Technology &Telecoms
Safetech Innovations Ends 2020 With RON14.7M Turnover, RON3.1M Net Profit
Romanian cybersecurity company SafeTech Innovations (SAFE.RO) reported consolidated revenue of RON14.7 million for 2020, up 43% versus 2019, and a net profit of RON3.1 million, up 148% on th...
ELKO Romania Relocates To CTPark Bucharest, Rents 1,800 Sqm
ELKO Romania, the local division of Latvian distributor of IT and consumer electronics products, has rented 1,800 square meters within logistics park CTPark Bucharest, operated by CTP, the l...
Bittnet Operating Profit Grows 400% in 2020, to RON4.3M
Bittnet (BNET.RO), a group of IT companies listed on the Main Market of the Bucharest Stock Exchange, reported RON108.6 million consolidated revenues in 2020 and an operating profit of RON4....
PayU Romania: Romanian E-Commerce Market grows 36% in 2020, to EUR7B
The Romanian e-commerce market reached approximately EUR7 billion in 2020, 36% higher compared with 2019, data from online payment processor PayU showed Monday.
Telekom Romania Group Revenue Declines 3% in 2020, to EUR951M
Telekom Romania Group on Friday reported consolidated revenue of EUR951 million in 2020, down 3% compared with 2019, while its EBITDA adjusted to IFRS16 grew 6.6%, to EUR150.7 million, marki...
Software Company Life is Hard Gets Shareholder Approval For EUR1.5M Bonds
Shareholders of Life is Hard (LIH.RO), a software solutions provider listed on the Bucharest Stock Exchange, approved the issue of corporate, convertible, unsecured bonds, with an option of...
Bittnet Systems Buys 23% Of The E-Learning Company Shares For RON1.75M
Bittnet Systems (BNET.RO), a local integrator of IT&C solutions and training services in the IT sector, said in a stock market report that it had successfully completed negotiations needed t...
2Performant Turnover Grows 31% in 2020, to RON20M
Romanian technology company 2Performant Network (2P.RO), the leader of the Romanian affiliate marketing market, reported a turnover of RON20.2 million in 2020, up 31% on the year, and a net...
Outsourcing Companies Seek to Hire 1,850 People in Romania in 2021
Companies in Romania’s outsourcing industry have not been affected by the COVID-19 pandemic too much and plan to continue hiring in 2021. Nine of them told Ziarul Financiar they sought to hi...