Technology &Telecoms
Kaspersky Lab Aims To Become Number One In Romania In Four Years
Russian IT security solutions vendor Kaspersky Lab plans to become the leader of the Romanian market in the next three to four years, following diversification and expansion of its portfolio...
Smartwatch Producer Vector Watch Gets $5M Financing
Gecad group, owned by Radu Georgescu, announced a new investment, worth $2 million, in smart watch producer Vector Watch, alongside a $3 million investment from Catalyst Romania and several...
GfK: Romanian Durable Goods Market Up 9.5% To EUR534M In 3Q
Romania’s durable consumer goods market rose 9.5% to EUR534 million on the year in the third quarter of 2015, with an upward trend for telecom segment, according to a GfK survey.
Nikolai Beckers To End Term At The Helm Of Telekom Romania
German Deutsche Telekom and Greek OTE groups, the majority shareholders of Telekom group, the largest fixed and mobile communications provider in Romania, are discussing appointment of a new...
eMag Expects RON205M Black Friday Sales
Online retailer eMAG.ro expects to sell 650,000 products worth RON205 million, of a total one million available items, at this year’s Black Friday sales campaign on November 20, company gene...
Netin, Lenovo: PC Market Flat Instead Of Expected 7%-8% Growth
The Romanian computer market was flat in the first nine months instead of growing at a rate of 7% to 8% as estimated, following a decline in sales in the second and third quarter.
Flanco And Altex To Expand In Former Domo Stores
The closing of the 75 brick-and-mortar stores of computer and electronics retailer Domo gives a chance for expansion to its direct competitors Flanco and Altex, which will take over more tha...
Romanian Consumers Spend EUR200M A Year On Apparel And Shoes Online
Romanians spend about EUR200 million a year on buying apparel and footwear online or 5% of the total market, ZF has calculated based on market research company Euromonitor data. The percenta...
ANCOM Dashes Orange And Vodafone’s Hopes
Orange and Vodafone will have to build their own landline networks, make acquisitions or rent infrastructure from rivals to be able to provide fixed Internet services and launch convergent s...