Technology &Telecoms
Ericsson Revenue Up 11% To EUR162M In Romania In 2016
Swedish-held Ericsson, one of the leading world providers of equipment and services to telecom operators, posted growth of 10.6% in revenue in Romania to 728.5 million lei (EUR162.2 million)...
Huawei Sees Revenue Up 37.9% In Romania In 2016
The local subsidiary of Chinese-held Huawei, one of the leading smartphone and tablet suppliers and providers of equipment and services for telecom operators and companies in Romania, oversh...
Smartree: Private Sector Employees Got Higher Wages, Bonuses in 1Q
Employees in the private sector in Romania got 14% higher wages and 6% higher bonuses in the first quarter of 2017 compared with the same period last year, according to the Smartree Workforc...
Companies Of Top Six Telecom Groups Posted EUR3.4B Revenue In 2016
The companies held by Orange, Telekom, Vodafone, RCS&RDS, UPC and AKTA, the main six telecommunications groups with local operations, posted EUR3.4 billion revenue together (about EUR3.8 bil...
UPC Turnover Up 8% To EUR129M; Net Loss Up 20.4% To EUR62M In 2016
Cable TV and telecom operator UPC Romania, member of Liberty Global, on Wednesday said it registered a turnover of RON579.1 million (EUR128.9 million) in 2016, up 8% on the year, according t...
Vodafone Romania Net Profit Up 5% To EUR42M In 2016
Vodafone Romania, the second largest player on the local mobile telephony market, on Wednesday said it registered a net profit of RON189.3 million (EUR42.15 million) in 2016, up 4.8% on the...
ARMO: E-Commerce In Romania Expected To Top EUR2.5B In 2017 And To Double By 2020
Romania’s e-commerce is expected to exceed EUR2.5 billion in 2017 and has potential to double by value until 2020, according to estimates by the Association of Romanian Online Stores (ARMO).
Kingston Romania: Local Gaming Peripherals Market Expected To Top EUR11M In 2017
Romania’s gaming peripheral device market is expected to grow by 12-15%, to over EUR11 million, in 2017, according to Gabriel Gidea, country manager for Romania of Kingston, the world’s larg...
Totalsoft Revenue Up 4% To EUR22M In 2016
Totalsoft, held by Turkey’s largest independent software developer Logo Software, posted 4.4% increase in revenue to 99.02 million lei (EUR22.05 million) last year, according to the company’...