The European Investment Fund (EIF) has sealed agreements with UniCredit Bank, Alpha Bank, Libra Internet Bank, BRD Groupe Société Générale, Patria Bank, Intesa Sanpaolo Bank and Garanti BBVA to support local SMEs.
Romania Buy Now Pay Later (BNPL) market is in full swing, supported by fast digitalization and consumers’ changing behavior, said Alexandru Balaci, CEO of Mokka Romania, a provider of BNPL services.
Wiring and automotive applications manufacturer Hirschmann Automotive TM, the local subsidiary of Austria’s Hirschmann Automotive in 2023 registered turnover worth RON849.8 million (EUR171.8 million), up 25.7% from 2022, in line with Finance Ministry data.
Paint manufacturer Sentosa Impex of Salaj county, owned by Boca family, for 2023 reported turnover worth RON75.4 million (EUR15.2 million), slightly down, by around 0.8% from 2022, in line with ZF calculations based on Finance Ministry data.