Technology &Telecoms
TV Set Sales In Romania Up To EUR415M In 2024
The TV set market in Romania grew to more than 1.4 million units or a total of more than EUR415 milion in 2024, as last year had two major sporting events – the Olympic Games in Paris and th...
MHP Consulting Romania Posts 64.6% Growth In Net Profit To RON17.1M In 2024
Cluj-Napoca-based IT service provider MHP Consulting Romania, part of the Porsche Group, posted more than RON285 million (EUR57.3 million) revenue in 2024, up 18.4% from the previous year’s...
Tema Energy: Bucharest Will Have a 200 MW Data Center, an over EUR1.4B Project just for Infrastructure
Construction of a large data center, of 200 MW, is set to begin in Romania. The center will to be located in western Bucharest, with the project set to attract estimated investments of EUR1....
2Performant Signs RON4.5M Deal To Buy Rival Profitshare.ro
2Performant Network (2P.RO), the largest actor on the affiliate marketing market in Romania, on Wednesday notified the Bucharest Stock Exchange of having signed the agreement to buy the Prof...
EXE Software Targets over EUR10M Turnover in 2025
Romanian company EXE Software, specialized in software solutions development, aims to go beyond EUR10 million threshold in terms of turnover in 2025, after a very good start to the year, mar...
Etiq AI Raises EUR900,000 In Seed Funding Led By GapMinder VC
Etiq AI, the female-founded AI-startup based in London, UK, has announced it has raised EUR900,000 in seed funding led by GapMinder VC, following previous grant funding of £1 million from In...
China’s Tineco Aims to Become Leader of Romania Smart Vertical Vacuum Cleaner Market in Next 3 Years
Tineco, the Chinese brand mainly known for its smart cleaning devices, wants to become the leader of Romania’s vertical wet vacuum cleaner segment in the next around three years and capture...
Motorola Mobility Romania Ends 2024 with EUR60M Revenues, Up around 20% YOY
Motorola Mobility Romania, part of Chinese group Lenovo, in 2024 registered EUR60 million sales in Romania, up around 20% from 2023.
GapMinder VC Wants to Invest around EUR10M in 5-6 New Companies in 2025
GapMinder VC, one of the largest venture capital funds focused on investments in tech startups of Romania and other Eastern Europe countries, aims to invest this year in five-six new compani...