Technology &Telecoms
Belgium's bpost Submits Sole Bid In Posta Romana Privatization
Belgian postal services operator bpost was the sole bidder for a 51% stake Romania is seeking to sell in its postal operator Posta Romana, the Romanian company said Tuesday.
RCS&RDS Gets Mobile Telephony License In Hungary
The RCS&RDS group, founded by Romanian entrepreneur Zoltan Teszari, will become the fourth mobile telephony provider in Hungary after winning a 20-year license at government-held auction and...
Radu Enache Leaves HP Romania After 14 Years
Radu Enache ended his more than 14-year term at the helm of the local subsidiary of Hewlett-Packard (HP) in July, which makes him one of the longest-serving chief executive officers in the l...
Major Stakeholder In Romanian RCS&RDS Asks EUR60M For 3.6% Stake
Sfetozar Bugarszki, one of the most important individual shareholders of Romania’s cable TV company RCS&RDS, put up for sale, through an announcement published in ZF, a 6% stake in RCS Manag...
Posta Romana Needs EUR100M Investments To Provide Services Similar To European Operators
Romanian state-run postal company Posta Romana needs EUR100 million investments to provide services similar to those of a European operator, funds that will be invested by the future strateg...
ANCOM To Auction Off 61 Digital TV Licenses By End-2014
Romania's telecom regulator ANCOM will award by auction, by the end of 2014, two national digital television licenses, 40 regional and 19 local digital TV licenses, at prices ranging between...
Romania Plans To Get Its Own Communications Satellite In Upcoming Years
Romania plans to buy a communication satellite in upcoming years to ensure communication and transmission services both for state institutions and the private sector, for a fee, Romanian Min...
TotalSoft Set To Turn More To International Markets
TotalSoft, one of Romania’s biggest software producers, controlled by Greek investment fund Global Finance, is set to increase revenue by at least 15% this year and around one third of reven...
Ericsson Romania To Reach 3,000 Employees By Yearend, Hire 300 People In 2015
Ericsson Romania will have approximately 3,000 employees by the end of the year, compared with 2,800 at present and 8 employees when it was established, back in 1994, and will hire another 3...