Technology &Telecoms
Orange Romania Net Profit Down 35% To RON262M In 2015
Orange Romania, leader on the local telecom market, reported a net profit of RON262.2 million in 2015, down 35% compared with the previous year, the company said in a statement on Monday.
PayU Registered Online Transactions Worth RON1.2B In 2015
PayU Romania, one of the largest online payment processors on the local market, registered online payments worth RON1.2 billion in the fiscal year ended in March2016, 44% more than in the pr...
Intel Closes Software Development Center In Bucharest
US-held Intel will close its software development center in Bucharest that it opened in 2010 and employed about 200 programmers, ZF has found.
BSA Study: 60% Of Software Programs Installed In Romania Are Unlicensed
Around 60% of software programs installed in Romania are unlicensed, down by two percent points compared with 2013, despite the tight connection between unlicensed software and cyber-attacks...
Florin Petrescu To Take Over As HR Manager At Vodafone Romania As Of June 6
Telecom operator Vodafone Romania has appointed Florin Petrescu as Human Resources Manager and member of the executive management team, effective June 6, 2016.
Vodafone Romania Announces Major Network Investments In 2016
Vodafone Romania, the second largest player on the local mobile telephony market, will have a “massive” budget for network investments in 2016, the company’s Chief Executive Officer Ravinder...
Cable TV Service Provider AKTA’s Revenue Up 13% In 2015
The largest independent cable TV service provider in Romania, which operates under the AKTA brand via two companies – Digital Cable Systems (DCS) and AKTA Telecom, posted 226.13 million lei...
Dan Ostahie: Altex Group Eyes Turnover Of Over EUR500M In 2016
Altex group targets a turnover of over EUR500 million in 2016, compared with EUR433 million in 2015, an evolution fueled by market organic growth, a greater number of stores and the disappea...
Ascendia Eyes Listing On BVB’s Alternative Trading System AeRO
Romanian eLearning company Ascendia and SAI Certinvest, the largest independent asset management company, have reached an agreement whereby Certinvest became minority shareholder of Ascendia...