Technology &Telecoms
eMAG Launches Online Hypermarket Freshful
Romania’s largest online retailer eMAG on Thursday launched Freshful by eMAG, a new online hypermarket with fast delivery of fresh products, following a EUR5 million investment in technology...
DRUID Sees Fivefold Increase In Monthly Recurring Revenue; Set To Continue Global Expansion
Startup Druid, founded in 2018 by local entrepreneur Liviu Dragan, on Thursday announced a fivefold increase in the monthly recurring revenue and $2.3 million annual recurring revenue at end...
Smart Fintech Becomes First TPP In Romania Authorized On Both Open Banking Services
Startup Smart Fintech, launched two years ago by Mihaela Georgescu, Ana Maria Georgescu, Alexandru Cociu and Andrei Dumitru, marks a new premiere in Romania, becoming the first third-party p...
Software Solution Provider Bento Eyes Stock Market Listing by Yearend
Bento-Intellectually Curious, a Romanian entrepreneurial company specialized in developing and implementing software solutions and providing IT and Cloud infrastructure services, intends to...
Synaptiq Closes EUR250,000 Funding Round For Mediq Platform
Synaptiq, a Romanian startup based in Cluj-Napoca that increases the performance of healthcare services by developing AI-based solutions for delineating tumors and organs at risk, closes a E...
TechAngels Invests EUR5.8M in First 9 Months of 2021, Matching Entire 2019 Level
TechAngels, the local group of private investors supporting tech startups in Romania and the region, invested over EUR5.8 million in the first nine months of this year in tech startups, with...
Brillio Appoints Dragos Stoica As Country Manager
Brillio, a company focused on digital technologies and big data analytics, has appointed Dragos Stoica to the position of Country Manager and announces the start of a strong expansion proces...
Electronic Commerce to Grow by More Than 20% in Romania in 2021
Online sales will see an about 23% growth in Romania in 2021, higher than the European average put at 12%, Romania’s association of online stores ARMO said in a release.
AROBS Transilvania Completes Private Placement, Raises RON75M
Romanian IT company AROBS Transilvania Software primarily owned by Cluj-based entrepreneur Voicu Oprea has completed a private stock placement on Friday and raised RON75 million from investo...