Technology &Telecoms
Bittnet Systems Boosts Share Capital By RON350,000
IT&C solution integrator and IT training services provider Bittnet Systems (BNET.RO) on Thursday announced a share capital increase by issuing 3,477,967 shares, with a face value of RON0.1,...
SafeTech Innovations Doubles Profit In 2018; Eyes Listing On BVB’s Alternative Trading System AeRO
Local company Safetech Innovations, specialized in providing cyber security solutions, on Thursday reported a net profit of RON1.1 million for 2018, double against the result reported in 201...
Digi Communications Seeks to Raise EUR125M from Investors
Telecom operator Digi Communications (Digi.RO) on Wednesday decided to offer additional secured notes maturing in 2023 with 5% interest, seeking to raise EUR125 million.
Gersim Revenue Down 10% to EUR150M in 2018
Gersim Impex, the largest mobile phone and tablet distributor in Romania, ended 2018 with EUR150 million revenue, 10% lower than in 2017, which owner and CEO Dan Stefanescu deems as a good r...
Webhelp Romania Eyes Acquisitions In 2019; Seeks To Boost Staff Numbers
Outsourcing company Webhelp Romania will focus in 2019 on completing its services portfolio by acquiring a company, expecting its staff numbers to grow by some 500 people and its turnover to...
Vodafone Romania Service Revenue Down 0.8% In 4Q/2018 Due To Negative Impact Of Termination Rates
Telecom operator Vodafone Romania on Friday said its service-generated organic revenue inched down 0.8% in the quarter ended on December 31, 2018, compared with the same period a year before...
Honor Set Its Targets for Romania: 3% of Smartphone Sales in 2019, 7% in 2020
Honor, the second smartphone brand of China’s Huawei as of 2013, will arrive in Romania via distributor TCCM and the official launch was scheduled for February.
Visteon Corporation Opens Tech Center in Timisoara, W Romania
U.S.-based automotive industry supplier Visteon Corporation will be opening a tech center in Timisoara, western Romania, and plans to hire 400 professionals specialized in software, technolo...
Bittnet Systems Founders Sell 14% Of Company's Shares In RON8M Deal
Logofatu brothers, the founders of IT&C solution integrator and IT training services provider Bittnet Systems (BNET.RO), sold 14.4% of the company’s shares within a session of special deals...