Technology &Telecoms
Former Microsoft And Vodafone Executive Alex Baloi Appointed Managing Director Of M247 Global
M247 Global has appointed Alex Baloi managing director as of September 22, 2025, the company said in a statement.
Digi About Listing Of Spanish Arm: Company Is Evaluating Operations To Improve Capital Structure, Won’t Give Up Control
Telecommunications operator Digi Communications on Tuesday said in a report to the Bucharest Stock Exchange that it was exploring options to expand operations and improve financing, includin...
DRUID AI Announces $21M Series C Funding Round, New CEO
DRUID AI, one of Romania's most promising tech startups, has announced a $31 million Series C funding round to accelerate the global expansion of its Agentic AI enterprise platform under the...
OPPO Romania Targets 15% Growth by Volume, 20% by Value at End-2025
Chinese smartphone manufacturer OPPO aims to strengthen its foothold on the Romanian market in 2025, targeting a 15% increase in the number of sold units and a 20% advance by value, against...
GoCab Software Decides To Start Insolvency Proceedings
GoCab Software (CAB.RO), the operator of the GoCab taxi ordering service platform GoCab, has decided to start insolvency proceedings for judicial reorganization due to financial difficulties...
TechAngels Startup Investments Close To EUR1M In H1/2025
Members of TechAngels, Romania's leading angel investor network, have directly invested almost EUR1 million in tech startups in the first half of 2025, similar with the amount invested in th...
Orange Launches Cybersecurity Company SCUT In Romania
French group Orange launches SCUT (Security Cyber Unified Telecommunications Unified) in Romania, a company specialized in cybersecurity, aiming to meet the challenges posed by the growing c...
Local Startup easySales Hits EUR1.2M ARR, Targets EUR1.5M at Yearend
Romanian startup easySales, which has developed an automated B2B management and e-commerce, has reached EUR1.2 million ARR and aims to hit EUR1.5 million by yearend, as it has already regist...
Bittnet Group Subsidiary Dendrio Signs RON143M Contract With Governmental Client
IT Group Bittnet Systems (BNET.RO) on Wednesday notified shareholders of the signing of a significant contract by Dendrio Solutions SRL (part of Bittnet’s Digital Infrastructure pillar). The...