Technology &Telecoms
CEO Flanco: U.S. Dollar Appreciation To Trigger Higher Prices For IT Products End-April
Electronics and IT retailer Flanco expects an increase in shelf prices of IT products toward the end of April, due to the recent appreciation of the U.S. dollar.
Orange Opens Group's First Smart Shop In Cluj-Napoca, Romania
Telecom operator Orange opened the group's first smart shop Thursday, in Cluj-Napoca, Romania, a concept store focused on digital experience and additional customer services.
Flanco To Launch Private Label, Open Four Stores This Year
Electronics and IT retailer Flanco plans to launch its own private label this year, which could account for 10-15% of its turnover in the next three years, and will invest RON10 million in f...
DPD Romania Turnover Grew 14% In 2014, To RON75.5M
Parcel delivery service company DPD Romania, owned by French group GeoPost, had a turnover of RON75.5 million in 2014, up 4% on the year, driven mainly by a rise in online shopping.
Smartphone Market Seen Rising 30% This Year, From 2.5-2.7 Million Phones Sold In 2014
The local smartphone market is estimated to grow 30% this year, from 2.5-2.7 million phones sold in 2014, as customers continue to switch to smart terminals, Samsung Telecom Romania division...
Radu Georgescu, Gecad: Keep Your Eyes On Vector Watch
Serial entrepreneur Radu Georgescu says IT incubators are thriving while ten years ago he could not find any entrepreneurs. His ambition now is to get into the smartwatch business.
Real Estate Tycoon Puiu Popoviciu Sold His Stake in Orange Romania For Over EUR10M
French telecommunications group Orange last year bought another 0.92% in the subsidiary in Romania from a minority owner, a deal that took its stake from 96.82% to 97.74%, according to its 2...
Ebullience On IT Market: Three Deals In One Week
Paravion, Vola and Bittnet are involved in deals worth millions of euros, confirming the new generation of local entrepreneurs has become attractive to investment funds. “Everybody is trying...
Telekom Romania To Invest Over EUR160M This Year In Infrastructure Development
Telekom Romania will invest over EUR160 million this year to develop its communications infrastructure and to stimulate land line-mobile convergence, CEO Nikolai Beckers told a news conferen...