dolj, Bacău, […]
The Romanian Embassy in Pakistan has opened an honorary consulate in Peshawar, covering the Khyber Pakhtunkhwa region. The country is a major source of workers, essential in filling Romania’s labor shortage. Dan Stoenescu, Romania's Ambassador to Pakistan, inaugurated the Honorary Consulate in a special ceremony attended by government officials, business leaders, and members of the […]
EVERGENT Investments, an investment company listed under the ticker EVER, reports a net result of RON 263.66 million for the year 2024, representing a 29% year-over-year increase, surpassing the budgeted level by 175%. The net result is the company’s main performance indicator and consists of net profit and net gains from the sale of financial […]
