Alpha Bank Romania launched at the beginning of 2024 the identity verification function of the recipient of payments made through online banking by joining the Beneficiary Name Display Service (SANB), provided by TRANSFOND.
One in four buyers purchase their cars online, but dealerships remain crucial for the transition to electric vehicles (EVs), according to the latest EY Mobility Consumer Index (MCI).
Law firm Filip & Company law firm assisted Banca Comerciala Victoriabank S.A., one of the largest banks in the Republic of Moldova, in finalizing the acquisition of BCR Chişinau S.A. from Banca Comerciala Romana S.A.
Starting from January 18, 2024, Cluj County Council is present on the Bucharest Stock Exchange (BVB) with its first issue of bonds, the local stock market announced in a press statement.
Ascendis Group, a leading player on the training and consulting market in the field of professional development in Romania, ended 2023 with turnover worth around EUR11 million, up 5%, reporting the best results in its 26-year history.
Furniture producer Spectral Mobila, with owns a plant near Barlad and a store network under the same name, ended 2023 with net turnover worth EUR6.7 million, up 16% from 2022, while its number of stores reached 34, after the company opened 11 units countrywide last year.
Romania ranks 14th in the EU by the number of new passenger cars registered in 2023, with a volume of 144,611 units, up 11.8% from 2022, out of which 15.368 were full-electric vehicles and 44,217 were hybrid ones, in line with data provided by Romania’s and Europe’s carmaker associations ACAROM and ACEA.
Michelin Romania, part of French group Michelin, one of the world’s biggest tire producers, currently has 143 jobs available for the Zalau plant.
The premium segment of Romania’s smartphone market, including phones with prices of above EUR600, will this year go beyond the EUR1 billion threshold by value and reach over EUR1 million by quantity, in line with estimates by the local representatives of South Korea’s giant Samsung, one of the world’s biggest makers of smartphones.