Romanian lender BCR, part of Austrian group Erste, said it would exchange the Ukrainian currency hryvnia UAH to the Romanian RON as part of a series of measures to support Ukrainian refugees. It will exchange cash UAH to RON, at the exchange rate set by the central bank BNR, within a limit of RON 2,000 (EUR 400) per person/ Ukrainian passport. This is available only to holders of Ukrainian passports. Upon arriving in Romania, Ukrainians found they could not exchange their money as the Ukrainian currency wasn’t included in the banks’ currency exchange service. BCR said it would not apply fees to POS and ATM transactions performed with cards issued in Ukraine, or to inter and intra-banking payments. Eleven BCR branches can cover the need for additional cash 24/7, the lender said. These are located in border areas, and additional teams work to resupply the bank’s ATMs. The bank said it also opened a donation section on its online service George for children and youth in Ukraine and made financial donations to Salva?i Copiii (Save the Children), Crucea Ro?ie Român? (Romanian Red Cross) and the Association of Young Ukrainians in Romania, three NGOs involved in the refugee crisis. It also made its buildings in areas close to the Ukrainian border available to be used as storage for aid or other intervention supplies, it said.
Romania’s electric car market dropped 58% in March compared to 2024, mainly due to the postponement of the implementation of the new Rabla Program and uncertainties regarding the voucher value for electric cars. As such, fully electric cars accounted for just 2.75% of total new car registrations last month. The registration figures, examined by Profit.ro,...
Former president Ion Iliescu and ex-prime minister Petre Roman will stand trial over their involvement in the 1990 miners' riot (Mineriada) case, the General Prosecutor's Office announced on Wednesday, April 2. The case concerns the violent repression of the protests against Ion Iliescu's regime in mid-June 1990, only six months after the 1989 Romanian Revolution. The...
The Holland & Barrett brand, a British chain of stores specializing in dietary supplements and vegan food and one of the largest companies in the health and wellness sector in Europe, is preparing to open its first own stores in Romania. The chain will enter the local market through the Greek company Fourlis, which also […]
Archaeologists from the Buzău County Museum, in southern Romania, have discovered 31 human settlements on the construction site of a wind farm. The region where the settlements were discovered was chosen for a new wind farm because of its favorable meteorological conditions, and annual tests were conducted as early as 2010. Construction work began in […]
Romania has become the EU country with the highest unemployment rate among young people under 25 (26.3%), according to official Eurostat data published in December 2024 and analyzed by the Social Monitor, a project of the Friedrich Ebert Foundation Romania. Thus, Romania surpassed states such as Spain and Greece, where youth unemployment has always been […]
In its half-year report for the second half of 2024, TikTok said it blocked 33,000 spam accounts in Romania and nearly 100,000 fake accounts. It highlighted its intense activity in blocking fraudulent activity related to Romania, particularly during the electoral campaign, indirectly admitting the...
