Technology &Telecoms
Yokogawa Extends Lease on Novo Park Offices in Northern Bucharest
The local branch of Yokogawa, a Japanese multinational electrical engineering and software company, has signed a five-year extension on its lease for offices in Novo Park in northern Buchare...
Video Game Developer Funcom to Build New Studio in Romania
Video game developer Funcom on Wednesday announced plans to open up a new office in Bucharest (Romania), as its new headquarters for quality assurance.
Chromosome Dynamics Seeks To Raise EUR1M In Private Stock Placement
Chromosome Dynamics (CHRD), a developer of IT & AI solutions for the agribusiness sector, is preparing a private stock placement for the last quarter of 2021, whereby it seeks to raise EUR1...
ELKO Acquires IT Smart Distribution
IT&C and home appliance wholesaler ELKO has announced the signing of an agreement to acquire the company IT Smart Distribution, which will help ELKO to consolidate an important position amon...
Asbis: There Is a Lot of Room for Growth on Romania’s Computer and Electronics Market
There is a lot of room for growth on Romania’s computer and electronics market because some brands are not sold in this country even though they are internationally famous, says Alexandru St...
Bittnet To Acquire 20% in Czech DataScript
Romanian IT solutions integrator and training provider Bittnet Systems (BNET.RO) announced Monday it has signed an agreement to acquire 20% of Czech IT company DataScript for EUR275,000.
Hi-tech Startup Blugento Eyes 50% Higher Turnover, Of EUR1.5M, At End-2020
Blugento, a company based in Cluj-Napoca and specialized in providing e-commerce solutions based on the Magento platform, targets a 50% surge in turnover, to EUR1.5 million, at the end of 20...
SII Romania Turnover Grows 16% in 2020, to RON57M
IT solutions and services company SII Romania had a turnover of RON57 million in 2020, up 16% on the year, and expects growth of around 20% in 2021.
Uber Makes RON1.2M Profit in Romania in 2020
Ride-sharing company Uber B. V. SRL, owned by US giant, ended 2020 with a turnover of nearly RON14 million, up 9.4% on the year, according to data from Confidas.ro.