Technology &Telecoms
Romanian Simartis Telecom Targets 50% Higher Revenue In 2015
Romania’s Simartis Telecom, a solutions provider for telecom operators, plans to increase its revenue by over 50% this year amid stepped up sales abroad through its direct sales force, with...
RCS&RDS Ends Decade Of 13-Fold Revenue Growth
The departure of Alexandru Oprea, the chief executive officer of RCS&RDS, the largest Romanian-owned telecom, comes after a decade of 13-fold revenue growth for the operator, a feat few comp...
2Parale: Online Sales Of Plane Tickets And Cosmetics Rose The Most In 1Q
In the first three months of this year, Romanians bought more cosmetics and plane tickets online, with IT&C, fashion, home&deco products and books also among their favorite buys online, acco...
Samsung: TV Set Sales In Romania Rose By Over 10% In 1Q As Well
Sales of TV sets in Romania rose by 10-18% in the first quarter of this year, a pace almost similar with that posted last year, according to estimates by Victor Armaselu, head of the consume...
Frisbo: Romanian E-Commerce Will Go Beyond EUR2B This Year, Double The 2014 Level
Romania’s e-commerce market will reach EUR2 billion this year, double the 2014 level, and will continue to grow in the next ten years as online sales now account for just 2.5% in the overall...
LG: Romanian TV Set Market Neared 1 Million Units In 2014, Above Estimates
Romania’s TV set market reached 970,000 units last year, up almost 35% on 2013, with the increase mainly due to consumption growth, the Football Championship and discount campaigns organized...
Philips Lighting And Ericsson Could Soon Install Smart Lighting Poles In Romania’s Cities
Philips Lighting, the lighting systems division of the Dutch group Philips, and telecommunications equipment supplier Ericsson are in talks to install ‘smart poles’ in cities, i.e. street li...
Lenovo: PC And Smartphone Sales Up, Tablet Sales Flat In 2015
Sales of PCs and smartphones will increase by more than 10% in 2015, while the tablet market, where very cheap models account for 50%, will be flat at about one million units.
China-CEE Investment Cooperation Fund Looks Into Telecom And Energy Involvements In Romania
China-CEE Investment Cooperation, whose main shareholder is China's Exim Bank of China, sees investment opportunities in various sectors in Romania and is currently discussing projects in te...