Technology &Telecoms
EIB Grants EUR9.7M To Radiocom For Digitalization Of Romania’s Terrestrial Broadcasting Infrastructure
The European Investment Bank (EIB) is lending EUR9.78 million to Romanian public company Societatea Nationala de Radiocomunicatii SA (Radiocom) to partially finance the digitalisation of the...
Romanians Seen Spending EUR1B on Cellphones in 2018
Romanians could spend EUR1 billion on cellphones in 2018, as the value of the market has already risen 30% in the first ten months to more than 3 billion lei and the last two months of the y...
SAP Romania Grows 700 Employees, Seeks To Hire 100 More In 2019
SAP Romania, the local subsidiary of the German-held business software solutions developer, has grown to 704 employees in the three local centers in Bucharest, Timisoara and Cluj-Napoca, mor...
KeysFin: Romanian Software Market Tops EUR5.4B in 2018
Over 17,000 software companies operating in Romania will exceed EUR5.4 billion in total turnover in 2018, according to a report released Thursday by KeysFin.
Romania Durable Goods Market Grows 17% in Jan-Sept, to EUR2.2B
The Romanian durable goods market grew 17% on the year in the first three quarters, to EUR2.2 billion, an analysis by GfK showed Wednesday.
EY Romania Opens EY Wavespace In Bucharest
EY Romania opens in Bucharest the EY wavespace, a part of the global network of innovation initiatives focused on developing digital solutions for companies under development and transformat...
eMAG Expects Sales To Go Up To RON4.8B In 2018
The eMAG group, which operates in Romania, Hungary, Bulgaria and Poland, expects 4.8 billion lei (EUR1.03 billion) sales in 2018, up from the about RON4.06 billion last year. The retailer is...
Telekom Romania Group Posts 5.3% Lower Consolidated Revenue In 3Q/2018, To EUR226M
Telekom Romania group, which includes the former companies Cosmote and Romtelecom, one of the leading local providers of fixed and mobile communications services, on Wednesday said its conso...
UPC Romania Revenues Grow 4% on Year in 3Q, to RON164M
Cable TV, internet provider and telecom operator UPC Romania, part of Liberty Global, reported revenues of RON164.2 million in the third quarter, 4% higher compared with the same period last...