Technology &Telecoms
IT Sector Saw Highest Growth Of All Romanian Economic Sectors In 2014
Romania’s companies posted total revenue up 2% in 2014, with the IT sector registering the highest growth pace of all economic sectors, between 13% and 19%.
Vodafone Romania Revenue Rose 5.7% In First Fiscal Quarter, To EUR166.8M
Service revenue of mobile operator Vodafone Romania rose 5.7% in the first quarter of the 2015-2016 financial year, ended June 30, on organic basis, to EUR166.8 million, the company said Fri...
Retailer eMAG Appoints New General Manager
Romania's largest online retailer eMAG has appointed Tudor Manea as its new general manager, replacing Violeta Luca, who was named strategy manager at Microsoft's local branch.
Deutsche Bank To Hire 200 People At Bucharest Tech Center
The technology center Deutsche Bank opened in Bucharest in January will hire 200 more people and will reach 500 employees in 2016.
RCS&RDS Only Telecom To Take Concrete Steps To Expand Into Energy Sector
Telecom operator RCS&RDS is the only company in its industry that has taken concrete steps to expand into the energy market so far, becoming an electricity supplier and producer, while its r...
Smartphones To Account For Almost 70% Of Sales By Yearend
Smartphones will reach 65% to 70% of total mobile phone sales by yearend, up from the current 60%, says Dan Stefanescu, chief executive officer and owner of Gersim Impex, the largest mobile...
Online Fashion Retail Beyond EUR100M In 2014
Online orders of apparel, footwear and other lifestyle products reached about EUR100 million in Romania last year. Overall electronic commerce market stood at about EUR1.1 billion and is exp...
Flanco Sales Rose 20% In 1H, To RON345M
Electronics retailer Flanco Retail had sales of RON345 million in the first half of the year, 20% higher than in the same period in 2014, the company announced Wednesday.
Posta Romana To Deliver Packages For eMAG
Romania's national postal operator Posta Romana announced Wednesday it has launched a collaboration with online retailer eMAG to deliver packages to the retailer's customers.