Two of Romania's telecommunications providers, Orange and Vodafone, have announced separate plans to test Direct-to-Device (D2D) satellite connectivity.
The Romanian Competition Council has conditionally approved the acquisition of Telekom Romania Mobile Communications by Vodafone Romania and Digi Romania, with companies now set to finalize the binding terms of the transaction.
Vodafone Romania, in partnership with the National University of Science and Technology Politehnica Bucharest and Fifth Ingenium, has started the implementation of the 5G-ENRICH project.
Nedim Baytorun, Consumer Business Unit Director at Vodafone Romania since July 1st 2021, will take over as CEO of the company.
Romanian airline Anima Wings has attracted three institutional investors as shareholders. The company signed deals with BT Asset Management, part of BT Financial Group, Winners Holding Investments and Evergent Investments.
BCR Group recorded a net profit of €118 million in Q1 2026, down 21% versus the same period of last year.
PPC and PPC blue Romania have secured €3.42 million in European funding through the Connecting Europe Facility (CEF) for installing fast charging stations across Romania and Greece.
The Romanian leu depreciated on Thursday against the euro, which was calculated by the National Bank of Romania (BNR) at RON 5.1417, up 0.8% from the previous rate, recording a new historic low for the local currency.
Premier Energy has begun construction of its 200 MW/400 MWh Battery Energy Storage System (BESS) project near Iași, Romania. The total development and construction cost is estimated at €75 million.