Technology &Telecoms
Samsung Romania Revenue Shrinks 4% to RON4.9B in 2020
The pandemic caused the first decline in revenue for South Korea’s Samsung in Romania to some RON4.9 billion (EUR1 billion) in 2020, about 4% lower than in 2019. This is, however, the second...
Recruitment Platform Undelucram.ro Seeks EUR600,000 Financing
Romanian employer branding and recruitment platform Undelucram.ro seeks to raise EUR600,000 financing for 12.2% of its shares and plans to use the money for regional growth and developing it...
Mediapost Martech Gets HubSpot Platinum Partner Certification
Mediapost Martech, a company specialized in automating marketing, sales and support services for customers and also part of the Mediapost Hit Mail Group, has obtained the HubSpot Platinum Pa...
Digi Shareholders Approve Gross Dividend Of RON0.75/Share, At 2% Yield
Shareholders of telecommunications operator Digi Communications (DIGI.RO) approved on May approved the distribution of a gross dividend of RON0.75 per share, per a summoning note published o...
Amazon Web Services Opens Office in Bucharest
Amazon Web Services, Amazon’s cloud computing division, has opened its first office in Bucharest, part of its strategy to expand across Central and Eastern Europe.
Teleperformance Romania Targets Investments Of RON3.6M In 2021
Outsourcing services company Teleperformance Romania has earmarked an investment budget of RON3.6 million for 2021, 14% higher than the investment budget of over RON3.14 million for 2020, wh...
Life is Hard Signs Contract To Acquire 100% Of Innobyte Shares; Deal Estimated At RON9.1M
Software solutions provider Life is Hard (LIH.RO), which is listed on the AeRo market of the Bucharest Stock Exchange, has signed a contract to acquire 100% of the shares of Innobyte Solutio...
Vodafone Romania Revenue Drops 1.5% in 2020/2021 FY, to EUR801M
Telecom operator Vodafone Romania on Tuesday reported total services revenue of EUR801 million for the fiscal year 2020/2021 ended March 31, 1.5% lower compared with the previous fiscal year...
Coherent Solutions Opens R&D Center In Romania; Seeks To Hire Over 150 Programmers In Next Two Years
U.S. company Coherent Solutions, specialized in developing software products and consulting services, with a turnover of over $76 million, is entering the Romanian market and opening its fir...