Three out of ten Romanians have credit cards, Finzoom concluded, based on a survey conducted online in Romania. In fact, due to the sample that apparently includes only part of those visiting Finzoom.ro website, the conclusion should be taken with a grain of salt since it is not relevant for the entire population of the country. A total of 30% of those who answered the Finzoom survey already have a credit card, 70% have at least one debit card, while 24% of respondents say they do not have a card. The ratio between credit card and debit cardholders (3:7) is more statistically relevant. It seems to be rather high, even if the sample of respondents is expected to feature a high degree of financial sophistication (since they visited Finzoom.ro). Asked what was the main motivation for contracting a credit card, most mentioned the need to have access to a reserve amount (32%). In the second place is the intention to make important purchases (such as appliances) with delayed payment. Regarding the characteristics of the credit card that Romanians consider the most important, the interest rate is only in 3rd place (18% of the respondents), the fees and commissions in 2nd place (22% of the respondents), and in the first place, it is the system of Interest-free instalments - nominated by 25% of respondents.
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
