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.
Romania, which for years ranked last in the EU for packaging waste recycling, now stands at the forefront of Europe’s circular economy, proving that a country with initially fragile infrastructure can implement, in record time, one of the most effective collection and recycling systems in Europe. This rapid transformation is taking place in a European […]
Tucked inside Radisson Blu Hotel, Bucharest, Ginger Sushi Bar & Lounge marks the turn of the year with an intimate New Year’s Eve dining experience built around a multi-course tasting menu. From 19:00 onwards, guests are welcomed to a carefully paced evening that blends Japanese inspiration with premium ingredients, from scallops and Wagyu to Chilean […]
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Aon Romania, part of the global group Aon plc, draws attention to the urgent need for structured solutions to protect trade receivables in an economic context characterized by high volatility and geopolitical uncertainty. The subject was central to the discussions at TRADE CREDIT TALKS - Receivable Protection in the Age of Volatility, where business leaders […]
Bucharest’s shopping centres posted mixed financial results in 2024, with major discrepancies between the city’s largest malls and mid-sized retail centres, according to financial analysis platform RisCo.ro. The data shows contrasts in profitability and turnover, as well as significant losses among some of the capital’s biggest retail projects. AFI Cotroceni recorded the highest turnover of […]
