Bucharest Stock Exchange (BVB)-listed Romanian telecommunications operator Digi Communications (DIGI) announced that, on October 27, 2021, its subsidiary Dixarobil won an auction for frequency bands and will begin providing services in Portugal. The company will pay a EUR 67.34 mln fee, according to Ziarul Financiar. "The decision will allow the Group to expand its activities in the Portuguese telecommunications market, to provide quality, accessible communications services based on the latest technologies," Digi said in a report. The Portuguese Telecommunications Authority (ANACOM) completed the tender to allocate frequencies in the bands of 700 MHz, 900 MHz, 1800 MHz, 2.1 GHz, 2.6 GHz and 3.6 GHz. ANACOM declared Dixarobil the winner of the frequency use rights in the bands 900 MHz (2x5 MHz), 1800 MHz (2x5 MHz), 2.6 GHz (2x5 MHz FDD and 25 MHz TDD), 3.6 GHz ( 40MHz). The allocation of the use rights will be made by a final decision of the Board of Directors of ANACOM. Digi Communications is the largest cable operator in Romania, with activities in Hungary, Spain and Italy. Digi has a market capitalisation of almost RON 4 bln, and its shares rose by 14.4% YTD.
The opposition filed a no-confidence motion on Friday, December 5, against prime minister Ilie Bolojan’s government, accusing it of failing to manage key sectors and calling for its immediate resignation, Agerpres reported. The motion, titled “Romania Is Not for Sale – No Progressives in Government,” was...
Romania’s Chamber of Deputies adopted an emergency ordinance on Wednesday, December 3, regulating the right to drive motor vehicles on public roads for persons who hold a driving license issued by a state that is not a member of the European Union. The normative act creates the legal premises for granting the right to drive […]
Romania’s modern retail market has surpassed 5 million square metres of leasable space for the first time, following the delivery of roughly 190,000 sqm in 2025, according to new data released by Colliers. Despite the milestone, consultants noted that Romania still trails regional peers in retail space per capita, signalling strong potential for further development. […]
Environment minister Diana Buzoianu said during an interview on Thursday, December 4, that she will not resign following the interruption of the drinking water supply in several localities in Prahova and Dâmboviţa counties, which has been affecting over 100,000 people, as well as hospitals and schools. She argued that the ministry she heads bears no […]
Romanians are preparing to spend more this Christmas compared with last year, according to a new Raiffeisen Bank study conducted in partnership with research platform Appinio. The survey showed that 65% of respondents expect higher holiday expenses in 2025, while 26% anticipate spending similar amounts to 2024. Half of those surveyed allocate between 25% and […]
Romania’s Electric Castle was named ‘International Festival of the Year’ at the 20th edition of the UK Festival Awards. The Romanian event triumphed over major international contenders, including Afro Nation (Portugal), Beyond The Valley (Australia), Open’er Festival (Poland), Sziget Festival (Hungary), and Way Out West (Sweden),
