Technology &Telecoms
TechAngels Investors Triple Activity in Jan-Sept
TechAngels,a group of private investors supporting tech start-ups that invested EUR6 million in 2019, tripled its activity in the first nine months of 2020, attending over 60 presentations a...
Safetech Innovations Seeks To Attract RON2.5M Financing Via Private Placement, List On AeRO Market
Local company Safetech Innovations, specialized in providing cyber security solutions, plans to trade its shares on the alternative trading system AeRO of the Bucharest stock exchange until...
Wirecard Sells Romanian Operations to SIBS
Insolvent German electronic payment processor Wirecard has sold all sold all shares in Wirecard Romania SA to the leading European payment service provider SIBS.
Zitec Turnover Grows Over 50% YoY To EUR1.5M In 1H/2020
Online applications developer Zitec, the main player on Romanian digital marketing and IT market, reported an increase of over 50% in revenue on the year to EUR1.5 million in the first half...
Early Game Ventures Invests in Agricultural Tech Start-Up
Early Game Ventures (EGV), an early-stage venture capital firm announced Thursday it has invested in Meshine Tech, a start-up working on a platform analyzing data collected from agricultural...
Romanian Retailer eMAG Opens First Showroom in Bulgaria
Romanian online retailer eMAG continues international expansion and opened its first showroom in Sofia, Bulgaria, after opening a showroom in Hungary three months ago.
Samsung: 2020 Not a Typical Year but TV Set Market Stable
The trend of TV sales on the Romanian market has been completely unusual this year as the start of the COVID-19 pandemic led to sports events being postponed that normally drive people to bu...
Computer and Electronics Retailer Ideall.Ro Growth Slows Down in 2019
Bucharest-based Ideal Tech, which operates online computer and electronics store Ideall.ro, ended 2019 with growth in sales again, through the growth slowed down, Finance Ministry data show.
Czech Proptech Realpad Enters Romanian Market
Czech proptech (property technology) Realpad Software, founded by Marian Skvarek in 2012, has recently entered the Romanian market, as part of the company’s strategy to expand globally.