Technology &Telecoms
Mobile Retailer Arsis Expects 8% To 9% Growth In 2016
Arsis Trading, the largest GSM retailer held by a Romanian entrepreneur, expects to see 8% to 9% growth in revenue this year from the 138 million lei (EUR31 million) in 2014, as a result of...
Liviu Dragan: Totalsoft Needed A Strategic Investor
Totalsoft, one of the largest local software companies, will step up international expansion, following its acquisition by Turkey’s leading independent applications developer Logo Software.
Sales Of Mobile Phones And Accessories Rose Over 25% In 1H, Topping Laptop Sales
Sales of mobile phones and accessories in Romania rose over 25% in the first half of 2016, while computer sales saw a decline of over 12%, according to according to a GfK TEMAX survey.
QuickMobile Revenue Topped RON70M In 1H/2016
QuickMobile, retailer of telephones, computer tablets, gadgets and accessories, registered 75% higher sales in the first six months of 2016, compared with the year-earlier period, pushing it...
Logo Software Investment Buys Total Soft In EUR30M Deal
Romanian enterprise software solutions provider TotalSoft, one of the leading actors on the local IT market, will be acquired by Logo Software Investment, Turkey’s largest independent softwa...
Direct One Buys Bucharest Fiber Optic Network From UTI
Direct One, the operator of a more than 5,500-kilometer fiber optic network in Romania, has signed an agreement with the UTI group to buy Netcity, the company that developed the underground...
ABC Data Revenue In Romania Rose Over 79% In 1H/2016
Polish-held ABC Data, the largest IT&C distributor in the region, registered over 79% higher revenue in Romania in the first half of 2016, compared with the same period a year ago.
Naspers CEO: eMag Can Be Romania’s Unicorn
eMag, the largest online retailer in Romania, which posted 1.95 billion lei (EUR438 million) revenue last year, its operations in Bulgaria, Hungary and Poland included, may reach the ‘unicor...
Enea Develops New Technology For European Space Agency At Research Center In Iasi
Enea Romania is developing at its research center in north-eastern city of Iasi, for the European Space Agency (ESA), software applications for compressing space images to be rolled out on s...