Technology &Telecoms
Takeaway.Com Now Works with 800 Partner Restaurants in Romania
Dutch-held online food delivery marketplace Takeaway.com is now working with about 800 restaurants in Romania, 200 more than almost a year ago when it took over the local start-up Oliviera.r...
Amazon to Expand in Iasi, Looks for Additional 5,000 Sqm Office Space
US’ Amazon, world’s largest online retailer, will expand by another 5,000 square meters in Iasi, at the end of 2020, real estate market sources say, to a total of 18,000 square meters of off...
Competition Council Clears Crescendo International Takeover By Bittnet Systems
Romania’s Competition Council on Friday said it approved the transaction whereby Bittnet Systems S.A. had bought some of the assets and the activity of Crescendo International S.R.L.
DXC Technology Acquires Luxoft in $2B Deal
US-based IT solutions developer DXC Technology announced a definitive agreement to acquire Luxoft, a global-scale digital innovator with differentiated offerings and a strong presence in Rom...
Bittnet Systems Raises RON9.7M in Corporate Bond Sale
Bittnet Systems (BNET.RO), local integrator IT&C solution integrator and IT training services provider, has raised RON9.7 million selling corporate bonds on the capital market.
Allview Decline Continues Ten Months Into 2018
Brasov-based Visual Fan, which sells various gadgets branded as Allview, saw a decline on the smartphone market again in 2018, after an almost 50’% drop in revenue due to its exit from sever...
Liberty Global Announces Sale of DTH Operations in Eastern Europe
Liberty Global plc announced Friday it has reached an agreement to sell its DTH satellite TV operations currently serving four Eastern European markets, including Romania, to M7 Group.
PitechPlus Sees EUR9M Turnover in 2018, Seeks Scandinavian Expansion
Cluj-based software company PitechPlus estimates a turnover of EUR9 million this year, up 20% on the year, and seeks to expand to Scandinavian countries in 2019, after considerable growth on...
Early Game Ventures Seeks to Invest EUR28M in Romanian Tech
Early Game Ventures (EGV), an early-stage venture capital firm harnessing the technical talent in Central Eastern Europe has been launched in Romania, where it seeks to invest EUR28 million...