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.
Public telecom company Digi Communications has secured substantial financing facilities to bolster its operations.
Security and trust remain the top telco risk, driven by AI concerns and escalating cyberthreats.
Romania's annual inflation rate climbed unexpectedly to 5.5% in May, up from 4.9% in April, driven primarily by increases in food and services prices.
Travel tech company FlixBus is adding new international coach connections from Romania to Greece and bolstering existing routes to Bulgaria.
EDP, through its subsidiary EDP Renewables, has opened its largest solar park in Romania, located in Albina, taking its total solar and wind capacities in the country to 570 MW.
The German tech company cbs purchased the SAP division of Romanian company SkyConsult, marking its entry into the local market.
Romanian tech company Metaminds, which supplies digitalization services for both the private sectors, named Ovidiu Ghiman as its new CEO, replacing Andrei Cruceru.