Western Union® Online Money Transfer Capabilities Now Live in Serbia

Western Union, the world leader in cross-border money transfers, in cooperation with TENFORE, the leading provider of payment services in the region, enabled online money transfers, which gave users in Serbia the option of sending funds to more than 200 countries and territories 24/7.

 

TENFORE becomes the general sponsor of TENFORE Road Arrow

Mario Miljuš, Managing Director of TENFORE and representatives of Road Arrow have signed an Agreement of Sponsorship, confirming that over the next two years TENFORE will provide support to the students in constructing a most modern prototype of a racing car on the model of Formula 1. .

This year’s participation in competitions in which the future engineers are going to weigh their knowledge with colleagues from all over the world has been made possible owing to the support provided by TENFORE Payment Institution. Mario Miljuš pointed out that TENFORE would help the students to overcome all the challenges and achieve their goal in making the first Serbian electronic car.

Over 50 students from eight faculties of Belgrade University were involved in making the latest bolide of TENFORE Road Arrow formula which is going to take part in two coming international Formula Student competitions in Italy and the Chech Republic. The team members have invested over 50.000 hours in this project and created the fastest model of a formula, ever designed and constructed in Belgrade, which accelerates from rest to 100km/ hour in maximum 4 seconds.  

A new most technologically advanced model of bolide was presented at at the Faculty of Mechanical Engineering in Belgrade on June 11th, 2018. On that occasion, the Managing Director of TENFORE, Mario Miljuš said:

„Speed and security are the two key words representing the essence of TENFORE business while at the same time this is what TENFORE Road Arrow Team actually is the best at. Just as we in TENFORE are oriented to digital transformation and implementation of electronic payment services, in the same way we support these young people in achieving their goals, and above all in making the first Serbian electronic car. And while waiting for this to be realized, with honour and pride we say – Serbia also has its formula today.“

The leader of TENFORE Road Arrow Team, the leading regional team in constructing formula one, Miljana Stojanović, a student, stressed that her team has a good basis for starting work on an electronic car since in the season of 2016 they made a concept of an electronic car which won them 3rd place at the competition in Italy.

„This season, the same as in all previous seasons, every team member has invested great energy in the process of making a new vehicle, which has been proved with numerous innovations of this year’s formula racing car. However, despite all the effort, the biggest problem was a lack of financial support which, owing to TENFORE company, has now been overcome. The support from TENFORE has helped us not only this year, but its contribution will be especially important in the following stage of developing the formula one car. “

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