Romania Factoring Market Up 12% YoY To EUR10.5B In 2025Romania's factoring market reached a total volume of EUR10.5 billion in 2025, up 12% against 2024 and almost sixfold higher than the EUR1.8 billion level reported 15 years ago, as per a market survey conducted by the Romanian Factoring Association (ARF) and Ipsos, based on data collected from (…)
Wiktor Stopa to head Revolut's growth department in Romania, CEE marketsBanking app Revolut, which has 5 million customers in Romania, announced on Tuesday, March 3, that Wiktor Stopa will lead the Growth and Marketing Department for Central and Eastern Europe (CEE), including Romania. Revolut has seen impressive growth in the CEE in recent years. By 2025, the (…)
Video: Avalanche in Romania's Bucegi Mountains surprises skiersAn avalanche that occurred in Romania’s Bucegi Massif over the weekend was captured on camera. The footage shows the moment when two people are caught under slabs of snow detached from the slope. After the initial surprise, one of the two managed to get out to the surface on their own, while (…)
City Grill Group: Investing in heritage and experience. 2026 Target: 100 MillionCity Grill Group, the largest Romanian-owned restaurant group, closed 2025 with consolidated revenues of €90 million. Existing operations (brands active in 2024 as well) generated €75 million last year, marking a 10% increase compared to 2024. This figure also includes the contribution of brands (…)
Update: Mihai Dimian appointed Romania's new education ministerUpdate: Romanian president Nicu?or Dan signed the decree appointing Mihai Dimian as the new education minister on Tuesday, March 3. The swearing-in ceremony will take place on the same day at 4 PM at the Cotroceni Palace. Initial story: Mihai Dimian, rector of the “?tefan cel Mare” University (…)
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