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.
The gross income of employees who worked full-time under a labour contract and were paid for the entire month of October 2024 was RON 8,374, more than a quarter above the basic gross salary of RON 6,553, according to data from the National Institute of Statistics (INS) published on Friday.Around 40% of these employees earned […]
Over 31,600 building permits for residential properties were issued in the first ten months of this year, up 4.1% compared with the same period last year, according to data from the National Institute of Statistics (INS) published on Friday.Increases were recorded in all development regions: West (+297 permits), Centre (+235), North-West (+192), North-East (+134), South-East […]
VAT revenues increased in the third quarter of this year by 6.74 billion lei compared to the same period last year, totaling 35.48 billion RON, out of a total of 94.75 billion RON for the first nine months of 2025, according to data transmitted on Monday by the Ministry of Finance.Of the amount of 6.74 […]
Banca Comerciala Romana (BCR) listed on Friday a new bond issue on the Regulated Market of the Bucharest Stock Exchange (BVB), worth 1.12 billion RON, the BVB said in a release.This is the 11th bond issue listed by BCR on the Stock Exchange to date, bringing the total value of BCR's listed bonds close to […]
Romania's insurance sector is strengthening its performance against the backdrop of a dynamic market undergoing significant structural transformation, according to a new study on developments in the insurance markets of Central and Eastern Europe, conducted by a consultancy firm in partnership with a research provider."Romania stands out as one of the most dynamic insurance […]
The minimum turnover tax is a barrier to investment, and in a period when the private sector is undergoing restructuring and layoffs, it adds additional pressure on companies, according to a letter signed by 14 investor organizations that once again request the elimination of the minimum tax."In view of the discussions on the construction […]
