Technology &Telecoms
Orange to Launch 5G Services in Romania
Romania is the first country where Orange plans to launch 5G telecommunications services, deputy general manager and head of European operations Ramon Fernandez said Tuesday at a press confe...
Electrogrup To Build 5G Communications Network in Netherlands
Cluj-based Electrogrup, a member of E-INFRA group, owned by Teofil Muresan, Simion Muresan and Marian Pantazescu, started works on developing a 5G telecommunications network in the Netherlan...
Taxi Ride Hailing App Clever to Become Free Now in the Next Months
Local taxi ride hailing app Clever is set to become Free Now in the upcoming months, part of international urban mobility group Now, launched by Daimler and BMW in February this year.
Frisbo Assessed at EUR6M After EUR1.2M Investment
Frisbo, the first full provider of e-fulfillment services in Romania, which takes over depositing and processing the orders of online shops, received an investment of EUR1.2 million in a fin...
PowerNet Consulting Expects RON11M Revenue by Yearend
Romanian-owned PowerNet Consulting, which specializes in providing IT security services and solutions, expects to end the year with more than 11 million lei (EUR2.3 million) revenue, more th...
Software Company Life is Hard Profit Grows 67% in Jan-Sept Despite 8% Lower Sales
Cluj-based software company Life is Hard (LIH.RO) posted a net profit of RON643,511 for the first nine months, up 67.4% on the year, while its turnover dropped 8.1%, to RON3.4 million.
Romania Postpones 5G License Tender for 2020
Romania's telecom regulator ANCOM has postponed until next year a 5G license tender from which it expected to get at least EUR 580 million.
Orange Romania Turnover Drops 2.8% in 3Q, to EUR279M
Orange Romania, one of the leading telecom operators in Romania, posted a turnover of EUR279 million in the third quarter of 2019, down 2.8% on the year, on lower demand for equipment, it sa...
PayPal, Mastercard Extend Instant Money Transfer Service In Several European Countries, Including Romania
PayPal, a widely-used online transfer and payment system, and Mastercard, a global leader in digital payment technologies, have announced a partnership aimed at extending the instant money t...