Technology &Telecoms
UiPath, Romania’s Biggest IT Company in 2020, with RON1.2B Turnover, Up 89% YOY
UiPath, Romania’s first IT company that has reached Wall Street, in 2020 also became the country’s largest IT company by turnover reported to the Finance Ministry.
ABN Systems International Sees Profit Down 23% in H1
ABN Systems International (ABN.RO), an entrepreneurial company that distributes IT&C products and accessories and owns the Tellur brand, ended the first six months of 2022 with a net profit...
iHunt Technology’s Net Profit Shrinks 30% to RON1.9M in H1
iHunt Technology Import-Export (HUNT.RO), a supplier and manufacturer of mobile phones and gadgets, posted RON1.9 million net profit in the first half of 2022, down 29% from the year-ago per...
Bittnet Group Ends 1H/2022 with RON70M Consolidated Revenues, RON557,529 Losses
Bittnet, a group of IT companies listed on the Bucharest Stock Exchange, reported RON70 million consolidated revenues for the first six months of this year, up 45% from the year-earlier peri...
OVES Enterprise Doubles Receipts in 1H/2022 Vs 1H/2021
OVES Enterprise, a Cluj-Napoca-based company specializing in software development, managed to double receipts in the first six months of this year against the year-earlier period, as it succ...
Consultant and Software Developer Tremend Revenue Rise 45% to EUR45M in 2021
The business of local IT consulting and software development company Tremend Software Consulting, increased by almost 45% in 2021 compared with the previous year, with revenue reaching more...
Israel’s Playtika Wants to Add 27 People to Romania Team
Playtika, an Israeli producer of video games for mobile devices, web or Facebook that entered the Romanian market in 2011, opening a support center, seeks to hire more than 25 people for sev...
Encorsa Sees 2022 Turnover Surge 66% to EUR1M YOY
Romanian software company Encorsa, set up in 2019 by Romanian entrepreneurs Razvan Gabriel Ogrezeanu, Radu Margarit and Catalin Profir, expects turnover to reach EUR1 million (around RON4.8...
Romania’s Four Largest Video Game Developers Rake In EUR180M Turnover in 2021, Up 19% YOY
The four largest video game developers in Romania generated overall turnover worth almost EUR180 million (RON878 million) in 2021, up almost 19% on the year, in line with ZF calculations bas...