Technology &Telecoms
EUR50M Exit To KKR For Three Romanians Operating On Cable TV Market In Serbia
Mihai Sotropa, one of the few local entrepreneurs who entered the cable TV market in the early nineties and are still there, sold along with his two Romanian partners the IKOM cable company...
20 Major IT&C Companies In Romania Shed More Than 3,300 Jobs In 2016
A number of 20 of the largest local IT&C companies with more than EUR1.4 billion revenue shed more than 3,300 jobs last year, according to their reports with the Public Finance Ministry and...
Ten Fastest Growing Software Companies Of Romanian Entrepreneurs Posted Over RON1B Revenue In 2016
Retailer eMAG’s research and development center, Cluj-Napoca-based Softivision and Netopia – one of the pioneers of online payments by card, are the three largest local Romanian-held softwar...
Network One Distribution Buys Additional 8% Stake In Atelierele Pegas
Network One Distribution, the biggest player on the Romanian IT&C distribution market, controlled by entrepreneur Iulian Stanciu, increased its participation in Atelierele Pegas, the company...
Romanian Team Developed Software For World’s First Fully Automated Store
The Romanian education system turns out good engineers, who are among the best when it comes to algorithmics and can effortlessly develop IT platforms for some of the most competitive market...
Czech Republic’s ALEF Enters Local IT Distribution Market By Buying Likeit Solution
Czech IT systems distribution group ALEF, which operates in the central and SE Europe last month entered Romania by buying locally-owned Likeit Solution, one of the largest actors on this ma...
ACI Worldwide Opens New Office In Timisoara, Plans To Hire 50 People
ACI Worldwide, one of the world’s main providers of electronic payment solutions and bank services in real time, opened a new office on Tuesday, in western city of Timisoara, in the United B...
Six High-Tech Firms Including eMAG Apply For RON30M State Aid To Create 800 Jobs
Six high-tech companies, among which eMAG, the largest online retailer in Romania (via a new company established for the purpose) and IT outsourcing provider Ness in Iasi, have applied to th...
Murielle Lorilloux To Take Over As CEO Of Vodafone Romania As Of Sept 1, 2017
Murielle Lorilloux, CEO of Vodacom in the Democratic Republic of Congo (RDC), will take the helm of Vodafone Romania as of September 1, 2017, replacing Ravinder Takkar.