Technology &Telecoms
UiPath Targets Nearly $26B Valuation In U.S. IPO
Robotic process automation startup UiPath, the most valuable tech start-up launched in Romania, targets a valuation of nearly $26 billion in its U.S. initial public offering (IPO), according...
Deltatel Takes RON5M Loan From Raiffeisen Bank, EximBank For Its Working Capital
Telecom systems integrator Deltatel, based in western city of Timisoara, has accessed a financing of RON5 million from Raiffeisen Bank, which is 90% guaranteed by EximBank, within the COVID-...
Counsel Group Frankfurt Seeks To Invest EUR700,000 In New Office Space In Iasi And In Headcount Increase
Counsel Group Frankfurt (CGF), specialized in providing software services and solutions, which owns offices in the cities of Bucharest and Iasi, continues its local expansion and is about to...
TotalSoft Targets EUR5M Investments In 2021
TotalSoft, one of the most important software producers on the Romanian market, ended 2020 with combined revenue of EUR22.3 million, up little over 1% versus 2019, and an EBIDTA of EUR3.7 mi...
Bittnet Announces Early Redemption of RON4.5M Corporate Bond Issue
Bittnet (BNET.RO), a group of IT companies, listed on the Main Market of the Bucharest Stock Exchange, announced Thursday it was activating the call option for the early buyback of its BNET2...
TP-Link: Sales of Networking Equipment Doubled in Romania in 2020
Sales of networking equipment doubled in volume in Romania last year, as a result of work from home and learn from home trends, due to the restrictions imposed to contain the spread of the c...
Bucharest Stock Exchange Seeks to Attract More Tech Entrepreneurs
The Bucharest Stock Exchange and the Employers’ Association of the Software and Services Industry (ANIS) signed a memorandum of understanding Wednesday to promote financing opportunities on...
Digi Proposes RON0.75 Gross Dividend per Share from 2020 Profit
Telecom group Digi Communications (DIGI.RO) proposes a gross dividend per share of RON0.75 from its 2020 profit, subject to shareholder approval on May 18.
2Performant Changes Organizational Structure, Appoints New Managers
Romanian technology company 2Performant Network (2P.RO), the leader of the Romanian affiliate marketing market, said Tuesday it has reorganized its activity organized into two business units...