Technology &Telecoms
Telekom Romania Consolidated Revenue Up 5% in 2019, to EUR980M
Telekom Romania posted consolidated revenues of EUR980 million in 2019, up 5% on the year, and its EBITDA also grew 5%, to EUR144 million, the company said in a statement.
Orange Romania Launches Currency Exchange Services in Orange Money App
Telecom operator Orange Romania has added currency exchange services to its Orange Money app, allowing users to transfer money in 18 currencies at no extra charge.
Netopia Payments: Number Of Online Transactions Up Over 40% In 2019
The number of online transactions processed by Netopia Payments grew 41% in 2019, with over 2 million online transactions, by card or text messages, being registered monthly, with the bulk o...
Orange Posts EUR1.1B Turnover in 2019
Telecom operator Orange Romania posted a turnover of EUR1.112 billion in 2019, 1.2% lower compared with 2018, the company said Thursday.
Samsung Smartphone Market Share Up To Almost 54% In Volume In 2019
South Korea’s Samsung had its best year ever on the smartphone market in Romania in 2019, as its market share reached about 54% by volume, 6% higher than in the previous year, even though th...
Revolut Tops 1 Million Users in Romania
British fintech Revolut has more than one million users in Romania after 400% growth in the second half of 2019, making Romania its biggest market after UK, it said in a statement Wednesday.
Optima Eyes 25% Higher Turnover, Of Over RON28M, In 2020
Local company Optima, specialized in providing outsourcing services, eyes increasing its turnover by 25% in 2020, up to RON28.6 million (EUR6 million), amid attracting new clients and extend...
VTEX To Invest $4M In Romania In Next 2 Years; Its Bucharest Center To Coordinate Regional Development
VTEX, one of the world’s leading e-commerce platforms, will invest $4 million in development in Romania, over the next two years, of which $1.5 million will be allocated in 2020.
Association: Romania E-Commerce Sector Tops EUR4.3B Threshold End-2019, Up 20% YoY
According to estimates by the Association of Romanian Online Stores (ARMO), the local e-commerce sector exceeded the EUR4.3 billion threshold at the end of 2019, higher by 20-22% than the es...