Technology &Telecoms
Deutsche Telekom Leases First Building In Globalworth Campus Office Development
Greek businessman Ioannis Papalekas and Telekom Romania Telecommunications, part of Deutsche Telekom Group, signed a 10-year lease agreement for 25,000 square meters in the first office buil...
The EUR100 Million Day
The Black Friday sales campaign introduced in Romania by online retailer eMag three years ago and conducted on Friday will generate record sales of more than EUR100 million this year for the...
Canon: Local Digital Camera Market To Decline 20-25% This Year
The Romanian digital photo camera market will see a decline of 20-25% this year from 230,000 units sold in 2013, as compact camera sales have declined, said Petronius Secarean, head of Canon...
Some 4.7 Million Romanians Anxious To Go On Black Friday Shopping Spree
Around 4.75 million Romanians aged 18 to 65 are keen to buy products at this year’s Black Friday sales campaign, 1.3 million more than at last year's campaign, according to a study by Millwa...
Top Three Mobile Operators Lost EUR40M Revenue In Q3
The three largest mobile communications companies in Romania--Orange, Vodafone and Telekom Mobile--lost almost EUR40 million revenue in the third quarter compared with the year-earlier perio...
Catalyst Romania Buys 10% In Elefant.ro Owner
Investment fund Catalyst Romania, administered by 3TS Capital, has bought little over 10% of Universal Online Promotion, the company that owns online retailer www.elefant.ro, said Mihai Sfin...
Romania Durable Goods Sales Up 15.7% In 3Q, to EUR484M
Sales of durable goods increased 15.7% a year in the third quarter in Romania, to EUR484 million, and sales are expected to register growth in the last quarter as well, according to a GfK TE...
Flanco Expects 50% Higher Black Friday Sales, At RON110M
Romanian electronics retailer Flanco expects sales of 110 million lei (EUR24.8 million) during the Black Week sales campaign to take place between November 21 and 23, up 53% from sales of RO...
Online Retailer f64.ro Expects RON12M Black Friday Sales
Online store f64.ro expects sales of nearly RON12 million at this year’s Black Friday sales campaign to take place between November 21 and 23, up 30% from sales of RON9 million at its first...