Technology &Telecoms
Telekom Romania CEO: Headcount Reduction Mainly Targets Administration and Back-Office Areas
Simplification of internal processes and products, digitalization and automation of certain operations and the pressure for an improvement in the financial results are the main reasons for T...
Vodafone Enters Market of Fixed-Mobile Service Packages in Full Gear with UPC Takeover
Vodafone, the number two of the mobile telephony market in Romania with almost 10 million customers, will gain one million customers for fixed services and a network that covers half of the...
EC Clears Vodafone's Acquisition of Liberty Global's Local Cable Business
The European Commission has approved the proposed acquisition by Vodafone of Liberty Global's cable business in Czech Republic, Germany, Hungary and Romania, part of a EUR18.4 billion deal.
Telekom Romania Set to Shed Nearly 700 Employees
Telekom Romania group, consisting of the former Cosmote and Romtelecom, will lay off nearly 700 employees as part of a restructuring program started two years ago.
Simultec Plant Makes Five Military Flight Simulators a Year
Simultec plant in Magurele, part of Israel’s Elbit Systems, makes more than five flight simulators a year, and 90% of its production is exported.
Otto Broker To Buy Stake in Self-Service Insurance Platform i-Asigurare.ro
Insurance brokerage firm Otto Broker, founded by entrepreneur Victor Sraer, said Monday it has signed an agreement to acquire a stake in local self-service insurance platform i-Asigurare.ro.
Romania Signs EUR41M Contracts To Digitalize Public Services
Romania’s Government on Thursday signed three EU financing contracts to digitalize public services, with EU Funds Minister Roxana Minzatu stating the Executive aims to eliminate queues at pu...
Romania’s Smartphone Market Down 2.5% In Value in Jan-May
The smartphone market in Romania did not continue to grow in value as it did in 2018 and dropped in the first few months of 2019, as users turned away from premium smartphones costing more t...
Huawei Unveils In Romania Its First Commercial 5G Smartphone Huawei Mate 20 X
China’s Huawei has announced the launch in Romania of the Huawei Mate 20 X model, the company’s first commercial 5G smartphone.