Technology &Telecoms
SafeTech Innovations Signs RON4.7M Contract For Provision Of IT And Cybersecurity Services
Romanian cybersecurity company SafeTech Innovations (SAFE.RO) on Tuesday (Feb 23) signed a contract worth RON4.7 million, VAT not included, for the provision of subscription services for mai...
Swiss Digital Game Developer Miniclip Becomes Majority Shareholder Of Romania's Green Horse Games
Swiss digital game developer Miniclip has become majority shareholder in Green Horse Games, a Romanian company founded in 2013 by George Lemnaru. The transaction marks Miniclip’s entrance on...
iFactor Gets Funding from ROCA X, Targets Four New Markets in Two Years
iFactor, an online platform helping SMEs sell their individual outstanding invoices for immediate cash, will receive a round of financing from investment vehicle ROCA X and becomes the first...
Orange Romania Turnover Drops 3% in 2020, to EUR1.07B
Telecom operator Orange Romania on Thursday reported a turnover of EUR1.076 billion for 2020, down 3% compared with 2019, while customer numbers grew 1%, to 10.72 million.
Singapore-based BPO Company TDCX Opens Office In Bucharest
TDCX, a leading provider of business process outsourcing (BPO) services based in Singapore, is opening in Bucharest its first office in Central and Eastern Europe and the second in Europe, a...
FintechOS Aims To Double Its Turnover, Expand Into Markets In U.S., Middle East, North Africa In 2021
FintechOS, which specializes in the development of digital transformation solutions for the financial industry, ended 2020 with annual recurring revenue, an important indicator for the compa...
Romanian Game Developer Firebyte Games Raises RON4.93M in Private Placement
Mobile game developer Firebyte Games on Monday closed a private placement of shares in a share capital hike, raising RON4.93 million, BRK Financial Group said in a market report.
Fan Courier Turnover Grows 27% in 2020, Tops RON1B Mark
FAN Courier, the leading courier services company in Romania, said Monday its turnover grew 27% in 2020, topping the RON1 billion mark, as the ongoing pandemic boosted demand for delivery se...
Milluu Seeks To Raise EUR785,000 To Fund Expansion
Startup Milluu, which developed a home renting app, seeks to raise EUR785,000 in a new financing round to fund growth on the local market and expand its property management services to Polan...