Technology &Telecoms
iHunt Profit Grows Ten Times in 2020, to RON6M
Online retailer and manufacturer of mobile phones and gadgets iHunt Ploiesti (HUNT.RO) on Monday reported a net profit of RON6.15 million for 2020, nearly ten times higher compared with 2019...
2Performant Seeks to Raise RON5M Financing
Romanian technology company 2Performant Network (2P.RO), the leader of the Romanian affiliate marketing market, seeks to raise RON5 million from investors and/or by contracting credit facili...
iHunt Lists RON7M Bond Issue on Bucharest Stock Exchange
Online retailer and manufacturer of mobile phones and gadgets iHUNT (HUNT.RO) on Friday listed its first corporate bond issue on the Bucharest Stock Exchange under the ticker symbol HUNT23.
Video Games Developer Firebyte Games Starts Private Placement on Feb 15
Video games developer Firebyte Games held by Cluj-based brokerage firm BRK is starting its private placement on Monday, February 15, to raise funds for development from investors, after whic...
US Orion Acquires Romanian Tellence, Establishes R&D Center in Bucharest
US-based Orion Innovation has entered into a definitive agreement to acquire Romanian software producer Tellence Technologies and will establish a research and development center in Buchares...
Romania Plans 5G License Tender for 3Q/2021
Romania's telecom regulator ANCOM plans to hold a 5G license tender in the third quarter of 2021, after postponing it repeatedly since 2019.
Orange To Open Nine 5G Laboratories Across Europe, Of Which One In Bucharest
Telecom operator Orange said it would open nine Orange 5G laboratories, which will enable developers and players on the global market to implement the projects based on 5G technology, accord...
Vodafone Revenue Declines 2.1% in 4Q/2020, to EUR193M
Telecom operator Vodafone Romania on Wednesday reported total services revenue of EUR193 million for the fourth quarter of 2020, down 2.1% compared with the same period the year before.
UiPath Raises $750M In New Funding Round, Company Valued At $35B
UiPath, a start-up founded in Romania, that is currently one of the global leaders of the robotics software industry, announced on Monday that it closed a new Series F funding, worth $750 mi...