Adoption of 5G technology in Central and Eastern Europe, a region that includes Romania, is lagging behind developed regions, says the latest edition of Mobility Report, an annual report by Ericsson, one of the largest suppliers of equipment for telecommunications operators.
The new Renewable EPC by Allview division of technology company Visual Fan (ALW.RO) has signed a contract with Tenersolar Park to develop a 45.15 MW photovoltaic park in Tandarei, Ialomita County. The total value of this contract is EUR24.6 million.
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, as well as for companies lei-denominated current loans, on Tuesday, November 26, reached 5.87%, up from 5.81% at the beginning of the week.
Household and company loans in October totaled RON601.9 billion, up 9.8% from the same period of last year (4.9% in real terms), after local currency deposits went up by 13.1% and foreign currency ones by 2.6%, in line with central bank data.
Private lending increased by 8.9% in October against the same period of 2023, to a total of RON416 billion, after local currency loans rose by 11.7% and foreign currency ones advanced by 3%, central bank data showed on Tuesday, November 26, 2024.
Monsson, the main renewable energy project developer in Romania, controlled by businessman Emanuel Muntmark, has transferred to NEPI Rockcastle, Romania’s largest mall owner, a 50 MW photovoltaic park located in Chisineu-Cris area of Arad county.
Polish-held rolling stock producer PESA will deliver the first trains to Romania in mid-2025 and start the homologation process with the Romanian rail watchdog AFER.