Technology &Telecoms
Private Equity Firm Vitruvian In Talks To Buy Into Bitdefender
Swedish/British private equity firm Vitruvian Partners has started exclusive talks with private equity firm Axxess Capital to buy 25% in Bitdefender, an IT security solutions provider contro...
Telekom Romania Posts EUR240M Revenue in 3Q/2017
Telekom Romania, one of the largest providers of fixed and mobile communications services on the local market, reported revenues pf EUR240 million for the third quarter, down 0,8% on the yea...
Bohalteanu si Asociatii To Advise on Posta Romana Capital Hike
Romania's communications ministry has selected law firm SCA Bohalteanu si Asociatii to advise it on the share capital hike of state-owned postal operator Posta Romana, under a RON10,000 cont...
Yanmin Wang, Huawei: There’s Still A Lot Of Room For Us To Grow On Smartphone Market In Romania
China’s Huawei, which climbed to the second spot on the smartphone market in Romania in several years, gaining 15% market share by number of units sold, has a lot of room for growth on this...
eMAG Invests EUR10M To Address Delivery Problems
The largest online retailer in Romania, eMAG, has invested EUR10 million in technology for its warehouse this year alone to be able to lower the number of errors and get parcels out the door...
Huawei Opens Store In Central Bucharest
Huawei, the second-largest smartphone retailer in Romania, with a 15% market share, opened its first store and repair center in downtown Bucharest Thursday.
UPC Romania Posts 6.5% Higher Revenue On Year In 3Q/2017
Cable TV and telecom operator UPC Romania, member of Liberty Global, on Thursday said it registered revenue of over RON184 million in the third quarter of 2017, up 6.5% from RON173 million i...
Quickmobile: Romanians Paid Over EUR1.5M for iPhone X Pre-Orders
The online store Quickmobile registered 1,200 fully paid pre-orders for the iPhone X in the past three days, totaling more than EUR1.5 million.
Oracle Romania Number Of Employees Up To More Than 4,500
Oracle Romania, the local subsidiary of the US giant by the same name, has grown to more than 4,500 employees, which puts the local center among the group’s top five in the world.