Technology &Telecoms
Romania Video Games Market Headed Towards RON560M Sales in 2020
Sales of video games could grow by 11% in Romania in 2020 compared with 2019, market research company Euromonitor says, and the growth rate will be double on this market segment, amid the lo...
eMAG Invests EUR90M in New Logistics Center on A1 Highway
eMAG, the leading online retailer in Romania, said Thursday it will invest EUR90 million in a new logistics center at km 19 of the A1 highway that will stretch onto 130,000 square meters and...
Cisco Appoints Paul Maravei as General Manager of Cisco Romania
US tech giant Cisco has appointed Paul Maravei as new general manager of Cisco Romania starting August 1 as Dorin Pena has been promoted to regional level after almost seven years in this po...
Holde Agri Invests in Local Agri-Tech Start-Up
Holde Agri Invest, a Romanian company operating farmland, announced Thursday a strategic partnership with local start-up AgroCity whose software helps farmers manage activities efficiently w...
Endava Romania Posts 29% Revenue Growth in 2019, to RON647.7M
UK software and IT services provider Endava reported revenues of RON647.7 million in Romania in 2019, up 29% on the year, and a net profit of RON62 million, up 24% on the year.
Genpact Romania Profit Quadruples in 2019, to RON48.9M
Outsourcing service provider Genpact, a company with 4,000 employees in Romania, posted a turnover of RON529.7 million (EUR111.8 million) in 2019, up 18% compared with 2018, finance ministry...
ROCA X Expands Team With Two Senior Investment Partners
ROCA X, an initiative supporting disruptive early-stage startups and part of the Impetum Group, announced Thursday Jennifer Austin and Matei Dumitrescu, two important industry figures, have...
Orange Romania Turnover Drops 10% in 2Q/2002, to EUR242M
Orange Romania, one of the leading telecom operators in Romania, said Thursday it posted a turnover of EUR242 million in the second quarter, down 10% compared with the same period in 2019.
Hornbach: Average Shopping Basket Online Double Compared with Physical Stores
StoresGerman-owned Hornbach Romania, one of the leading retailers of building and gardening materials on the Romanian market, said Tuesday the average value of a shopping basket in its onlin...