Technology &Telecoms
TotalSoft: 45% Of Revenue Set To Come From Abroad In 2015
TotalSoft, one of Romania’s biggest software producers, controlled by Greek investment fund Global Finance, in 2014 saw its revenue rise by 10%, to EUR26 million, with EBITDA advancing by a...
Carnation Group Sees E-Commerce Surging On DIY, Pharmaceutical And Services Markets
The do-it-yourself stores, pharmacies and companies providing various types of services will enter the electronic commerce market this year, which is developing in full gear in Romania with...
Luxoft Expands Offices With Additional Floor In Novo Park
IT services company Luxoft has expanded its office space with an additional floor in the Novo Park office building in northern Bucharest, the building's developer said in a press release Mon...
Sales Of Online Retailer Cel.ro Up 33% To RON145M In 2014
Corsar Online, which manages cel.ro, one of the largest online computer and electronic stores in Romania, posted 145 million lei (EUR32.1 million) sales in 2014, an increase of 33% against 2...
Stefanini: Romania's Educational System Needs Adjustment For IT&C Sector To Grow
The IT&C sector has the potential to grow at an even higher rate in Romania, which will not happen unless the educational system adjusts to the requirements of the market, says Andreea Stane...
Netopia Founder Gets $2M Funding For Mobilender
Romanian IT&C entrepreneur Antonio Eram raised a $2 million in capital from a group of investors of Mexico and the US for Mobilender, a mobile application developed by his company, Netopia,...
Lenovo Romania Reaches 160 Employees After IMB Romania Server Division Takeover
The local subsidiary of Chinese PC maker Lenovo has completed the takeover of the x86 servers division and the transfer of teams from IBM Romania, raising Lenovo Romania's staff numbers to 1...
Epson Sees Up To 10% Growth For Printer Market In 2015
The local printer market will reach about 338 million lei ($89 million) in 2015, an increase of less than 10% on 2014, while the total number of units sold will only grow by 5%, according to...
Emag To Reach EUR1B Revenue In 2017
eMag, the leading online retailer in Romania, owned by South Africa’s Naspers and Romanian entrepreneur Iulian Stanciu, expects to reach one billion euro revenue in 2017, following internati...