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.
One of the hostages released on Saturday, February 22, by the terrorist organization Hamas also holds Romanian citizenship. The exchange took place before another setback in negotiations and exchanges. Hostages Tal Shoham and Avera Mengistu were released during a staged event in Rafah, and hostages Eliya Cohen, Omer Shem Tov, and Omer Wenkert were released […]
Polish company Scallier, who is expanding its network of Funshop Park retail parks in Romania, is set to open a new shopping center in the Arad region. The opening date for the roughly 10,000 sqm retail park is March 6. The decision to build a retail park in the Arad region in western Romania was […]
Morphosis Capital Fund II has made its first investment outside Romania by acquiring a minority stake in EnduroSat, a leading European provider of high-end satellites and space services. The investment is part of a broader funding round aimed at accelerating EnduroSat’s expansion in the fast-growing "New Space" industry. EnduroSat, founded by Raycho Raychev, specializes in […]
Approximately 11.2 million Ukrainian citizens have entered Romania during the three years of war, the Romanian Border Police reported on Monday, February 24. In total, from February 10, 2022, to February 23, 2025, a total of 11,191,703 Ukrainian citizens have entered Romania. Globally, around 7 million Ukrainian refugees reside in other countries at the moment. […]
February 24, 2025, marks three years since Russia's invasion of Ukraine. In this context, interim president Ilie Bolojan reaffirmed Romania's full commitment to Ukraine's freedom, sovereignty, and independence. In a post on X, the Romanian leader said, "As we count 3 years since Russia's full-scale invasion against Ukraine, Romania reaffirms its full commitment to UA's […]
The US bases in Romania "are maintained and will even increase in importance," the US special envoy for Ukraine and Russia, Keith Kellogg, reportedly told Romanian foreign minister Emil Hurezeanu, according to Hotnews.ro. Kellog made...
