04.03.2024

MedLife, the largest network of private medical services in Romania, has announced in a stock market report on April 3 the entry into the shareholding of Personal Genetics, a human medical genetics more

11.21.2023

Personal need loans remain among the most sought-after banking services, with almost 70% of Romanians saying they want this type of loan and over 60% saying they want a simpler and faster application more

07.21.2023

Personal net worth in Romania rose at an annual rate of 10.5% in the past five years, to $200 billion and is expects to continue to growth by around 7% by 2027, overshooting the growth rate of Eastern more

01.09.2023

Mashreq, the oldest private bank in the United Arab Emirates (UAE), has appointed Romanian Radu Topliceanu as its new Head of Neo and Personal Banking. more

07.11.2022

EY Future Consumer, the global research of 18,000 consumers, conducted between May 18 and June 7, 2022, found that 79% of consumers say their personal finances are a concern, with 62% expecting their more

05.05.2022

Romanian Tudor Personal Tailor, a business specialized in the production of men’s made to measure suits, has recently opened a showroom in Iasi, the fourth in Romania. more

12.15.2021

Cisco released the Cisco 2021 Consumer Privacy Survey which explores what individuals are doing to protect their privacy, the impact of privacy regulations, and their attitudes regarding the use of more

11.24.2021

Romania’s cosmetics and personal care market reached a value of EUR1.56 billion in 2020, the first pandemic year, 2% less than in 2019, in line with data provided by market research company more

01.28.2021

Romanian state-owned lender CEC Bank is launching a personal loan with a fixed interest rate of 10.40% per year, which can be contracted exclusively online, without making any trips to the bank, via more

07.12.2019

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01.25.2018

Romanian consumer lending company Cetelem IFN SA has merged with BNP Paribas Personal Finance, its sole shareholder, and will be renamed. The company will continue commercial activities in Romania more

10.03.2016

Enea Software Romania will be opening in Craiova (southern Romania) a new research and development (R&D), and will be recruiting 30 software engineers by the end of 2016. more

12.23.2015

The Romanian Government on Wednesday adopted an emergency ordinance putting off the enforcement of the personal bankruptcy law until December 2016, said the Executive spokesperson Dan Suciu. more

09.01.2015

Skin Media group, known as one of the largest IT&C equipment distributors on the Romanian market so far, ended all the partnerships for distribution of IT products last month. more

01.21.2015

The problems caused by the appreciation of the Swiss franc can only be partly solved by personal bankruptcy procedures, as such procedures only apply to insolvent individuals and would make things more

10.22.2014

British group International Personal Finance, which owns consumer lender Provident Financial Romania, posted 71.4% higher pretax profit, of GBP2.4 million (EUR3.03 million), in Romania and Bulgaria in more

06.20.2014

Insurance companies settled claims for moral damages and personal injury under auto liability policies (RCA) worth 134 million lei (EUR30.5 million) in the first three months of 2014, or 25% of the more

06.18.2014

Each of the 79 employees US giant Colgate-Palmolive has in Romania contributed 3 million lei (EUR670,000) to the company’s revenue. Thus, the company saw its productivity triple during the crisis. more

05.28.2014

Unilever South Central Europe registered revenue growth of around 5% last year, and the Romanian market boasted the best performance in the group of eight countries in the region. more

05.20.2014

Romanians spent a little less than one billion euros on cosmetics, personal care and beauty products last year, with the largest part of the sum being earmarked for perfumes (EUR200 million) and more

03.25.2014

Very few Romanians know how to answer personal finance questions correctly, a financial literacy survey reveals. more

12.31.2013

Romanians spent almost 4.3 billion lei on cosmetics - personal care and beauty products - in 2013, with the bulk of the amount going to fragrances (RON885 million) and skincare products (RON890 more

11.14.2013

Romania’s government has once again committed to refrain from adopting a long-delayed law on personal bankruptcy, arguing the measure would impair credit discipline, according to the country’s more

06.13.2013

Romania will refrain from adopting a series of bank law initiatives that could “undermine credit discipline,” including a bill on personal bankruptcy or a debt collection bill, the government said more

04.24.2013

Romania is one of the few countries in Europe that doesn’t have a personal bankruptcy legislation, leaving over-indebted consumers unprotected against creditors, a report commissioned by the more