The "Romania International Remittance Market Business and Investment Opportunities - Analysis by Transaction Value & Volume, Inbound and Outbound Transfers to and from Key States, Consumer Demographics - Q1 2024" report has been added to ResearchAndMarkets.com's offering.International inbound remittance market in Romania has increased at 17.2% during 2023 to reach US$ 11.60 billion in 2024. Over the forecast period (2024-2028), market size is expected to record a CAGR of 11.4%, increasing from US$ 9.90 billion in 2023 to reach US$ 17.85 billion by 2028.Remittance outflow market in Romania has increased at 6.8% during 2023 to reach US$ 1.10 billion in 2024. Over the forecast period (2024-2028), market size is expected to record a CAGR of 4.2%, increasing from US$ 1.03 billion in 2023 to reach US$ 1.30 billion by 2028. This report provides a comprehensive analysis of the international inbound and outbound remittance market in Romania. It covers the market opportunity by transaction value, transaction volume, average value per transaction, key market players, market opportunity by channel, consumer profile, and by sending / receiving countries.The research methodology is based on industry best practices. Its unbiased analysis leverages a proprietary analytics platform to offer a detailed view on emerging business and investment market opportunities. (Source:https://finance.yahoo.com/)
President Klaus Iohannis is to hold consultations with the parliamentary parties on nominating a candidate for the prime minister job on Sunday, December 22, the Presidential Administration announced. The president, whose mandate has been extended after the
Step into 2025 with music, excitement, and unforgettable performances! New Year’s Eve at JW Marriott Bucharest Grand Hotel is not just a celebration – it’s a grand spectacle where world-class entertainment, live music, and vibrant energy come together for a night to remember. This year, we’ve curated a sensational lineup of artists and performers to […]
The Bucharest Police recently announced that the city will host several commemorative ceremonies marking 35 years since the Romanian Revolution of December 1989, causing traffic restrictions around the city. The restrictions will be in place from Friday to Sunday, December 20-22, 2024. On Friday, December 20, at around 10:00 AM, a religious/military ceremony with wreath-laying […]
Alex Florența, the General Prosecutor of Romania, said on Friday, December 20, that harsher punishments are needed to combat incitement to violence and Legionnaire propaganda (related to Mișcarea Legionară, a Romanian interwar fascist movement) in public spaces effectively. To that end, the office of the General Prosecutor will propose new measures to combat such phenomena. However, […]
Dennis Lloyd, Inna, Damian & Brothers, and Killa Fonic are among the artists who will perform at Flight Festival 2025. The festival is scheduled to take place between June 20 and June 22 at Timișoara’s Banat Village Museum. For three days, the venue “will open its doors for an experience that combines music, nature, and […]
Around 67% of Romanians believe that the economic situation will worsen, 7% higher than the previous year, according to the EY Consumer Index Romania 2024. Findings suggest a challenging start of 2025 both economically and politically in Romania. Additionally, in 2024, more than half of respondents (59%) were extremely concerned about conflicts and external wars. […]
