Technology &Telecoms
Vodafone Nears Decision On Fixed Network For Retail Customers
Vodafone, the second leading mobile telephony provider in Romania, has a clear picture of how its fixed network should look like in terms of technology in order to launch full service packag...
iQuest Turnover Grew 7% In 2014, To EUR27M
Software solutions provider iQuest had a turnover of nearly EUR27 million in 2014, up 7% on the year, mostly in Romania, where the company plans to hire 60-80 more people by the end of the y...
A National Program To Train Skills Would Turn IT&C Into Romania’s Economy Locomotive
The record contribution of the IT and communications industry to the value added in the gross domestic product shows the high-tech sector has the potential for an even greater contribution i...
Polish Investment Fund Carpathia Buys 10% In Bittnet Systems
Polish investment fund Carpathia Capital bought a 10% stake in IT training service provider IT Bittnet Systems, for EUR150,000, being its first transaction on the Romanian market.
Investment Fund Catalyst Romania Buys Minority Stake In Green Horse Games
Investment fund Catalyst Romania, administered by 3TS Capital, bought a minority stake in social gaming company Green Horse Games, founded by George Lemnaru and Alex Stroe, through an invest...
Allview Expects 50% Increase In Number Of Devices Sold In 2015
Brasov-based Visual Fan, which sells phones, tablets and other gadgets under the Allview brand, expects a 50% increase in the number of devices sold to 1.5 million units this year, partly be...
SoftOne Romania And Its Partners Report Sales Of EUR1.5M In 2014, Due To Doubling Client Base
Business software solution provider SoftOne Romania and its partners registered sales of EUR1.5 million in 2014, the first operating year on the local market, due to doubling the number of c...
Axel Soft IT Group: Antivirus Solutions Market Seen At EUR13M In 2015
The local antivirus solutions market is expected to reach EUR13 million this year, which translates into a 15% increase at most against 2014, said Alexandru Sipciu, founder and general manag...
Beckers, Telekom: We Want Fixed-Mobile Packages To Generate 30% Of 2015 Retail Sales
Telekom Romania, the largest fixed and mobile communications group on the local market, set as its goal to have the integrated service packages launched in September last year account for on...