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IT&C

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CMS Report: Romania M&A Market Close To EUR4B In 2019
Companies

CMS Report: Romania M&A Market Close To EUR4B In 2019

Romania’s mergers and acquisitions (M&A) market neared EUR4 billion in 2019, with the retail, real estate and manufacturing sectors seeing 71 transactions, of a total 143 transactions regist...

Ecaterina Craciun · 23.01.2020 · 16:49 · 1 min
Orange Remains Most Profitable IT&C Company in Romania in 2018
Technology &Telecoms

Orange Remains Most Profitable IT&C Company in Romania in 2018

Orange, Vodafone, RCS&RDS, some of the largest actors on the local telecom market, the subsidiaries of the IT giants SAP, IBM, Microsoft and Oracle and also some of the best-known local entr...

Loredana Frățilă-Cristescu · 17.09.2019 · 09:52 · 1 min
Top 30 IT&C Employers Had Almost 70,000 Employees and RON30.2B Revenue in 2018
Technology &Telecoms

Top 30 IT&C Employers Had Almost 70,000 Employees and RON30.2B Revenue in 2018

Cable TV provider RCS&RDS, the subsidiaries of US giants Oracle and IBM, the fixed service company of the Telekom group and eMAG, the largest online retailer in Romania, had the highest aver...

Loredana Frățilă-Cristescu · 16.08.2019 · 10:00 · 1 min
Top 30 Loss-Makers In IT&C Sector RON1.36B In The Red In 2018
Technology &Telecoms

Top 30 Loss-Makers In IT&C Sector RON1.36B In The Red In 2018

The 30 worst net losses posted by IT&C companies in 2018 stood at 1.36 billion lei (EUR292 million), with telecoms leading the way into the red, ZF has found from the companies’ filings with...

Loredana Frățilă-Cristescu · 14.08.2019 · 00:00 · 1 min
Top 20 IT&C Wholesalers’ Revenue up 13% to RON3.8B in 2018
Companies

Top 20 IT&C Wholesalers’ Revenue up 13% to RON3.8B in 2018

The cumulated revenue of the top 20 IT&C wholesalers in Romania rose 13% to 3.8 billion lei (EUR808 million) in 2018, while net profit stood at RON25.4 million, down 54% over the previous ye...

Loredana Frățilă-Cristescu · 25.07.2019 · 10:06 · 1 min
IT&C Wholesaler ELKO Set to Expand into New Market Segments
Technology &Telecoms

IT&C Wholesaler ELKO Set to Expand into New Market Segments

Latvia’s ELKO group will expand from the traditional IT equipment wholesale business to new market segments in Romania, as well, adding gadgets like smartphones and electric mobility solutio...

Loredana Frățilă-Cristescu · 11.06.2019 · 09:00 · 1 min
Romania’s Service Exports Doubled in 2014-2018 to EUR4.5B
Technology &Telecoms

Romania’s Service Exports Doubled in 2014-2018 to EUR4.5B

The 183,000 employees in Romania’s IT&C sector generated EUR4.5 billion worth of exports in 2018, 15% higher than in 2018. The IT&C exports doubled compared with five years ago, Romania’s ce...

Loredana Frățilă-Cristescu · 28.02.2019 · 00:00 · 1 min
CBRE: Bucharest Sees 66% Surge In Employee Numbers In IT&C Industry In Last Ten Years
Technology &Telecoms

CBRE: Bucharest Sees 66% Surge In Employee Numbers In IT&C Industry In Last Ten Years

Over the last ten years, Romania's capital city Bucharest has seen a 66% surge in the number of employees in the IT&C industry, to more than 70,000 professionals working in the sector, accor...

Ecaterina Craciun · 11.02.2019 · 14:43 · 1 min
IT&C, Retail and Hotel and Restaurant Sectors Account for Half of New Jobs in 2018
HR

IT&C, Retail and Hotel and Restaurant Sectors Account for Half of New Jobs in 2018

Employers hired 96,400 people in the January-October 2018, and almost half of those new hires (48%) went to work in three sectors: IT&C, retail, hotels and restaurants.

Loredana Frățilă-Cristescu · 08.01.2019 · 09:08 · 1 min