Technology &Telecoms
eMag Sees 45% 9-Month Growth
Dante International, the operator of the largest local online retailer eMag, will end the year with almost 2.5 billion lei (EUR555 million) sales, an increase of more than 45% in 2015, as a...
TypingDNA Secures Seed Funding From Gecad Ventures, Angel Investors
Romanian company TypingDNA, a behavioral biometrics cyber security startup based on artificial intelligence, has closed a seed round from investment fund Gecad Ventures and a group of local...
UPC: We’ll Expand Network To Another 500,000 Households By 2018
UPC, the second leading cable TV provider in Romania, will continue its steady network investment pace in order to reach more than 3.2 million households b 2018, from 2.7 million in mid this...
Parent Company Of Telecom Operator RCS&RDS Completes Double Transaction For Loan Refinancing
Cable Communications Systems NV, the parent company of telecom operator RCS&RDS, completed on Wednesday a double transaction for the refinancing of loans, according to law firm PeliFilip, wh...
Electronics Distributor Vitacom Eyes EUR9.2M Turnover In 2016
Romanian electronics importer and distributor Vitacom Electronics, based in Cluj-Napoca and controlled by Vasile Andrei Vita, reported a turnover of EUR6.7 million in January-September 2016,...
Jonathan Becher, SAP: Romania, One Of The Markets With Highest Growth Rate
The Romanian division of German business software solutions provider SAP, one of the world’s largest business software solutions providers, is one of most dynamic subsidiaries regarding the...
RCS&RDS Bonds Oversubscribed In London
The London market met the leu and euro bond issue of RCS&RDS, which ended October 12, with a lot of interest.
Antitrust Authority Looks into Netcity Telecom Takeover
Romania's Competition Council is looking into the takeover of Netcity Telecom SA, the operator of the underground fiber optic network of Bucharest, by Direct One group via its firm Direct On...
Microsoft Advises Businesspeople In Romania To Put IT At The Center Of Their Businesses
Microsoft specialists recommend businesspeople in Romania to change their mentality, by putting the IT at the center of their businesses in order to be able to cope with the competition brou...