Vodafone Romania has signed a Memorandum of Understanding for the acquisition of Telekom Romania Mobile Communications, including a significant part of its assets from the Hellenic Telecommunications Organization (OTE), Vodafone announced in a press release on last Thursday.Digi Romania will also take over part of the assets."This is an important moment for the Romanian telecommunications market, with significant growth potential once this transaction is finalized. Ever since I took office as CEO of Vodafone Romania, I believed that the industry needs conditions that support the high level of 5G investments and the promotion of innovation. I am delighted with today's announcement, which proves once again that Vodafone is keeping its promise to Romania. We continue to invest and provide Romanians with services of the highest standards," said Achilleas Kanaris, CEO of Vodafone Romania, quoted in the press release.The finalization of the transaction is conditional on a number of legal procedures, including the completion of due diligence and obtaining prior approvals from the competent authorities. At this stage, there are no further details on the final approval of the acquisition, given the early stage of the process, the source said.At the same time, Vodafone says it will finalize investments of more than 200 million euros in Romania this year. The total investments over the 27 years of Vodafone's presence in Romania amount to more than 6.5 billion euros.
Romania is set to host the 2025 World Cat Championship — “FIFe World Winner Show,” the world’s most prestigious feline competition, in Bucharest on October 25–26. Each year, the most beautiful and valuable cats from around the globe participate in this contest to claim the World Champion title. Out of the 1,000 to 1,500 cats […]
Nine Audio-Visual Monographs, an interactive audio-visual exhibition that showcases elements of the project that explores nine villages in Romania, opens on November 7 at the Visual Studies Center in Bucharest. The project aims to offer a fresh look at nine villages and their communities - Șomartin, Titești, Slătioara, Brădetu, Jupânești, Șotrile, Bisoca, Rogojeni, and Jurilovca. […]
For its 13th edition, GoTech World, the largest B2B expo conference with IT and digital solutions in Central and Eastern Europe, promises two days of innovation and inspiration at Romexpo, Pavilion B1. This year, the event will bring global opinion leaders, cutting-edge solutions, and strategic technology partners to the forefront. This edition’s special guest is […]
The amendments to the new Forestry Code bill that aim to legislate green belts nationwide got the green light from the committee for environment and ecological balance in the Chamber of Deputies on November 5, marking an essential step in the bill's legislative process in the Parliament. Two other expert committees must also debate and […]
The Ministry of Economy, Entrepreneurship and Tourism (MEAT) has kicked off a new campaign to boost Romania's visibility as a tourist destination abroad. As part of the latest drive in the UK, 250 buses in London, Manchester, Birmingham, and Liverpool carry the message "Hop on board to Romania" for a month, from November 4 to […]
The Romanian Ministry of Culture announced that it will provide support, through the Project Management Unit, for 47 projects in the cinematography sector through its program "Supporting Cultural Initiatives to Accelerate the Digitization of Film Production and Distribution, Including Cinematic Films." The program, which includes a call for projects, aims to support Romanian film producers […]
