Romanian neobank Salt Bank has recorded over 500,000 customers in the first year of operation, a figure that is double compared to its initial launch projections.
74% of Salt Bank clients hold higher education degrees, 12% above the 62% average for the banked population in Romania aged 18-55, according to a study by Mercury Research.
Salt Bank's clients are mainly individuals with medium and high social status, with almost half (46%) of them earning more than €1,000 monthly.
Romania recorded the highest government deficit among EU member states in 2024, standing at -9.3% of GDP.
The Romanian engineering company Simtel Team has announced the signing of a significant contract to finance its photovoltaic project in Giurgiu.
Electricity supplier Restart Energy One has filed a request at the Timiș Court for the initiation of a composition with creditors procedure to address temporary financial challenges.
Nawaf Salameh, the Founder and President of Alexandrion Group, which specializes in spirits and wine production, died on Sunday at 59 years old.
The Municipality of Bucharest has successfully issued municipal bonds worth €555 million to refinance a loan contracted in 2005.