Vodafone to implement e-toll system in Romania
The National Company for Road Infrastructure Administration (CNAIR) has announced that Vodafone Romania has won the contract for implementing the electronic road toll system.
The National Company for Road Infrastructure Administration (CNAIR) has announced that Vodafone Romania has won the contract for implementing the electronic road toll system.
Nedim Baytorun, Consumer Business Unit Director at Vodafone Romania since July 1st 2021, will take over as CEO of the company.
The closing of the announced transaction is conditioned by a legal process, including the completion of due diligence and prior approvals.
Optional pension funds in Romania can allocate up to 10% of their total assets to private equity investment funds in Romania, the EU, and OECD countries.
BCR achieved a net profit of RON 742 million (€149 million) during Q1 2025, marking a 19.8% increase compared to the RON 620 million (€125 million) in Q1 2024
A study by Forvis Mazars Group reveals that while C-suite executives in Romania and CEE remain largely optimistic about growth.
OMV Petrom concluded the first quarter of this year with a net profit of RON 1.07 billion (€200 million), a 24% decrease compared to the same period in 2024.
Engie Romania has announced the acquisition of a 54 MW wind farm project in Mereni, Constanța. The deal contributes to the company's goal of reaching 1 GW of installed capacity.