Technology &Telecoms
Allview Ends H1 With 62.7% Higher Profit
Visual Fan (ALW.RO) a commpay that sells various gadgets like tablets and cell phones under the Allview brand, posted RON4.8 million net profit in the first half, an increase of 62.74% on th...
Vodafone Expands Mobile Network by More Than 4G Sites
Vodafone Romania has expanded its mobile network with more than 700 4G base stations in the past year, connecting about 150,000 users in 158 rural towns to mobile voice and data services.
IFC Invests $10M In FintechOS, As Part Of $60M Series B Financing Round
FintechOS, a global technology provider for banks, insurers and other financial services companies, launched in 2017 by Teodor Blidarus and Sergiu Negut, has announced a $10 million investme...
The e-Learning Company, Part Of Bittnet Group, Ends 1H/2021 With 60% Higher Turnover, Of RON1.5M
The e-Learning Company, a provider of e-learning content for companies and part of Bittnet Group (BNET.RO), on Friday said it ended the first half of 2021 with a turnover of RON1.49 million,...
OTE Announces Cost to Clear Last Hurdle in Orange’s Takeover of Telekom Romania Fixed Operations
Greece’s OTE has officially announced the estimated cost to pay to buy the former Romtelecom stake in the former Cosmote Romania, the last hurdle for the takeover of the former fixed telepho...
Former Cel.ro Online Store Operator Corsar Online Files for Insolvency
Corsar Online, a company held by entrepreneur Tiberiu Pop, which has posted net losses in each of the past three years, with a peak of RON3.5 million in 2020, filed for insolvency on August...
Delivery Platforms Enter Direct Competition with Food Retailers
Delivery platforms have in recent years permanently and definitively changed the way the domestic food retail works, and the plans of companies such as Foodpanda or Glovo do not stop here.
SeedBlink Appoints Laurentiu Ghenciu As Chief Business Officer
SeedBlink, a local crowdfunding platform for Romanian IT start-ups, has appointed Laurentiu Ghenciu to the position of Chief Business Officer.
Visual Fan (Allview) Buys 12% Stake In Headlight Solutions
Visual Fan S.A., which holds the Allview brand, on Thursday announced the purchase of a 12% ownership in technology company Headlight Solutions.