Technology &Telecoms
IT Firm Qualitance To List RON7.2M Bonds On Bucharest Stock Exchange
Romanian IT company Qualitance on Thursday brought bonds in euros on the Bucharest capital market, the equivalent of RON7.2 million, which mature in 2022.
2Checkout Expands Office Space In Bucharest’s Pipera Area After Increasing Staff Numbers To 340
E-commerce solutions provider 2Checkout has recently completed the expansion of its office space in Bucharest’s Pipera area, after its team was increased to 340 employees, above its early-ye...
Ness Digital Engineering Leases Over 4,100 Sqm Within UBC 0, The Tallest Office Building In Romania
Israel’s IT company Ness Digital Engineering has leased over 4,100 square meters within United Business Center (UBC) 0, the tallest office building in Romania, developed within Iulius Town m...
FintechOS Attracts $14M Financing To Continue Fast Growth Pace
Start-up firm FintechOS, a spin-off from local company Softelligence, specialized in developing digital transformation solutions for the financial industry, has attracted a new financing, of...
ANIS: Romanian IT Market To Reach Nearly EUR6B in 2019
Romania’s software and IT services sector will reach a turnover of EUR5.9 billion by the end of 2019 and exports account for nearly 80%, a study by the Romanian Employers Association in the...
Government to Repeal Part of Controversial Tax Bill
Romania's liberal government will fast-track a bill to repeal several provisions of a controversial tax bill adopted by the previous social-democrat government, prime minister Ludovic Orban...
Miroslav Majoroš Renewed as CEO of Telekom Romania
Telekom Romania has renewed the term of Miroslav Majoroš as CEO for another year starting January 1, 2020.
Deutsche Telekom Also Closes Subsidiary Of T Systems Division In Romania As Part Of Global Restructuring Program
Germany's Deutsche Telekom Group, which undergoes a full restructuring process of its IT services division, T Systems, globally, in a move to cut costs by EUR600 million, has decided to also...
RCS&RDS Decides to Buy AKTA For EUR77M
Cable TV provider RCS&RDS, the leading cable TV and fixed internet provider in Romania, with more than 50% share of the total number of customers, plans to strengthen control over the two se...