09.12.2024

Romania mutual funds, managed by companies part of the country’s biggest banking groups, but also by independent administrators, are likely to reach 1 million clients at the end of 2025 should the more

08.20.2024

NN announced that it paid over RON575 million in the first half of 2024 to life, health, and home insurance clients and to participants to private pension funds managed by NN, which translates into a more

07.25.2024

Vodafone, a major player on the local IT&C market, part of the British group of the same name, for the first quarter of fiscal year 2025, ended in June, reported a number of 6.570 million clients for more

07.24.2024

Investimental, the newest broker on the local capital market, has reached a number of 2,100 unique clients, in line with the company’s report for its first year of activity. more

07.02.2024

Global fintech Revolut saw its retail client base go up by 13% in the first six months of 2024 and will shortly reach the 4 million client threshold. more

02.29.2024

NN paid insurance customers and private pensions participants a total RON983 million in 2023, higher by 27% than in 2022. more

04.24.2023

Vodafone Romania SA, the main entity the British telecom group owns on the local market, in 2022 registered RON4.695 billion turnover, up 2.3% on the year. more

10.05.2022

Lithuania’s car sharing company Spark, which started operating in Bucharest in 2019, expects its number of clients to rise by around 10% during 2022 and plans to further develop its services in the more

09.15.2022

Romanian courier company Cargus conducted an extensive study on the interest of consumers in online shopping and their preferences regarding delivery methods, between August and September 2022. more

07.22.2022

Freshful, one of the newest online hypermarkets on Romania’s market, a project developed by eMAG, leader of the local virtual retail sector, has reached the threshold of 15,000 clients per month, more

06.21.2022

Startup Profluo, which builds machine learning technology for the automatic processing of accounting documents, has attracted its first client from abroad and plans to launch its platform more

07.06.2021

Brokerage company TradeVille has reached some 20,000 clients that carry out transactions on the platform, both the instruments listed on the Bucharest Stock Exchange and on the large global stock more

12.18.2017

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03.08.2016

Over a quarter of microenterprises in Romania are run by women and most female entrepreneurs in this sector operate in central region of Transylvania, according to data from Romania's largest bank more

01.08.2016

Electro-IT retailer Altex on Friday said it would provide post-sale services to Domo’s former clients after the latter had closed its stores. more

09.18.2015

Romanian online applications provider Zitec eyes revenue of EUR5 million (nearly 22 million lei) in 2015, while planning that half of its turnover be generated from projects for medium and large more

11.20.2013

RCS&RDS, held by Romanian entrepreneur Zoltan Teszari, won about half a million new clients for fixed internet services in two and a half years, and now controls half of this market segment, according more

10.25.2013

The initial public offering (IPO) of 15% in state-run natural gas producer Romgaz, the largest offering in the history of the Bucharest Stock Exchange, has made a lot of commotion on the financial more

09.30.2013

The private banking division of UniCredit Tiriac Bank has reached a portfolio of nearly 3,000 clients following the transaction completed earlier this month whereby the bank took over all the retail more

04.12.2013

RBS has completed an important phase of the restructuring of its Romanian operations, which includes reducing its territorial network to four branches, as the bank plans to serve only corporate more

01.14.2013

Omniasig, the largest insurer in Romania, controlled by Austria’s Vienna Insurance Group (VIG), has budgeted a one-digit turnover increase for this year. The company plans to narrow down its segment more

09.27.2012

ING Bank has completed the restructuring of its product and services offer for top clients, which total around 500 clients with fortunes larger than EUR400,000, enabling access to new placement more

09.24.2012

Loan rescheduling for individuals who are late on their installment payments has not been “satisfactory’ in terms of results, according to Romania’s central bank, as the share of rescheduled more

08.24.2011

Clients who want to withdraw more than EUR5,000 from their current accounts need to notify the bank at least one day ahead and in some cases they even need to go to the bank to file a written more

06.08.2011

With insurance policies starting from just EUR12 per year, Alico needs half a million clients so its portfolio will generate sufficiently high revenues. more