Technology &Telecoms
Altex Expects Sales To Go Beyond EUR500M In 2016
Altex, the largest local computer and electronics retailer, expects to see more than half a billion euro sales this year, following a rise in consumer spending and rival Domo leaving the mar...
Samsung Romania Sales Up 19% In 2015
The local subsidiary of South Korea’s Samsung, which accounted for almost half the smartphone and TV set sales in Romania last year, posted growth of 19% in revenue to 3.3 billion (EUR734 mi...
ANCOM: Over Half Of Fixed Broadband Internet Connections In Romania Ensure Speeds Of Over 100Mbps
The total number of fixed broadband internet connections in Romania rose 6.1% in 2015, to 4.3 million, and 52% of them are connections ensuring speeds of at least 100Mbps, the local telecom...
2015, IT&C Integrator ETA2U’s Best Year Ever
Timisoara-based ETA2U, the largest IT&C solutions integrator outside Bucharest, posted growth of almost 40% in revenue to 153 million lei (EUR34 million) last year, while profit was up 80% t...
Visa Europe: In Romania, One In Ten Card Payments Processed By Visa Is Contactless
Central and Eastern Europe (CEE) has seen significant growth of contactless payments over the last two years and currently, in Romania, one in ten card payments processed by Visa is contactl...
GfK: Romania Ranks 50th Among World’s 78 Most “Connected” Populations
Romania climbed three spots from 2015 to 50th place this year in GfK’s Connected Consumer Index which provides a single measure covering how much and on what devices, consumers in each of 78...
Competition Council Looks Into Possible Abuse Of Dominant Position By Netcity Telecom
Romania's Competition Council has opened an investigation into a possible abuse of dominant position by Netcity Telecom, the operator of the Bucharest fiber optic network.
UPC Romania Revenues Up 9.7% To RON168.6M In 1Q
Cable TV and telecom operator UPC Romania, member of Liberty Global, reported revenues worth RON168.6 million in January-March, up 9.7% on the year, due to the increase of the customers and...
Vodafone Romania Takes First Steps Towards TV Service Market
Vodafone, the second leading mobile telephony provider in Romania and the only major communications company that does not offer TV services, has taken the first steps towards entry on the ra...