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.
Romania's Ministry of Finance has raised approximately €4.7 billion from international financial markets through the country's first external bond issuance of 2026.
Patria Bank has signed a contract to sell its 99.9% stake in SAI Patria Asset Management to BRD Asset Management SAI for €5.5 million.
The current conflict in Iran may only have a marginal impact on the global economy, according to an opinion by stock exchange broker Investimental.
Romania continues to lag significantly behind the European average regarding the modernisation of its rail infrastructure.
Romania's Ministry of Finance has announced a new spring edition of its Tezaur government bond programme, offering citizens attractive investment opportunities with annual interest rates reaching 7%.