Technology &Telecoms
Vodafone Romania To Buy Evotracking
Telecom operator Vodafone Romania has signed an agreement to buy Evotracking, a Romanian company in the field of Internet of Things (IoT), which owns the brand EVOGPS.
Bittnet Systems Revenues Soar 58% To RON21.7M In 2017
IT training services provider Bittnet Systems (BNET.RO) on Monday said its revenue surged 58% to RON21.7 million in 2017, from RON13.7 million a year before, and its net profit rose 43% to R...
UPC Puts Robert Redeleanu In Charge Of Its Polish Subsidiary
Robert Redeleanu, the executive who has been in charge of the Romanian operations of world’s largest cable TV and fixed Internet service provider US-held Liberty Global (LGI) in the past two...
UPC Romania Posts 6.5% Growth in Revenue in 2017, to RON734M
Cable TV, internet provider and telecom operator UPC Romania, member of Liberty Global, on Thursday said it registered revenue of RON734 million in 2017, 6.5% higher on the year, and reached...
Gersim Owner: Romanian Managers Complain About Conditions For Business Too Much
Romanian managers complain too much about legislative and fiscal changes, red tape and infrastructure in Romania instead of looking at the ‘excellent’ opportunities for business.
Vodafone Service Revenue Up 2.2% in Sept-Dec 2017, to EUR182.3M
Vodafone Romania, the second largest player on the local mobile telephony market, reported service revenue of EUR182.3 million in September-December 2017, up 2.2% compared with the same peri...
Orange Romania CEO: Telecom Market Up 5% To More Than EUR3.7B In 2017
The telecommunications market in Romania grew by 5% to more than EUR3.7 billion in 2017. The driver the industry was the fixed and mobile Internet services, Liudmila Climoc, chief executive...
Cable TV Service Provider AKTA Earmarks EUR10M For Investments In 2018
Romania’s largest independent cable TV provider, which operates under the AKTA brand through two companies – Digital Cable Systems (DCS) and AKTA Telecom, has earmarked EUR10 million for inv...
New Investment Fund, Focused On Technology Start-ups, Taps Romanian Market
Venture capital fund GapMinder, which targets innovative start-ups and is mostly financed through the Competitiveness Operational Programme (COP) 2014 - 2020, with co-financing through the E...