PAYMENT
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State-Run Listed Energy Companies’ Bosses Earned RON4.4M Together In 2014
The private sector managers who became chief executive officers of the largest listed state-run energy companies collected 4.4 million lei (EUR1 million) in base salary plus bonuses in 2014,...
Romanian-Owned Builders Got Only 30% Of CNADNR’s 30 Largest Payments In 2014
The largest 30 payments made by Romania’s national company in charge of highways and national roads (CNADNR) last year amount to 3.5 billion lei (about EUR800 million). Almost 70% of the mon...
Local Tax Online Payments Topped RON10M In January-February
Romanians paid local taxes online, by card, amounting to more than RON10 million in January and February, 52% higher compared to the same period last year and accounting for 40% of all taxes...
Romanians' Card Spending Abroad Reaches Monthly All-Time High
Holders of cards issued by local banks made 5 billion lei (EUR1.1 billion) payments to retailers abroad in the first nine months, an increase of 21% on the year-earlier period, according to...
Parcel Delivery Drives POS Market Up
The market of card acceptance terminals (POS) has been constant in terms of number of devices installed over the past year and is now finding new sources of growth from previously untapped s...
Visa Europe: Four In Five Online Card Payments Are Made To Retailers Abroad
Four in five online card payments are made to retailers abroad, Catalin Cretu, VISA Europe sub-regional manager for Romania, Croatia and Slovenia, said Tuesday at the ZF Digital ’14 conferen...
La Mama And Cafepedia Restaurants Introduce Mobile Phone Payments
Clients of La Mama restaurants and Cafepedia coffee shops will be able to pay the check via mobile phone, through a dedicated SEQR application, by scanning a QR code on their bill and confir...
Hidroelectrica Closes EUR75M Credit Line From Citibank
Romanian insolvent power producer Hidroelectrica has closed a EUR75 million credit line granted by Citibank International in 2009 and plans to pay back loans of EUR39 million by the end of t...
Online Payment Of Local Taxes Tripled In January-February
The value of local taxes Romanians paid online by card tripled in January and February this year compared to the same period of 2013, reaching RON6.6 million, according to data reported by b...