Technology &Telecoms
IT&C Wholesaler Elko: Consolidation Is Unavoidable
The consolidation of the IT&C wholesale market in Romania is ‘unavoidable’, as the number of companies in this business is very high considering the revenue of the sector.
Coup De Theatre: Hanson Robotics, Creator Of The Sophia Robot, Officially Confirms: “We Actually Have Over A Dozen Sophias”
Hanson Robotics, the company behind the robot named Sophia, told ZF in a statement that it actually has over a dozen Sophias, after news came out last week that there were at least two copie...
Telekom’s IT&C Solutions Business Sees 30% Growth Rate
Telekom Romania, the largest fixed and mobile communications group in the country, has seen its IT&C integrated solutions business grow to generate tens of millions of euros in revenue.
Medicover Acquires Pelican Hospital In Oradea for EUR23M
Private healthcare services provider Medicover has signed an agreement for the acquisition of a majority stake in Pelican Hospital located in Oradea (western Romania), and the value of the t...
UiPath Opens Office In Cluj-Napoca
UiPath, the first major IT company established in Romania valued at more than $1 billion, as a result of the surge in global demand for software robots, to has opened a new development cente...
UPC Acquisition Gives Vodafone Shot At Top Spot On Telecom Market
The Romanian subsidiary of UK’s Vodafone could compete for the leading position on the local telecommunications market by revenue next year, after having swallowed cable TV provider UPC, whi...
Telekom Romania Group Posts Consolidated Revenue Of EUR226.5M, EBITDA Of EUR33.1M In 1Q/2018
The group of companies Telekom Romania on Wednesday said it registered consolidated revenue of EUR226.5 million in the first quarter of 2018, and adjusted earnings before interest, taxes, de...
UPC Romania Revenues Grow 7% in 1Q, to RON190M
Cable TV, internet provider and telecom operator UPC Romania reported revenues of RON190.7 million in the first quarter, nearly 7% higher compared with RON178.4 million in the first quarter...
Liberty Global To Sell Operations in Germany, Hungary, Romania, Czech Republic To Vodafone
US group Liberty Global announced Wednesday it has entered into a definitive agreement to sell its operations in Germany, Hungary, Romania and the Czech Republic to Vodafone for around EUR19...