Technology &Telecoms
U.S. Cognizant Buys Softvision Group
Softvision, a software company established in 1994 by Romanian Laurentiu Russo, was acquired by U.S. information technology provider Cognizant Technology, the two firms said in an announceme...
Delphi Technologies Opens IT Center in Bucharest
Delphi Technologies, which manufactures engine propulsion solutions for the automotive industry, opened its first IT center Thursday, in Bucharest.
Schaeffler Builds Testing Center in Brasov
Schaeffler Romania, the local subsidiary of Germany’s Schaeffler group, will build a testing center in Brasov, central Romania, on an area of 8,000 sqm, where 160 engineers will work startin...
NTT DATA Romania Posts 27% Higher Turnover, Of EUR43M, In January-August 2018
Software services and solutions provider NTT DATA Romania (former EBS Romania), part of Japanese group NTT DATA, on Wednesday said its turnover grew 27% year-on-year, to EUR43 million, in Ja...
VTEX Targets Investments Of Over EUR2M In Next 5 Years After Opening Office In Romania
VTEX, global provider of cloud e-commerce solutions for large companies and one of the world’s leading e-commerce platforms, opened an office in Romania in September and announced investment...
Online Retailer Elefant.Ro Raises RON8M From Private Investors In 12 Days
Elefant Online SA, the third leading online retailer in 2017 by revenue, raised almost 8 million lei (EUR1.71 million) through a bond issue available only to fewer than 200 investors, accord...
ANCOM: Investments In Romania’s 5G Network To Reach EUR9B Until 2024
Investments in Romania’s 5G network will rise to EUR9 billion until 2024 and the auction for 5G frequencies will start until the middle of 2019, Sorin Grindeanu, president of the country’s t...
Apple Opens Its Own Company in Romania
American tech giant Apple founded Apple Sales Romania SRL in August, a company controlled directly by Apple's subsidiary in Ireland, which conducts its European operations.
Digi Launches Fixed Internet and Telephony Services in Spain
The Spanish division of Romanian telecom operator Digi Communications (DIGI.RO) has launched its fixed broadband and fixed telephony services in Spain under an agreement with local telecom o...