OTP Bank Romania announced a 66% increase in the number of digital product users in the last year and a half, and one of the bank's most popular digital solutions, the SmartBank application, was adopted by over 80% of customers."One of the bank's most popular digital solutions, the SmartBank app, has been adopted by over 80% of customers, allowing them to manage banking directly from their mobile devices. This has contributed to an impressive 79% increase in transactions made through Internet & Mobile Banking services. Soon, customers will enjoy a new experience offered by the SmartBank application, upgraded with new functionalities that allow the customization of the dashboard according to individual needs and preferences," according to a press release from the bank.Constantin Mares, Deputy General Director of OTP Bank Romania, Digital Division, showed that the bank has focused, in the last 4 years, on digital transformation, with the aim of aligning itself with the current requirements of clients and offering them personalized experiences.OTP Bank was recognized for its achievements in the digital field, obtaining awards such as "Best performance mobile banking - Largest number of transactions" and "Best performance in internet banking - Quota clients of legal entities" awarded by Finmedia. Also, the PF Online Onboarding Flow was designated by Finnoconsult as "The best flow in the Online Onboarding category", and OTP was recognized in the Top 3 digitized banks in Romania by Finnoscore.
During the Executive Committee meeting on Thursday, November 20, the Romanian Gymnastics Federation decided to dissolve the national teams after a series of public accusations of harassment. The accusations are not new. At the end of October, upon returning to the country after the World Gymnastics Championships in Jakarta, 23-year-old athlete Denisa Golgotă revealed that […]
Chinese electronic giant Xiaomi has opened its first physical store in Romania as part of a broader strategy to strengthen its presence on the local market, with additional retail expansion planned for 2026. The new Xiaomi Store, located in Bucharest’s ParkLake Shopping Center, is the company’s first directly operated retail space in the country and […]
Romania will introduce new penalties for retailers that refuse to replace defective products, under a new law recently promulgated by president Nicușor Dan. The measure requires traders to provide a replacement within 30 days when customers report that a purchased item is faulty, whether the purchase was made in-store or online. The retailers that fail […]
Romanian saber fencer Vlad Covaliu was named the best in the world in the junior category for the second consecutive year, according to a press release from Bucharest-based CS Dinamo. The winners of the 2024–2025 World Cup were awarded over the weekend at the International Fencing Federation 2025 Congress held in Manama, the capital of […]
Romanian Finqware (17th), Questo (18th), Footprints AI (21st), and Steepsoft AI (28th) are among the fastest-growing technology startups in the region, included in the main category of the Deloitte Technology Fast 50 Central Europe 2025 ranking. The ranking measures the growth rate between 2021 and 2024. This year's ranking, now in its 26th edition, is […]
Verbund Wind Power Romania, the Romanian subsidiary of Austrian energy company Verbund, has selected a consortium comprising Prime Batteries Technology and Enevo Group for the supply and integration of a new Battery Energy Storage System - BESS with a capacity of 76 MWh and an absorption/delivery capacity of 48MW. Verbund operates a 226 MW wind […]
