Technology &Telecoms
European Commission Approves Acquisition of Former Romtelecom by Orange
The European Commission on Wednesday approved the deal that changes the telecom market in Romania, the acquisition of Telekom’s fixed services division – formerly Romtelecom, by Orange, whic...
Arctic Stream Shares Start Trading On AeRO Market On July 29
The shares of Arctic Stream, an integrator of IT infrastructure and security in Romania, will start trading on the alternative trading system AeRO market, the equity segment of the Multilate...
ZebraPay Finances Its Local And Global Expansion With Funds Raised On Capital Market
Zebra Pay, the leader of the local ATM market, with over 5,700 SelfPay payment stations nationwide, has listed bonds worth EUR3 million on Tuesday (July 27).
Vodafone Service Revenue Reach EUR191M in Quarter Ended June 30, 2021
Vodafone, one of the largest actors on the fixed and mobile communications market in Romania, which acquired former cable TV operator UPC in 2019, posted EUR190.9 million service revenue in...
Allview Starts Trading on Bucharest Stock Exchange on July 26
Brasov-based Visual Fan, which sells various gadgets such as cell phones and tablets under the Allview brand, will start trading on the Bucharest Stock Exchange as ALW on July 26, 2021, stoc...
OTE Sells One More Piece of Telekom Romania: Its Sports TV Channels
Greece’s OTE group continues the sale of its Romanian assets with the sports channels of Telekom Romania, a notification to Romania’s National Audiovisual Council on Wednesday shows.
Yload Seeks To Attract EUR250,000 Financing On SeedBlink
Yload.ro, an artificial intelligence-based platform founded by Alexandru Huzau, raised EUR220,000 of a planned EUR250,000 on its first day of listing on SeedBlink, a local crowdfunding platf...
Cognizant Softvision Set to Hire Another 500 People in Romania in 2021
Cognizant Softvision, one of the largest tech employers in Romania, based in Cluj-Napoca, intends to hire another 500 programmers by yearend, besides the more than 500 people already hired i...
Romania’s Startup Digital Nation Selected For Google.org Impact Challenge Funding
Romania’s startup Digital Nation is one of the 13 organizations selected for the 2021 Google.org Impact Challenge for Central and Eastern Europe (CEE), the company said Monday.