Technology &Telecoms
IT Distributors 2013 Revenue Down, Profitability Hits 10-Year High - Report
The average revenue of IT and software distribution companies was 22% lower in 2013 compared with 2008, before the beginning of the financial crisis, but the profitability reached 2.4%, the...
Constitutional Court Rejects Bill Requiring ID For Prepaid Mobile Phone Services
Romania's Constitutional Court on Tuesday overruled a bill that required telecom operators to store identification data of users of prepaid mobile phone services.
Romanian Software Producer Arobs Considers Stock Market Listing To Fund Acquisitions
Software solution provider Arobs Transilvania is considering an IPO on the Bucharest Stock Exchnage in a bid to fund the purchase of local and regional players.
Romtelecom And Cosmote Become Telekom Romania. The Bet Is On Integrated Services
Telekom Romania, the group that emerged following the rebranding of mobile and fixed telephony operators Cosmote and Romtelecom, does not plan to engage in “price wars”, but will attempt to...
Romtelecom And Cosmote Adopt Telekom Brand As Of Saturday
Romtelecom and Cosmote Romania will change their names to Telekom Romania Communications and Telekom Romania Mobile Communications as of Saturday, as the telecom operator adopts Deutsche Tel...
eMAG Launches Home&Deco Category, Targets RON30M In Sales In First Year
Romanian online retailer eMAG.ro has started selling furniture and home decorations with the launch of its Home&Deco category, which it expects will reach sales of RON30 million in the first...
Georgescu, GeCAD: 10 To 20 IT&C Firms May Be Eligible To List On Bucharest Stock Exchange
Some ten to 20 companies operating in the Romanian IT&C sector could be eligible to list on the Bucharest Stock Exchange, on the alternative trading system which will be changed and re-launc...
Huawei Romania Targets EUR130M In Turnover This Year
Huawei Technologies Romania targets EUR130 million in turnover this year, slightly higher than in 2013, when it stood at EUR127 million, more than half of which to be covered by from compute...
Siveco CEO Irina Socol Detained In Tax Evasion Case
Irina Socol, CEO and shareholder of Romanian software developer Siveco Romania, was detained by prosecutors Tuesday in a tax evasion case.