Technology &Telecoms
Antitrust Body Clears RCS&RDS Takeover of AKTA
Cable TV provider RCS&RDS/Digi, the leading cable TV and fixed internet provider in Romania, with more than 50% share of the total number of customers, received antitrust clearance to take o...
Start-Up Firm Milluu Invests EUR1M In Property Management Service Dubbed Milluu Select
Start-up company Milluu, which has developed an online platform digitizing the apartment rental process, is announcing investments of EUR1 million in Milluu Select, a property management ser...
IT Integrator Metaminds 2019 Net Profit Soars 236% To RON7.3M; Turnover Surges 150% To RON124
Metaminds, an integrator of cybersecurity solutions and complex IT solutions, formerly known as Nova Tech Integrated Solutions, ended 2019 with a net profit of RON7.3 million, up 236% on the...
iHunt Technology Calls Shareholders To Approve RON7M Bond Financing
Ploiesti-based iHunt Technology (HUNT.RO), a producer and supplier of mobile phones and hi-tech gadgets, is summoning its shareholders on August 27 to approve the launch of an issue of unsec...
Glovo Expands to Two More Romanian Cities
Glovo, a quick delivery service app, has become available in Bistrita and Targu Jiu, and now covers 31 towns and cities in Romania.
Farmec Online Sales Double in 1H/2020
Farmec Cluj-Napoca, the biggest local cosmetics manufacturer, said Thursday its online sales doubled in the first half of 2020 compared with the same period in 2019.
Russia’s Revo Technologies, Operating Under The Mokka Brand, To Enter Romanian Market In 2nd Half Of 2020
Revo Technologies, a Russian fintech company operating under the Mokka brand and specializing in “Buy Now Pay Later” services, will enter the Romanian market in the second half of 2020, afte...
Romanian Game Developer Amber Merges with Mexican Studio
Amber, a 100% Romanian-owned game developing company, announced Monday it has merged with KaraOkulta, an independent game developing studio in Guadalajara, Mexico.
Bittnet Systems Set To Carry Out New Capital Increase, Run An Offer For Company’s Preferential Shares
Romania’s Financial Supervisory Authority (ASF) has approved the Universal Registration Document of IT&C solution integrator and IT training services provider Bittnet Systems (BNET.RO), the...