Revolut, licensed bank and financial investment company with over 55 million customers globally, announced new developments in the team of the Revolut Bank UAB Romanian branch, continuing to strengthen its presence as a primary bank account for its over 4.5 million clients in Romania. Gabriela Simion, the General Manager of RBUAB Vilnius Sucursala Bucure?ti, has recently stepped into a new role at group level, leading the Global Credit Insurance business. She joined Revolut in 2021 and played a key role in launching both the company’s credit products and the RBUAB local branch last year. Gianmaria Scocca, who has been recently appointed member of the board of RBUAB, will oversee the operations of the RBUAB Vilnius Sucursala Bucure?ti. He will also supervise the local team ensuring robust operational oversight and risk management, as well as collaborate with product teams to expand existing new features and services while localizing requirements. Revolut Bank UAB Romania Branch has appointed Tamer Nurla as the Deputy Branch Manager. Tamer joined the Revolut team in 2024 as the Operations Manager of the local branch, being responsible for the rollout of the integrations of the bank’s operations with the local schemes Regis and TRANSFOND. Revolut, which is one of the most downloaded banking apps in Europe, is committed to increasing its presence across Europe with the opening of local branches, which have already launched in markets like Romania, France, Ireland, Spain, Netherlands, Germany, and Belgium, and are expected to be followed by others in 2025. This significant advancement enables customers to designate Revolut as their main account, presenting a robust alternative to conventional banking. The introduction of local IBANs supported Revolut’s usability and facilitated a wider range of customer services, simultaneously improving security via local regulatory supervision. In Romania, Revolut operates as a fully digital bank and offers services to over 4.5 million retail clients. The retail customer base grew by 28% last year, achieving a 25% nationwide penetration rate, with higher concentrations in major urban centers and tourist hotspots like Bucharest (44%) and Constanta (30%). Revolut Business also experienced significant growth, with its customer base increasing by 116% last year.
Romania’s famous Mud Volcanoes, located in the southern Buzău County, were recently scanned by experts from the National Institute for Earth Physics Research and Development with the help of drones equipped with modern sensors, in order to better understand the structure of the soil and the associated risks. INFP specialists, together with their partners Skyline […]
Romania’s residential market posted record apartment sales in July as buyers rushed to finalize transactions before the removal of the reduced VAT rate and the increase in the standard VAT from 19% to 21%, according to real estate consultancy Colliers. The VAT change came into effect as of August 1, driving a surge of last-minute […]
King Charles III’s House in Viscri, the famous village in Romania’s Transylvania region, has unveiled a new exhibition dedicated to celebrated Romanian artist Constantin Flondor, marking another milestone in the site’s mission to link heritage with contemporary art. Garden Empire/Împărăția Grădinii opened on August 19 and will remain on display until November 2. Curated by […]
Romanian businessman Vladimir Ciorbă, investigated in the now-famous Nordis case together with former Social Democratic deputy Laura Vicol, is now permitted to leave the country after judges lifted the judicial control measure. The controversial real estate developer Nordis, operating in some of Romania’s prime residential and commercial areas, collected nearly EUR 200 million through a […]
In a period marked by social and economic tensions, most employees in Romania want to grow more and faster both professionally and personally. Nearly 60% believe that employers could make greater efforts to support their development, according to a Genesis Property survey conducted in the first half of 2025 on a nationally representative sample of […]
Romanians remain worried about job security amid economic uncertainty, with many lacking financial safety nets and expressing doubts about their chances of quickly finding new employment, according to a new survey conducted by OLX Locuri de Muncă. Only one in three respondents said they consider their current job secure in the long term, while 29% […]
