Technology &Telecoms
Fashion Days Expects Over 60% Higher Sales in Romania in 2020
Fashion Days, the largest online fashion retailer in Romania, expects to end the year with some 550 million lei sales on the local market, an increase of more than 60% on the previous year,...
Asbis Romania Targets 25% Higher Turnover, Of Over RON212.8M, End-2020
ASBIS Romania, the local subsidiary of Cyprus-based IT&C distributor ASBIS, expects a nearly 25% increase in turnover at the end of 2020, up to RON212.8 million ($51.9 million).
EUR500M Deal: Orange Buys Telekom’s Fixed Service Business in Romania
The deal European giants Deutsche Telekom and Orange have been negotiating over consolidation of their operations in Romania is one step away from an official announcement: Romtelecom, the f...
Altex Opens EUR5M Store in Lugoj, Western Romania
Electronics retailer Altex opens a 1,500 sqm store in Lugoj, western Romania, on November 5, following an investment of EUR5 million.
Two Romanian Entrepreneurs Invest EUR300,000 In Digital&Tech Startup On Real Estate Market
Two Romanian entrepreneurs, Alexandru Boghiu and Radu Gogoasa, are investing EUR300,000 in launching The Mavers, a digital & tech startup on the real estate market which provides companies w...
iHunt Technology Closes Bond Sale Early
Broker TradeVille on Friday closed early a private placement for bonds issued by iHunt Technology as the bonds were oversubscribed by 45%.
Lenovo Romania: PC Deliveries at Decade High in Romania in Q2
Sales of computers reached a decade high in Romania in the second quarter, as demand for technology skyrocketed due to the COVID-19 crisis, when companies, schools and authorities found them...
Orange Romania Turnover Falls 2.1% in 3Q, to EUR273M
Telecom operator Orange Romania said Thursday it posted a turnover of EUR273.1 million in the third quarter, down 2.1% compared with the same period in 2019.
Online Grocery and Household & Personal Care Product Sales Could Reach EUR1B by 2025
Online sales of groceries and personal and household care products could reach EUR1 billion by 2025 or 4% of the total market, ZF has calculated from the estimates of the Bringo delivery pla...