Category: Finances
TBI Bank becomes the first SEE bank to partner with Bank of Lithuania for the launch of SEPA Instant
TBI Bank becomes the first bank in Southeast Europe to launch SEPA Instant, a real time payments scheme. The service is offered via Bank of Lithuania and provides customers with the […]
Romanian cosmetics producer Farmec posts a 46% increase in sales for its online platform for 2019
Farmec, the biggest Romanian cosmetics producer, keeps developing its e-commerce segment and posted an accelerated increase of revenues for its online store, www.farmec.ro. In 2019, Farmec’s online sales increased by over […]
OTP Asset Management launches „Outlook 2020”, the analysis of the economic evolution of the Romanian market in the international context
OTP Asset Management Romania launches the market analysis “Outlook 2020”, at its IV edition, presenting the global and local economic retrospective for 2019 and the portfolio managers’ expectations regarding the […]
Impact Hub Bucharest attracts a new partner and a €2M investment from Autonom
Impact Hub Bucharest, organization supporting Romanian entrepreneurs and innovators with coworking spaces, team offices, events and acceleration programs, finishes the process to redefine its development strategy started during the summer […]
GapMinder makes a follow-on investment in FintechOS which raises USD 14m in total
FintechOS, has announced that it has raised a USD 14M Series A round to continue its hyper accelerated growth and further development of the platform. The financing was been led […]
New Creative Agency 2050 Champions the Hard Work of Migrants in New Campaign for Azimo money transfer service
Creative agency 2050 & Azimo are drawing attention to the hard work of migrants in Europe in new Pan-European brand campaign. Azimo, which means ‘support’ in Swahilli, is a digital […]
Salaries in Romanian ad industry – up 3% in 2019, according to UAPR’s Salary Survey
Romanian ad industry is on the raise and that is reflected also in the net salaries of its employees, which grew on average by 3% in 2019, compared to 2018. […]
OTP Bank Romania launches the Rocket Loan for SMEs, with 100% online application
OTP Bank Romania launches the first platform dedicated to clients that are Small and Medium Enterprises (SME) – Rocket Loan. Entrepreneurs who want to obtain one of the financing products […]
GfK: Europeans spend €14,739 per person in 2019
Europeans have an average of €14,739 per person available for spending and saving in 2019. But disposable net income among the 42 studied countries varies significantly: Liechtenstein, Switzerland and Luxembourg […]
Mastercard and DPD, extended partnership on Romanian market to encourage card payments at delivery
Mastercard and DPD launched a partnership aimed to encourage the direct card payments for the delivery of goods bought online. The solution, launched in 2016, aims to become a safe […]