Technology &Telecoms
Acer: Romania Is Our Third Largest Market in Eastern Europe
The Romanian PC market has reached maturity, as consumers are already buying their third or fourth computer, based on their needs. The segments seeing growth now are the ultrabooks and gamin...
Romanian Durable Goods Market Drops 2% in 1Q/2019
The Romanian durable goods market declined 2% on the year in the first quarter, to EUR700 million, a GfK TEMAX survey showed Wednesday.
UPC Romania 1Q Revenue Grows 4.2%, to RON168M
Cable TV, internet provider and telecom operator UPC Romania, which Liberty Global has agreed to sell to Vodafone, ended the first quarter with revenues of RON168 million, up 4.2% on the yea...
Net Brinel Turnover Grows 25% in 2018, to Over RON22M
Cluj-based IT systems integrator Net Brinel, whose shareholders include France's SNEF, topped RON200 million (EUR43 million) in turnover for the first time in 2018, the company said Monday.
UiPath Raises $568 Million in New Funding Round, Company Valued at $7B
UiPath, a start-up founded in Romania in 2015 that is currently a leading robotic process automation software company announced it raised a record financing amount that hikes its valuation t...
ZF Mobilio ’19: Costs of National 5G Infrastructure Could Reach EUR1B per Operator
The costs of building 5G mobile communications networks with a similar coverage and quality as the current 4G infrastructure, of more than 90% of the population, could amount to EUR1 billion...
iSTYLE Buys iCenter Store in Bucharest, Reaches Ten Stores in Romania
Apple reseller iSTYLE Retail has acquired the iCentre store in Promenada shopping mall in Bucharest, reaching ten stores in Bucharest and main cities in Romania
Bittnet Aims To Double Its Turnover In 2019, To Nearly RON130M, But Expects 30% Lower Net Profit
IT&C solution integrator and IT training services provider Bittnet Systems (BNET.RO) targets a turnover of RON130 million in 2019, more than double the level reported in 2018, and a net prof...
AROBS Transilvania Expands into HR Software Market
AROBS Transilvania, one of the largest actors on the local IT solutions market, has entered the market of software platforms for human resources with the acquisition of the specialized depar...