Technology &Telecoms
Radulescu, Sony: Sales Of TV Sets Up 6% In H1
Sales of TV sets stood at 350,000 units in the first half, about 6% more than in the year-ago period, and were worth 500 million lei (EUR113 million). Smart TV market share went up to 40% fr...
IT Solutions Provider Wizrom Targets EUR7M Turnover In 2015
Romanian Wizrom group, provider of integrated software solutions for business management, registered a turnover of nearly EUR3.3 million in the first half of 2015 and targets EUR6.9-7 millio...
Romanian Employers Start To Look At Greece To Fill IT Sector Vacancies
The serious shortage of skills in Romania’s IT sector is making employers look elsewhere for people to be able to meet demand from their customers, Daniela Miritescu, recruitment manager wit...
Star Taxi Handled Over 3.5 Million Rides In H1
Star Taxi, the mobile app enabling users to call a cab via their smartphones, recorded double as many orders in the first half compared with the year-ago period. The total number of rides ha...
Major Investment Fund May Buy 25% Stake Polisano
An investment fund with assets of over $900 billion (nearly EUR810 billion) may buy a minority 25% stake in Polisano drug wholesaler, part of the Sibiu group of the same name, according to c...
Danish Software Developer Netop Eye 40% Higher Revenue In 2015
Netop Tech Romania, the local unit of Danish software developer, eyes 40% higher revenue in 2015, to over EUR3,5 million, during its second year on providing software solutions on the market...
Bitdefender Sales To Companies Up 65% In January-May
Bitdefender, one of the world’s largest IT security solutions developers, whose majority shareholders are local entrepreneurs Florin and Mariuca Talpes, posted growth of 65% in the sales to...
Former CEO Of Siveco Romania Sentenced To Prison For Tax Evasion
Irina Socol, former CEO of Romanian software developer Siveco Romania, was sentenced Thursday to three and a half years in prison for tax evasion.
Ascend Netsolutions: Romania’s Mobile App Market Soaring
The smartphone and tablet application business has skyrocketed in Romania, as well, and is currently generating 75% of the revenue of local software developer Ascend Netsolutions, whose cust...