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Problems in Turkey Drive Online Travel Agency Paravion Insolvent
Companies

Problems in Turkey Drive Online Travel Agency Paravion Insolvent

Romanian online travel agency Paravion, part of Happy Tour group, controlled by Spanish investment fund GED Capital, will enter insolvency starting August 8, citing problems on the Turkish m...

Oana Gavrila · 07.08.2017 · 16:12 · 1 min
AKTA Taps Mobile Telephony Market, In Partnership With Telekom
Technology &Telecoms

AKTA Taps Mobile Telephony Market, In Partnership With Telekom

Digital Cable Systems (DCS), a cable telecom operator operating under the brand AKTA, is entering the mobile telephony services market, based on a contract signed with Telekom Romania Mobile...

Ecaterina Craciun · 07.08.2017 · 14:36 · 1 min
Telekom Romania Pre-Paid Card User Numbers Dwindle in 2Q/2017
Technology &Telecoms

Telekom Romania Pre-Paid Card User Numbers Dwindle in 2Q/2017

Telekom Romania registered 4.7% growth in mobile services subscribers in the second quarter, to 2.047 million, while the number of pre-paid card users dropped 18.3%, to 3.23 million, the com...

Oana Gavrila · 03.08.2017 · 10:37 · 1 min
Bitdefender Reached Some 900 Employees In 2016
Technology &Telecoms

Bitdefender Reached Some 900 Employees In 2016

Security software solutions provider IT Bitdefender, controlled by entrepreneurs Florin and Mariuca Talpes, reached an average number of 868 employees in 2016, 160 more than in 2015, accordi...

Ecaterina Craciun · 31.07.2017 · 11:49 · 1 min
Competition Council Fines Siveco And Intrarom A Total EUR1.75M
Technology &Telecoms

Competition Council Fines Siveco And Intrarom A Total EUR1.75M

Romania’s Competition Council fined two IT companies a total RON8 million (nearly EUR1.75 million) for rigging a public acquisition procedure organized by the agriculture paying agency APIA...

Ecaterina Craciun · 27.07.2017 · 19:10 · 1 min
Technology &Telecoms

Orange Romania Posts 11% Growth in Turnover in 2Q

Telecom operator Orange Romania posted a turnover of EUR266.8 million in the second quarter of 2017, 11% higher than in the same period last year.

Oana Gavrila · 27.07.2017 · 14:21 · 1 min
eMAG Marketplace Platform Exceeds 4,000 Partner Stores
Retail&Consumer

eMAG Marketplace Platform Exceeds 4,000 Partner Stores

eMAG’s marketplace platform, which allows other companies to sell their products on the website of the largest local online retailer, has reached over 4,000 partner stores in the first half...

Oana Gavrila · 27.07.2017 · 11:18 · 1 min
Entersoft Romania 1H Turnover Up 25%
Technology &Telecoms

Entersoft Romania 1H Turnover Up 25%

Entersoft Romania, the local division of the Greek group specialized in providing business software solutions, registered a 25% higher turnover on the year in January-June 2017, to over EUR5...

Ecaterina Craciun · 25.07.2017 · 16:31 · 1 min
Vodafone Romania Revenues Up 2.9% in April-June, to EUR178.6M
Technology &Telecoms

Vodafone Romania Revenues Up 2.9% in April-June, to EUR178.6M

Vodafone Romania, the second largest player on the local mobile telephony market, on Friday said it had revenues of EUR178.6 million in April-June, up 2.9% compared with the same period last...

Oana Gavrila · 21.07.2017 · 11:09 · 1 min