Industry | 16 May, 2025 at 8:23 PM
Romania's telecom sector records lower revenues in 2024
Romania's telecom sector recorded a 5% fall in revenues last year compared to 2023, reaching approximately €3.2 billion.
Romania's telecom sector recorded a 5% fall in revenues last year compared to 2023, reaching approximately €3.2 billion.
The National Authority for Administration and Regulation in Communications (ANCOM) has identified Digi Romania as a provider with significant market power.
Starting November 4, 2024, DIGI enters the telecommunications market in Portugal with an advantageous, accessible, straightforward, and long-term stable offer.
BCR recorded a net profit of RON 1.47 billion (€294 million) in H1 2025, a 12% increase from the same period last year. This performance was driven by an improved operational performance and a higher volume of customer business.
BRD-Groupe Société Générale has announced the appointment of Jean Pierre Georges Vigroux, an independent Board Member, as the Interim Chairman of its Board of Directors.
OMV Petrom registered a net profit of RON 2.08 billion (€419.7 million) in H1 2025, a 21% decrease compared to RON 2.62 billion (€528.2 million) in the same period last year.
The Romanian Ministry of Finance is conducting a new IPO for Fidelis government bonds, specifically for retail investors.
Bucharest recorded 8,639 insolvency cases between August 2024 and July 2025, which is a 32% increase compared to the previous 12-month period.