Technology &Telecoms
Cybersecurity Company SafeTech Innovations Posts RON1.3M Profit and RON13.2M Revenue in H1
SafeTech Innovations (SAFE.RO), a Romanian cybersecurity service provider, posted RON13.2 million operating revenue in the first half, an increase of 120% on the year-ago period, while the n...
Early Game Ventures Invests EUR200,000 in Speech Recognition Technology Startup Vatis Tech
Early-stage venture capital firm Early Game Ventures (EGV) has signed an agreement for a financing round of EUR200,000 for the speech recognition startup Vatis Tech. The investment will go t...
iBanFirst Expands Into CEE By Opening Its First Regional Office, In Capital Bucharest
French fintech iBanFirst, which operates an online platform enabling companies to conduct fast transactions in over 30 currencies, is expanding into Central and Eastern Europe (CEE), by open...
Gameloft Romania Revenue Rises 3% to EUR22.7M in 2020
Gameloft Romania, a videogame developer and publisher established more than a decade ago, saw its revenue increase by about 3% last year, when people had to spend more time in their homes to...
DB Global Technology Sets Up Information Security Department; Seeks To Reach 100 Experts
DB Global Technology, Deutsche Bank's tech center in Bucharest, has set up an Information Security Department; the team in Romania has 40 experts who will be involved in projects in the fiel...
Sigtree Technologies Seeks To Attract EUR500,000 Financing
Sigtree Technologies, a PropTech start-up targeting real estate developers, plans to attract EUR500,000 financing, of which EUR250,000 via SeedBlink, a local crowdfunding platform for Romani...
Qualitance Turnover Surges 41% YoY To RON29.8M In 1H/2021
Innovation, technology and artificial intelligence company Qualitance had a turnover of RON29.8 million in the first six months of 2021, up 41% on the year, and a net profit of RON100,000, h...
Safetech Innovations Receives Cybersecurity Auditor Accreditation; Eyes Notable Revenue Growth
Romanian cybersecurity firm SafeTech Innovations (SAFE.RO) on Monday said it received the accreditation of Cybersecurity Auditor for the essential entities from the National Centre of Respon...
Bittnet Group Reports 57% Higher Gross Profit, Of RON2M, YoY In 1H/2021
Bittnet (BNET.RO), a group of IT companies listed on the main market of the Bucharest Stock Exchange, on Friday reported a consolidated turnover of RON48 million in the first half of 2021, a...