Technology &Telecoms
Top Ten Telecom Retailers’ Sales up 9% to Almost RON700M in 2018
The ten largest actors on the local telecom retail market posted 698.6 million lei (EUR150.1 million) sales together in 2018, an increase of 9% on the previous year, while the net profit sto...
BCR Implements Blockchain Database Solution Developed By Modex
Banca Comerciala Romana (BCR), the second largest bank on the Romanian market, is exploring the implementation of a blockchain database solution developed by the Romanian programmers of the...
PwC: Digital Transformation To Affect 600,000 Jobs In Romania In Next Ten Years
Some 600,000 jobs in Romania will be affected in the next ten years by the digital transformation generated by the new technologies, in the context in which 325,000 new jobs will be created...
KeysFin: IT Industry, 1st In Ranking Of Most Profitable Investments For U.S. Firms, With Over EUR25M Net Profit In 2017
The IT industry holds the top spot in a ranking of the most profitable investments for U.S. companies present in Romania. The net profit reported by these firms exceeded EUR25.8 million in 2...
MasterCard Official: Romania Ranks 5th in Europe by Contactless Payments
Romania is fifth in Europe and tenth worldwide by the number of contactless card payments, said Ana Maria Pochi, account manager MasterCard Romania, citing a company study.
Orange, Digi and Two Former Soviet Area Investor Groups in Race for Telekom Romania
Orange, the leader of the local telecom market, RCS&RDS/Digi – the leader of the cable TV and fixed Internet market and two separate groups of investors from the former Soviet area, one of w...
Italy’s CHL Acquires Poland’s Airtime And Romania’s Prime Exchange Technologies
Italian telecommunications group CHL, also present in Romania through the company Prime Exchange Technologies, has acquired Polish telecommunication company Airtime and expects revenue of ov...
Deutsche Bank’s Romanian Software Center 2018 Turnover Up 17% To RON261M, Profit Down 18% To RON19.5M
Deutsche Bank’s software center in Romania, which was established in 2013, reported a turnover of RON260.9 million (EUR56.1 million) in 2018, up 17% year-on-year, according to Finance Minist...
GTS Telecom 2018 Net Profit Grows 14% YoY To RON12M
GTS Telecom, one of the largest providers of communication services for companies on the local market, reported a turnover of RON86.9 million (EUR18.7 million) in 2018, up 3% year-on-year, a...