Technology &Telecoms
Roca X Puts Alexandru Bogdan In Charge Of Project Targeting Disruptive Companies In Their Infancy
ROCA X, an investment fund focusing on start-ups in the technology sector, part of Impetum Group, said it has appointed Alexandru Bogdan to run the operations of a project targeting disrupti...
Romanian Deep-Tech Startup Humans Attracts EUR330,000 Financing
Romanian deep technology startup Humans has attracted a financing of EUR330,000 that will be used to develop an innovative technology able to generate synthetic (AI-created) media. The bigge...
Telecom And Automotive Component Plant Faist Oradea Revenue Down 9.5% To RON310M In 2019
Telekom infrastructure and automotive industry component supplier Faist Mekatronic, part of UK’s Faist group, posted about RON310.2 million (EUR65.5 million) revenue in 2019, about 9.5% less...
Small IT Companies Can Make A Difference In New Economy With Their Competencies
Small technology companies can make a difference in the new economy shaped by the crisis through the competencies they have and their power to adapt, which are qualities necessary to navigat...
ANCOM: State Of Emergency Period Boosts Internet Consumption By 4% In Mobile Networks, By 28% In Fixed Networks
Internet consumption in Romania has increased by 4% in mobile networks and by 28% in fixed networks lately, with voice traffic growing 10% in mobile networks and 6% in fixed networks, Romani...
Instant Payment Service Managed By Transfond Sees 50% Increase In Transactions In March 2020
Electronic payment system Transfond reported a 50% increase in the volume of transactions in March 2020, in the current context of the COVID-19 pandemic, according to data from company repre...
Roca X Raises Share Capital to EUR4M
Roca X, an investment fund focusing on start-ups in the technology sector, part of Impetum Group, attracted a new round of financing raising its share capital from EUR2.7 million to EUR4 mil...
Iulian Stanciu, eMAG CEO: We Should Gradually Replace Lockdown With Steps To Restart Economy
The authorities should gradually ease the lockdown a number of economy sectors are experiencing to allow the economy to restart and keep addressing the healthcare crisis as a priority.
ANCOM: Work From Home, Online Courses Boost Fixed Internet Traffic 20.9%, Mobile Traffic 12% On Average
Internet traffic grew on average 21% in fixed networks and 12% in mobile networks, in the last week of March 2020, compared to the end of February 2020, when Romania reported the first case...