Technology &Telecoms
UPC Romania Revenues Up 8% In First Nine Months, To $111.9M
Cable TV and telecom operator UPC Romania posted a growth of 8% in revenues in the first nine months of the year, to $111.9 million from $103.6 million in the same period last year, as the n...
Oresa Ventures Buys Stake In IT Solutions Integrator Romanian Business Consult Group
Swedish private equity firm Oresa Ventures has acquired a significant stake in IT solutions integrator Romanian Business Consult Group (RBC) from Austrian firm Export Consult.
Parcel Delivery Drives POS Market Up
The market of card acceptance terminals (POS) has been constant in terms of number of devices installed over the past year and is now finding new sources of growth from previously untapped s...
Romanians Spend On Average RON470 Shopping Online, 40% Estimate Will Spend More
Around 40% of Romanian consumers estimate an increase in online spending, where the average shopping value is at RON470, and electronics will continue to dominate sales, while clothing, comp...
Posta Romana To End 2014 With RON65M Profit After Six Years Of Loss
Romania's state-owned postal operator Posta Romana will end the year with a profit of RON65 million, after six years of losses, Minster for Information Society Razvan Cotovelea said Wednesda...
Posta Romana Insurance Brokerage Division Targets Market Leader Position In One Year
The Romanian state-owned postal operator's insurance brokerage division, Posta Romana Broker de Asigurare, plans to become the biggest player on the market in the next year and estimates its...
ZF Digital ’14: Fixed-Mobile Package Competition May Lead To Mergers And Acquisitions
The sale of integrated fixed-mobile service packages will be telecoms’ new battle over the coming years, which may lead to mergers, acquisitions or partnerships of major operators on the loc...
Wipro To Hire 150 More People In Romania By December 2015
India’s IT service, outsourcing and consultancy solutions provider Wipro plans to increase the number of employees in Romania by 25% to 750 employees by December 2015.
Class IT Outsourcing: Telecom Industry Is Changing And Heading Toward Customized Services
The telecom market is changing and heading toward customized services, Bogdan Tudor, Chief Executive Officer of Class IT Outsourcing, said Tuesday.