Technology &Telecoms
ANCOM: Average Fixed Broadband Internet Download Speed In Romania Up 78% On Year In 2016
Romanians enjoyed national average download speeds of 26 Mbps for internet data and download speeds of 95 Mbps for fixed broadband internet data in 2016, which translates into an increase of...
Ravinder Takkar Ends Term as CEO of Vodafone Romania
Ravinder Takkar will be ending his three-year term as CEO of Vodafone Romania on July 15, 2017 and will be president of Vodafone Group Services, Regional Business Development, the company sa...
Record Deal On Mobile App Market As Daimler Buys Clever Taxi
Mihai Rotaru and Alexandru Dumitru, who created the Clever Taxi mobile app in 2011 enabling people in 20 cities in Romania to order more than 40 million taxi rides since 2012, have become eu...
Nokia Invests EUR73M In Expanding Its Campus In Timisoara
Nokia on Tuesday said it will be expanding its campus in Romanian western city of Timisoara with the biggest research and development (R&D) center in the Romanian telecom industry and the to...
Czech Online Retailer Notino Set To Open Brick And Mortar Store In Romania
Czech-owned online perfume and cosmetics retailer Notino, which owns aorobynotino.ro in Romania, plans to invest about EUR250,000 in the opening of brick and mortar store in one of the malls...
Fribourg Capital Launches Fribourg Digital Division That Will Fund IT Start-ups By EUR20M
Fribourg Capital, an investment firm operating in Eastern Europe, has launched the division Fribourg Digital that manages a new investment fund worth EUR20 million, which targets start-ups i...
IBM Opens New Services Center In Romania
American company IBM will be opening, in July 2017, its fourth business services center in Romania, in Cluj Napoca, after the centers opened in Bucharest, Brasov and Timisoara, within Libert...
Cegeka Romania Targets RON100M Turnover In 2017
Cegeka Romania, the local division of Belgian software solutions and IT infrastructure provider Cegeka, plans to boost its turnover by nearly 17% in 2017, aiming to reach the RON100 million...
Apple Store Operator iStyle Sees Sales Double To EUR34M
The sales of iStyle Retail SRL, the operator of the biggest Apple store chain in the region, doubled to 153 million lei (EUR34 million) last year, data available on the Finance Ministry webs...