Technology &Telecoms
Brasov-Based Visual Fan 2019 Turnover Up 11% YoY To RON84M
Brasov-based Visual Fan, which sells various gadgets under the brand Allview, on Tuesday said its turnover grew 11% on the year to RON84 million, compared with RON76 million in 2018, while s...
Elefant Online Posts Operational Loss of RON6.7M, Targets Profit in 2020
Elefant Online, which operates online retailer elefant.ro, reported a turnover of RON173.7 million for 2019, up 25% on the year, and an operational loss of RON6.7 million, compared with a lo...
TotalSoft Revenue Up To EUR22M In 2019
TotalSoft, one of the most important providers of business IT systems in Central Europe, part of Turkey’s Logo group since 2016, posted more than EUR22 million revenue in 2019, almost 20% hi...
ARB: Value Of Credit Card Transactions In Romania Doubles In Last Four Years, Reaching RON4B In 2019
The value of credit card payment transactions in Romania has doubled over the last four years, reaching RON4 billion in 2019, and the number of transactions followed the same trend, reaching...
Durable Goods Market Up 3.7% To EUR3.5B In Romania In 2019
Durable goods sales stood at EUR3.5 billion in Romania last year, 3.7% higher than in 2018, with the growth driven mostly by higher sales of small and large home appliances and the telecom s...
Romania Postpones 5G License Tender for Late 2020
Romania's telecom regulator ANCOM has postponed until the end of 2020 a 5G license tender that had already been pushed back in 2019.
iHunt Technology 2019 Net Profit Up 31.3% To RON633,510, Turnover Up 1% To RON24.9M
Ploiesti-based iHunt Techonology (HUNT.RO), a manufacturer and supplier of mobile telephones and hi-tech gadgets, on Friday said it ended 2019 with a net profit of RON633,510, up 31.3% on th...
UiPath Ends 2019 With $360M In Annual Recurring Revenue
UiPath, the most valuable IT startup founded in Romania and a leading robotic process automation (RPA) software company, on Friday said it ended 2019 with an annual recurring revenue (ARR) o...
Digi Communications Net Profit Soars 131% YoY To EUR41M In 2019
Digi Communications (DIGI), the third largest player on the European cable market, held by businessman Zoltan Teszari, on Friday said its net profit soared 131% on the year to EUR41 million...