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Smart Bill Posts Sales Of Over EUR1M In 2016
Technology &Telecoms

Smart Bill Posts Sales Of Over EUR1M In 2016

Smart Bill, provider of billing and management accounting solutions, reported a turnover of over EUR1 million in 2016, one year after the investments from Catalyst Romania and Gecad Group.

Gabriela Stan · 23.03.2017 · 12:59 · 1 min
Retailer Elefant.Ro Aiming For More Than EUR100M Revenue By 2019
Retail&Consumer

Retailer Elefant.Ro Aiming For More Than EUR100M Revenue By 2019

Online retailer Elefant.ro could sell its operations once having reached EUR100 million revenue, a market it estimates to overshoot in 2019.

Loredana Frățilă-Cristescu · 22.03.2017 · 09:11 · 1 min
UPC Romania Plans To Continue Network Expansion At The Same Pace
Technology &Telecoms

UPC Romania Plans To Continue Network Expansion At The Same Pace

UPC Romania, the second leading cable TV operator and third leading fixed Internet provider in this country, plans to continue expanding its fixed network at the same pace of 250,000 to 300,...

Loredana Frățilă-Cristescu · 15.03.2017 · 00:00 · 1 min
How Telekom Fix (Former Romtelecom) Fared During The Terms Of Its Last Five CEOs
Technology &Telecoms

How Telekom Fix (Former Romtelecom) Fared During The Terms Of Its Last Five CEOs

The former Romtelecom witnessed its toughest restructuring move, when more than 20,000 people were laid off, as well as its highest growth on the TV and fixed Internet segments during the te...

Loredana Frățilă-Cristescu · 14.03.2017 · 10:32 · 3 min
RCS&RDS Close To Going Public
Capital Market

RCS&RDS Close To Going Public

RCS&RDS group is close to the listing on the Bucharest Stock Exchange, an operation that would put 20% to 30% of the cable TV, Internet and mobile telephony operator on the market.

Loredana Frățilă-Cristescu · 13.03.2017 · 09:48 · 2 min
Bittnet Systems Hikes Share Capital To RON1.45M
Technology &Telecoms

Bittnet Systems Hikes Share Capital To RON1.45M

IT training services provider Bittnet Systems (BNET.RO), listed on the alternative trading system (AeRO) of the Bucharest Stock Exchange, hiked its share capital by 1,000,974 shares with a f...

Gabriela Stan · 10.03.2017 · 15:57 · 1 min
IT Services Centers, Romania’s New Growth Driver
Technology &Telecoms

IT Services Centers, Romania’s New Growth Driver

Eight cities in Romania (Bucharest, Timisoara, Iasi, Cluj, Sibiu, Brasov, Galati and Craiova) have almost 110,000 employees working in more than 120 companies that provide business services,...

Loredana Frățilă-Cristescu · 09.03.2017 · 10:07 · 3 min
Technology &Telecoms

World Bank: Only 20% Of Unemployed Romanians Use Internet To Search For Job

Only 20% of unemployed people in Romania use the internet to search for a job and only 5% of individuals use the internet to download official documents from public websites, according to a...

Gabriela Stan · 07.03.2017 · 11:47 · 1 min
Malacopol, AKTA: We’re Launching Mobile Telephony Services In A Few Months
Technology &Telecoms

Malacopol, AKTA: We’re Launching Mobile Telephony Services In A Few Months

The largest independent actor on the local cable TV market, which operates under the AKTA brand via two companies – Digital Cable Systems (DCS) and AKTA Telecom, will invest EUR17 million th...

Loredana Frățilă-Cristescu · 07.03.2017 · 10:02 · 1 min