Technology &Telecoms
Siemens Opens EUR4.5M IT R&D Center In Cluj
Germany's Siemens opened a regional IT research and development center in Cluj-Napoca Tuesday, following an investment of EUR45 million.
Oracle Rents One Quarter Of Bucharest’s Sky Tower
US group Oracle, one of the biggest players on Romania’s IT market, rented 10,400 square meters in Sky Tower of northern Bucharest, a space where offices for around 1,000 employees can be fi...
Romanian State Shifts Stance At Telekom; Asks Company To Halt Sale Of Real Estate Assets
Romania’s Information Society Ministry asked Telekom Romania Communications (the former Romtelecom), in which it holds a 46% stake, to halt the sale of assets such as real estate ones, until...
U.S.-Held ADP To Hire More Than 400 People For Its Bucharest Center
US-held Automatic Data Processing (ADP), one of the largest global human resources management and outsourcing service companies, plans to hire more than 400 people in its center in Bucharest...
Altex Opens New Store In Bucharest Friday
Electronics retailer Altex is opening a store in Bucharest Friday, in the shopping gallery of Carrefour Colentina, following an investment of EUR0.5 million, the company said Thursday.
3Pillar Global Hires Over 100 IT Specialists In Cluj And Timisoara
3Pillar Global, a U.S. IT services company operating on the Romanian market since 2009, will hire over 100 IT specialists this year in its development centers in Cluj - Napoca and Timisoara,...
Orange Romania Revenues Down 2.7% In 2014, To EUR909M
Revenues of telecom operator Orange Romania declined 2.7% on the year in 2014, to EUR909 million, due to lower termination rates, while its customer base grew by 95,000, to 10.531 million, t...
Naspers Buys Owner Of Local Classifieds Website tocmai.ro
Norwegian group Schibsted Media Group will sell the company that owns Romanian classifieds website www.tocmai.ro to Naspers (South Africa), in a deal that also includes its Portuguese subsid...
UPC Romania Revenue Up 6% In 2014, To $173M
Cable TV and telecom operator UPC Romania posted a growth of 6% in revenues in 2014, to $173 million, on the backdrop of developing its Internet services and boosting its Internet user base.