British neobank Revolut released its Annual Report for 2024 on Thursday, April 24, reporting significant growth across all business segments and its fourth consecutive year of profitability. Romanian users and businesses also hold large amounts of money in their Revolut accounts and have used the lending facility extensively relative to the previous year.
The Revolut Group’s revenue increased by 72% to EUR 3.7 billion, up from EUR 2.1 billion in 2023, driven by both an expanding...
Romanian car rental company Klass Wagen said that it launched the Autozentrum brand and opened its first subsidiary in Germany, becoming the first Romanian company to sell used cars on the German market. The move marks the beginning of the Klass Wagen Autozentrum European network, through which the group intends to sell used cars directly […]
The Romanian men's tennis team defeated El Salvador 3-1 over the weekend of September 13-14 and secured a spot in the Davis Cup World Group I Play-offs. The tie between the two teams was played within World Group II. In the first match of the tie, Romanian Radu Țurcanu defeated Marcelo Arévalo, 6-7 (3/7), 6-3, […]
France has introduced a pilot program to teach Romanian as a mandatory foreign language in its public school system, marking the first such initiative in the country’s education sector, the Romanian Embassy in Paris announced. The project began at Collège Aimé et Eugénie Cotton in Blanc-Mesnil, a town in the Seine-Saint-Denis department, where many students […]
Romanian athlete Sabrina Maneca Voinea won the gold medal in the final floor exercise at the 2025 FIG Artistic Gymnastics World Challenge Cup held in Paris. Voinea, who had also had the highest score in qualifications, namely 13.633, received 13.800 points for her final routine, earning the top spot. The silver medal went to the […]
An expected decision on prolonging the price capping mechanism for staple food, which expires at the end of September, may generate more tensions within Romania's four-party coalition. The Social Democrats (PSD) expressed firm views over the weekend, after the government's spokesperson, Ioana Dogioiu, on September 13 claimed that the non-prolongation decision was approved by all […]
Romania's Foreign Ministry summoned the Russian ambassador for the second time in only a couple of days, after a Russian drone entered the national territory in the evening of September 13. In a mission described by Romanian defence minister Ionut Mosteanu as "most likely a provocation," the Russian drone followed a circular trajectory for 50 […]
