Technology &Telecoms
Taiwan’s Aten Chooses Romania over Hungary for Repair Center and Sales Office
Taiwan-based Aten, one of the world’s largest manufacturers of connectivity and access management hardware, has chosen Romania to open its regional center that will supervise sales and repai...
Telecom Regulator: Implementation Of 5G Network To Generate EUR4.7B Revenue In Romania
The implementation of 5G telecommunications services will impact Romania’s economy by generating revenue of EUR4.7 billion and creating over 252,000 jobs, Romania’s telecom regulator ANCOM t...
United Group Becomes Competitor of Orange and Digi for Telekom Romania
Telecommunications group United Group, which has operations in seven countries in the region, is held by US-UK private equity firm BC Partners and has just signed the deal to take over Vivac...
Romanian Tech Company Druid Named CEE's Startup of the Year
Romanian AI developer Druid, founded by entrepreneur Liviu Dragan, was designated startup of the year in Central and Eastern Europe at the 2019 Central European Startup Awards held in Buchar...
Everseen Relocates to Iulius Town Office Compound in Timisoara
Everseen, an Irish tech company specializing in artificial intelligence, has leased 1,250 square meters in the UBC 1 office building in Iulius Town Timisoara for its first headquarters in Ro...
TransferGo Launches In Romania Instant Money Transfer Service For All Cards Issued Locally
British money transfer company TransferGo, present locally since 2015, has announced the launch in Romania of an instant money transfer service between all cards issued in Romania.
Candy Crush Game Developer Shuts Down Bucharest Office
King Software, the developer of the famous Candy Crush game, has closed its Bucharest office, with only the reception desk still operational at the Opera Center location.
ROCA Acquires 30% of Yellow.Menu Food Delivery Platform for EUR300,000
Investment and management platform ROCA, which targets Romanian companies in distress, has acquired 30% of Yellow Restaurant, which owns and operates food delivery platform Yellow.Menu., in...
GfK: Romania Durable Goods Market Grows 2.6% YoY To EUR2.27B In Jan-Sept 2019
The Romanian durable goods market grew 2.6% on the year in the first nine months of 2019, to EUR2.27 billion, a GfK TEMAX survey showed Thursday.