Technology &Telecoms
Metaminds Plans to Raise Funding to Support Regional Expansion Objectives
Metaminds, an integrator of cybersecurity solutions and complex IT solutions, with offices in Bucharest and Ploiesti and 40 employees at present, plans to raise funding in 2022 to support it...
PTC Romania Extends Lease Contract For Office Space In CA Immo’s Riverplace
PTC Romania, operating in the IT&C industry, has extended its office lease in the Riverplace office compound held by Austrian real estate developer CA IMMO and located in capital city Buchar...
BENTO Shares To Start Trading On Multilateral Trading System On March 16
The Bucharest Stock Exchange on Monday said it would start trading the 2B Intelligent Soft shares on the AeRO market, the equity segment of the Multilateral Trading System, on Wednesday (Mar...
Banca Transilvania To Have Its Own Tech Company, Code Crafters
Lender Banca Transilvania on Friday said it would have its own technology company, Code Crafters, through which it will increase its capacity to develop IT solutions.
Orange Asks OTE for EUR24M Price Cut for Telekom Fix
France's Orange Group, one of the biggest players in the global communications market, has asked Greece’s OTE to lower the final price for the majority stake in former fixed-line monopoly Ro...
Fintech Degethal Set To Attract Investments Up To EUR50M From Austria’s Valuex In Next Two Years
Fintech company Degethal, established in 2021 by Alin George Luca, Cristian Mateescu and Peter Barta, has concluded an agreement with Austria’s investment fund Valuex ALUEX for gradual fundi...
eMAG Starts Construction of Logistics Center Near Budapest
eMAG, the largest online retailer in Romania, has started construction of a more than 100,000-square-meter logistics center in Hungary, where it merged with Extreme Digital in 2019.
Visual Fan’s Net Profit Up Over 20% YoY To RON8.5M In 2021
Visual Fan (ALW.RO), a company listed on the Bucharest Stock Exchange and owner of the Allview brand, on Thursday said it ended 2021 with a net profit of RON8.5 million, up over 20% from 202...
OPPO Wants to Rank Third on Romania’s Smartphone Market in 2022
China-held OPPO, one of the world’s biggest players on the smartphone market, has managed to reach a 10% share of Romania’s smartphone market at the end of 2021, namely in around one year an...