Orange Romania had a consolidated business figure of 430 million euros in quarter 4, 2021, with an organic growth of 3% against quarter 4, 2020. In Romania, quarter 4 marked the completion of the transaction through which Orange Romania purchase the majority package of 54% shares owned by fixed telephone operator Telekom Romania Communications. The consolidated business figure for 2021 is 1.235 billion euros, with an organic increase of 4% against 2020, the contribution of Telekom Romania Communications being only in quarter 4. On December 31, 2021, Orange Romania offered mobile services to 10.6 million customers, broad band fixed services to 1.4 million customers, cable TV and satellite services to 1.5 million clients. Throughout 2021, Orange extended the 4G network to 254 localities, while 4G+ extended to 1637 localities. In quarter 4, 2021, thousands of people in the rural area got access to 4G, the coverage being 98.31% of people , while 366 new localities in the rural and urban areas enjoyed advantages of 4G+ network. 5G network is available in 17 cities. Independent measures made by ANCOM in the first half of 2021 through Netograf.ro showed that Orange has the best speeds for fixed and mobile Internet in Romania. In 2021, total incomes from B2B services recorded a significant increase compared to 2020. The most dynamic IT&C area in 2021 was Cloud, where the increase was 25% against 2020. At the end of 2021, Orange Money had 300,000 clients, on the rise by 15% against the end of 2020. Last year, Orange Money launched its first credit card, which had one of the most competitive offers in the market, confirmed by the trebling of sales in Q 4, 2021 against Q3, 2021.
An investigation by the famous British newspaper Financial Times revealed that the campaign of former Romanian presidential candidate Călin Georgescu was supported by a Russian network also used during the pandemic in France and Germany to instill fear of vaccines. The newspaper’s investigation began in continuation of those by Bulgarian and Romanian journalists at BG...
Bucharest’s District 3 City Hall will once again organize a special New Year’s Eve event in Titan Park, with a program of live concerts, multimedia shows, and even a simulation of the Northern Lights. The event, set to begin at 8:00 PM on December 31, will focus on the theme of infinity. “If you missed […]
Traffic on Lot 1 of the A7 Ploiești-Buzău highway, stretching 21 kilometers in southern Romania, was officially opened on Monday, December 23. With this opening, 102 kilometers of the total 320 kilometers of the highway are now usable. The Moldova Highway, as it has been called, is meant to connect Romania's economically underdeveloped eastern regions to […]
The Dutch technology investor Prosus NV, also the majority shareholder of Romania’s largest online retailer eMAG, is set to buy the online travel agency Despegar.com Corp, focused on Latin America, for approximately USD 1.7 billion. The purchase consideration will be funded from existing cash resources, the company said. Founded in Argentina in 1999, Despegar is one […]
The new Forestry Code, which passed the Parliament vote on December 17 and was signed into law by president Klaus Iohannis on December 20, includes provisions that protect all forests in Ilfov, the county surrounding Bucharest, making them the cornerstone of the future green belt around the capital city. Moreover, it legislates green belts nationwide, […]
Bucharest’s Police will be equipped with 100 state-of-the-art drug detection devices as part of a new initiative by the Capital City Hall, mayor Nicușor Dan announced. The acquisition has been completed, and the first 50 units have already been delivered to the authorities. According to mayor Dan, the devices, equipped with cutting-edge technology, can detect […]
