Fixed broadband coverage rate in Romania currently stands at 80%, while fiber coverage stands at 93%, Marius Saceanu, secretary general of the National Authority for Management and Regulation in Communications (ANCOM), told a specialist conference on last Thursday."A very interesting thing is that there is not a very big discrepancy between urban and rural, namely 86% in urban, 72% in rural areas. The DESI report deems this to be a good thing, because we would be about third in Europe compared to other statistics that the Commission generated. A desideratum will be for every Romanian citizen to be digitally literate to a satisfactory level, to have a connection that will allow them to access at least basic services. As for the mobile area things are good. We have 4G with over 98% coverage from all mobile operators," said Saceanu.He added that in the 5G area there are just over two million connections, mostly individual subscribers.On the other hand, the ANCOM representative mentioned that there are 1,100 localities in Romania that do not have any kind of connectivity.The 8th edition of the conference "Digitisation and Cyber Security", organized by the Bursa publication, brings together, on Thursday, representatives of authorities, professional organizations and representative associations.
Graffiti Plus (GRF+), active in Romania's communication consulting market, has signed the contract for the National Recovery and Resilience Plan (PNRR) funding for its listing on the AeRO market of the Bucharest Stock Exchange (BVB). GRF+ is also preparing to launch the private financing round it is conducting as a first step toward its debut […]
The wooden church from the village of Oncești, one of the oldest monuments in the heritage of the Maramureș Village Museum “Mihai Dăncuș” in Sighetu Marmației, has been restored. The church has now returned to the tourist circuit through the support provided by the US Ambassadors Fund for Cultural Preservation, in a project coordinated by […]
The Bucharest Stock Exchange (BVB) announced the establishment of its Corporate Governance Committee on Thursday, December 4, to support the implementation of the revised 2025 BVB Corporate Governance Code. Romania’s capital market recently celebrated 30 years of activity and is undergoing significant corporate governance reform. The revised BVB Corporate...
Daniel Băluţă, the mayor of Bucharest's District 4, signed the order to start work on the extension of the M4 subway line on Thursday, December 4. The investment is valued at EUR 3.5 billion and the route will be 11 kilometers long, between Gara de Nord and Gara Progresul railway stations. The extension will have 14 […]
Ten entrepreneurs and executives have launched Food Angels Hub, a community of investors dedicated to the food sector. The aim of the hub is to “develop and scale functional and profitable companies in the food, hospitality and food-tech sectors” and “turn Romania into a reference point for food innovation in the CEE region.” The founders […]
Romanian developer IULIUS announced that it secured a syndicated loan facility amounting to over EUR 305 million for its Palas Iași mixed-use complex. The financing is provided by a consortium made up of Erste Group Bank Austria, BCR, Raiffeisen Bank Romania, and Raiffeisen Bank International Austria. The loan will support the remodelling of Palas Iași […]
