Orange has signed an agreement with the Romanian government to form a single, combined mobile operator, https://www.capacitymedia.com/ informs. The French operator is the leading mobile player in the country and will give the government a 20% stake in the entity. Mari-Noëlle Jégo-Laveissière, executive vice president and CEO of Orange in Europe said: "Today is a very important day for Orange Romania and Orange Romania Communications, and signing this agreement will strengthen our position on the Romanian market and bring us closer to being a fully converged telecom operator for our residential and business customers. “I want to thank the Romanian Government, our key partner, and our teams involved for this achievement.” Orange has also signed an agreement with the Ministry of Research, Innovation and Digitalization (MCID) with a view to merging Orange Romania and Orange Romania Communications. The agreement follows Orange’s acquisition of a 54% stake in OROC in September 2021. Last month Capacity reported that a merger between Orange and the former state controlled telecom company Telekom Romania had been given the green light by the government.The merger is expected to be completed in the first half of the year and will allow Orange to simplify its operations, while reducing network and IT costs. Julien Ducarroz, CEO of Orange Romania added: “We are really pleased to announce the conclusion of such a strategic agreement for Orange Romania, which marks a crucial moment in the company’s history and confirms the confidence of the Ministry of Research, Innovation and Digitization in our strategic ambitions, in the project and in the team. "Now, with united forces, we accelerate towards the fulfilment of the common goal: to be the first option for fixed-mobile services in Romania”.
The remains of Grigore Alexandru Ghica, a prince of Moldavia in the second half of the 19th century, have been brought back to Romania from France’s Le Mée-sur-Seine this past weekend. After lying in state at Cotroceni Palace, the headquarters of the Romanian Presidency, the coffin with his remains will travel to Focşani and Iaşi, […]
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
