Emerging Europe — together with more than a dozen national, regional and global organisations — has launched the Emerging Europe Alliance for Business Services, Innovation and Technology. The objective of the Alliance is to increase the international competitiveness of emerging Europe, making it easier for global markets to identify and recognise the strength of the […]
Bucharest City Hall and Netcity Telecom have proposed that works on the public fiber network, funded exclusively by Netcity from private funds, should continue at a sustained pace in 2017 and in the years to come. Netcity estimates that by 2020 private investment will grow by more than 30 million Euro, surpassing at that time […]
Our focus should be on how we can turn high broadband speed into meaningful advantages on the Digital Economy and Society Index, says Teofil Mureşan, chairman of the board at Electrogrup. He talked to Jerry Cameron about the need for consolidation in the market as well as the impact infrastructure sharing might have on the […]
Read More: Merging and growing Romania’s outstanding broadband and other infrastructures
In April, this year, EximBank granted Electrogrup a financial package of 11 million euros, intended for export services. The financial package includes a multi-product credit, to provide the working capital needed to run the company’s current business and a guarantee threshold for the export activity. This agreement demonstrates EximBank’s flexibility and capability to provide the […]
Read More: EximBank and Electrogrup signed a financial agreement of 11 million euros
Direct One S.A. has closed its acquisition of Netcity Telecom, the operator of the underground fiber optic infrastructure network of Bucharest from its former owners – UTI Netcity Investments BV and UTI Grup SA. The Netcity acquisition ends a process started in 2015 by Direct One, an independent and neutral provider of fiber optic infrastructure. […]
Read More: Direct One closes the acquisition of Netcity Telecom
