Technology &Telecoms
iHunt Seeks to Distribute Free Shares in RON5.6M Capital Hike
Online retailer and manufacturer of mobile phones and gadgets iHunt Ploiesti (HUNT.RO) seeks to raise its share capital by RON5.6 million by offering free shares from its 2020 profit.
Insurer Asirom Introduces AI in Damage Assessments for Car Insurance Policies
Asirom, the second largest local insurer in the portfolio of Vienna Insurance Group (VIG), has introduced artificial intelligence in the damage assessment system n the underwriting process f...
EY Romania: Governments Must Digitize Public Services with Adequate Cybersecurity
The digitization of public services is an indisputable necessity, as it solves citizens' problems quickly and efficiently, especially in the current context of the pandemic, in which social...
Gecad Ventures Marks New Exit as IVC Evidensia Acquires PawSquad
Veterinary services provider PawSquad, founded in 2015 by serial entrepreneurs Diwaker Singh and Radu Georgescu, has been acquired by IVC Evidensia, Europe’s leading veterinary care provider...
Amazon To Open Three New Offices in Romania
Amazon, the world’s largest online retailer, plans to open a new office in Timisoara and two more in Iasi by the end of the year, creating 500 more jobs.
Epson Romania Home Printer Sales Surge in 2020
The Romanian printer market increased by more than 36% in volume last year, driven by the surge in demand for home printers, following the shift to working from home.
Software Company Life is Hard Profit Drops 21% in 2020, to RON1.1M
Romanian software developer Life is Hard (LIH.RO) reported a net profit of RON1.12 million for 2020, down 21.13% compared with 2019.
Bittnet Systems Closes Share Capital Increase Operation; Raises RON10.7M Financing
Bittnet Systems (BNET.RO), a local integrator of IT&C solutions and provider of training services in the IT sector, announced Tuesday on the stock market the early close of Stage 2 (private...
Bittnet Systems Signs Investment Agreement With Servodata Shareholders
Bittnet Systems (BNET.RO), a group of IT companies, listed on the Main Market of the Bucharest Stock Exchange, on Monday announced the signing of an M&A investment agreement with the shareho...