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The Romanian branch of Revolut Bank UAB will officially become active in December, after several delays, the company announced. Revolut has more than 4 million customers in Romania, its second largest market and the first in the EU. In 2022, the bank began the regulatory process to establish a local branch in Romania, being registered…

Business owners often find themselves uncertain before starting the development process. They’re unsure about how everything works, the stages involved, and how to communicate with the app development service company effectively. This is completely normal — everyone has a first time. This guide is for those planning to engage with mobile application development services and…

Guest soloists from the Vienna State Opera, Rome Opera, Milan Scala, Mozarteum-Salzburg, and two famous orchestras, Orchestra di Teatro D’opera Italiana and Opera Vox, will take part in the Royal Viennese National Tour (Turneul Național Regal Vienez), holding their special Christmas concert in 29 cities across Romania in December.  The young conductor and violinist soloist…

EVERGENT Investment’s Board of Directors, an investment company listed under the ticker EVER, has convened the Extraordinary and Ordinary General Meetings of Shareholders for October 28/29, 2024.  The most important items on the agenda submitted to the shareholders’ vote are: Approval of a public purchase offer for 63,632,000 EVER shares (7% of the share capital)…

The number of children left in the care of relatives or in special protection systems due to their parents working abroad has significantly decreased over the past year in Romania, according to public data quoted in an analysis by ParentED. This trend may indicate an improvement in domestic economic conditions, but the issue remains a…

History is being made in the world of Romanian golf! The first edition of the Romanian Open Championship, presented by DP World, is here to bring a fresh perspective and put Romania on the map of international golf. Inspired by the legendary Ben Hogan quote, “The most important shot in golf is the next one,”…

Romanian president Klaus Iohannis addressed the 79th session of the United Nations General Assembly on Wednesday, September 25, highlighting several global challenges and Romania’s role on the international stage. Iohannis began by stressing that Romania will always uphold the international world order, with the UN at its core. He also spoke of peace, the goal…

Romania and the United States signed Wednesday, September 25, a direct loan agreement worth USD 920 million through the Foreign Military Financing (FMF). Romania can access this funding to strengthen its defense capacity by providing modern equipment to the Army or developing the local defense industry, the government said. Prime minister Marcel Ciolacu participated in…

Romania was given a “social portfolio” with a still unclear definition instead of an economic portfolio, president Klaus Iohannis stated, pointing to prime minister Marcel Ciolacu as the one responsible for the negotiations held with the European Commission on the matter. The statement marks the gradual deterioration of the relationship between president Iohannis’ Liberal Party…

Romanian president Klaus Iohannis and his wife, Carmen, should return to the state two buildings and the money collected from the rents, some EUR 260,000, according to Digi24 quoting the final ruling of the High Court (ICCJ) issued on September 25 in a dispute regarding the right of inheritance over one of the buildings. Specifically,…