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.
Romanian deep-tech startup .lumen, the developer of what it says are the world’s first AI-powered glasses for the blind, has secured a new investment from EIT Urban Mobility, the European innovation community focused on advancing sustainable and inclusive urban mobility solutions. The value of the new funding round was not disclosed. The investment aligns with […]
The health spending per capita in Romania was the lowest in the EU, with spending less than half the EU average in 2023, the recently released report, State of Health in the EU - Romania Country Health Profile 2025, shows. At the same time, life expectancy in Romania is 5.1 years below the EU average, […]
Romania’s annual inflation rate stood at roughly 9.8% in November 2025, similar to October, according to data published by the National Institute of Statistics (INS). Food prices increased by 7.6% last month, while services rose roughly 11% and non-food goods climbed 10.7%. The consumer price index rose by 0.42% in November compared with October, while […]
Three French soldiers deployed in Romania as part of NATO’s Multinational Battle Group at Cincu intervened to save a truck driver following a serious traffic accident on the A3 Bucharest–Ploiești motorway, the Romanian Ministry of Defense said. The incident occurred earlier this week as the soldiers were traveling toward Ploiești and witnessed the truck crash...
Eight contemporary art galleries will present the works of the artists they represent at the third edition of the Smallest Art Fair in Town, an event dedicated to works on paper. This edition showcases works “investigating the state of wandering, disorientation, and rediscovery in the face of uncertainty.” Under the title In Dark Woods, A […]
Parents everywhere are asking an important question: What skills will truly prepare a child for a world defined by rapid change, global uncertainty, and the rise of artificial intelligence? For decades, schools focused entirely on academics. Today, research from neuroscience, performance psychology, and leading universities shows a different reality: The students who thrive long-term are […]
