Technology &Telecoms
Smartphone Market Unexpectedly Up 40% In Value In H1
The smartphone market growth rate was higher than expected in the first half, over 40% by value, driven by the rising appetite of Romanian consumers for more expensive phones. The number of...
Telekom Romania Sells Land in Bucharest to One United Properties for EUR18M
Telekom Romania has completed the sale of a plot of land in the Floreasca area in Bucharest to developer One United Properties for over EUR18 million.
German Group Delivery Hero SE Acquires hipMenu Food Delivery Platform
German group Delivery Hero SE, which owns the foodpanda.ro food delivery app in Romania, has acquired local food delivery platform hipMenu, developed by Dan Klausmeier and Ciprian Costa.
Daimler Hires Andrei Frunza To Run Clever Taxi
Daimler, the German giant, which owns Romania-based Clever Taxi among others via one of its divisions, has recruited Andrei Frunza to be the CEO of the Romanian company, market sources say.
Adobe Sees Romanian Revenue Up 23% In H1
Adobe Romania, the local software research and development center of the US giant by the same name, posted 79 million lei (EUR17 million) revenue in the first half, 23% higher than in the ye...
Digi Communications 1H Net Profit Plunges 51% To EUR15M, Revenue Rises 4.8% To EUR475M
Digi Communications (DIGI.RO) on Tuesday said its net profit plunged 51% to EUR15 million (RON70 million) and its revenue from the operations in Romania, Hungary and Spain rose 4.8% to EUR47...
MedLife Completes Acquisition of SfatulMedicului.ro Platform
MedLife, leader of the private healthcare services market in Romania, announced Tuesday it has completed the acquisition of of the platform sfatulmedicului.ro, the largest medical informatio...
Top Five Video Game Developers In Romania Posted Over EUR100M Revenue In 2017
Romania’s game development industry is dominated by multinationals and the four largest such companies in the country by revenue in 2017 are the local subsidiaries of French-held Ubisoft, of...
Bogdan Putinica, Enea Services Romania: IT Industry May Generate 10% Of GDP In A Few Years
The IT&C sector, which has become the star of the Romanian economy in recent years, has the potential to grow to 10% of the GDP in the next few years, as exports of IT services have been ste...