MoneyGram International, Inc., a global leader in the financial industry connecting communities worldwide, announces a new collaboration with Arsis Trading SRL, the largest independent telecommunications retailer in Romania, to extend access to both national and international money transfer options throughout the country. Through this collaboration, anyone can send and receive money using MoneyGram services at Arsis locations in Romania. All those in need of speed and security in using money transfer services now have over 140 new physical options throughout the country. Both incoming and outgoing cash transfers are facilitated in the local currency. “By collaborating with Romania’s largest independent telecommunications retailer, MoneyGram can expand its existing presence to offer customers in Romania more and more physical options to send and receive funds from loved ones anywhere in the world. As companies’ interest in using our global network is growing, we are excited about the interest and demand for our services and look forward to working with Arsis to expand and facilitate access to our fintech solutions throughout Romania,” said Marius Dobrescu, Head of Sales MoneyGram for Southern Europe. In Romania, both incoming and outgoing money transfers have seen growth in recent years. According to the World Bank, in 2022, consumers abroad sent over $11 billion to the country as personal remittances. In 2021, customers in Romania sent over $642 million to friends and family worldwide. As one of the leaders in money transfer in Romania, MoneyGram continues to expand its physical presence in the region to better meet its customers’ needs and provide the most convenient and straightforward experience for cash money transfers. “We are confident that this collaboration will bring significant benefits to both our customers who walk through our doors every day and those who wish to send or receive money globally. We aim to strengthen and expand MoneyGram’s presence by offering high-quality services,” said Daniel Florea, General Manager of Arsis Trading SRL. The collaboration is already active, and MoneyGram services are available at all Arsis locations.
A new CURS poll published on Sunday, June 29, shows that if local elections were held in Bucharest next Sunday, reformist party USR would obtain 27%, followed by the Social Democratic Party (PSD) with 22%, and far-right party Alliance for the Union of Romanians (AUR) with 18%. The National Liberal Party (PNL) comes in fourth, […]
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The president of S.O.S. Romania, Diana Iovanovici Șoșoacă, announced on Monday, June 30, that three senators were expelled from the party, effectively disbanding the party’s group in the Senate. According to the Romanian Parliament’s regulations, a party must have more than seven members to establish a group in the Senate. With the expulsion of the […]
Chinese social media platform TikTok has reportedly opened a branch in Romania, following public criticism, along with governmental and EU-level scrutiny, after Romania’s last presidential elections. The local company is called Tik Tok Romania, has a share capital of RON 5,000, and provides other IT-related service activities. It will be managed by Laura Andreea Savu, […]
