Technology &Telecoms
Orange Romania Acquired Solutions Worth EUR2.2M From Startups In Orange Fab Accelerator
Orange Romania has purchased products and services worth EUR2.2 million in five years of activity from the tech startups included in the Orange Fab accelerator, a EUR2.2 million program of a...
Wizrom Software Ends 2021 With 8% Higher Turnover, Of Over EUR6.3M
Romanian software solution provider Wizrom Software ended 2021 with a turnover of over EUR6.3 million, up almost 8% from 2020, company representatives said in a statement.
ROTSA Launches Incubation Platform For Early-Stage Technology Startups In CEE
Romanian Tech Startups Association (ROTSA), in partnership with Techcelerator and Rōnin, launched Startup Reaktor, an incubation platform for technology startups in Central and Eastern Europ...
Survey: Over 60% Of Companies Only Experimenting With Artificial Intelligence
While the majority of organizations that use artificial intelligence (AI) are still experimenting with the technology, only 12% are using it at an AI maturity level that achieves a strong co...
iFactor Readies to Open New Funding Round
Local startup iFactor, which has developed an online alternative funding platform for SMEs, is readying to open a new funding round that is set to aid it expand on the UK market as well.
Ericsson’s Romanian Division Reports Net Profit Of Nearly RON22M For 2021, Up 45% YoY
The Romanian subsidiary of Sweden’s Ericsson, one of the world’s biggest suppliers of equipment, software and services for telecom operators, had a net profit of RON21.7 million in 2021, up...
Latvia’s ELKO Reports Record Turnover Of $105M In Romania In 2021
ELKO Romania, a company member of Latvia’s ELKO Group, one of the largest regional wholesalers of IT and consumer electronics products, had a turnover of $105 million in 2021, up 28% from 20...
AROBS Transilvania Sets Off Share Buyback Program Worth RON32.8M Tops
The management of technology company AROBS Transilvania Software (AROBS.RO) on Thursday (June 23) informed the market about the start of the buy-back program of its own shares, that will tak...
Poland’s Asseco Acquires Romanian Company Bithat Solutions
ASEE, the largest IT company in Southeast Europe (SEE), part of ASEE Group (Asseco Group) is acquiring Romanian company Bithat Solutions, which develops storage, digitalization, archiving an...