Technology &Telecoms
Romanian SMEs Invest 5% Of Turnover In IT Business Solutions, Funds Seen Up In Next 5 Years
Romanian SMEs currently invest up to 5% of their turnover in IT business solutions, but the funds will increase by over 35% in the next five years as entrepreneurs are more and more aware th...
Metro’s IT Unit Reaches 800 Employees In Romania
The IT division of Metro, one of the largest retailers in Europe, has discreetly reached about 800 employees in Romania and plans to continue expansion, as Bucharest has become a key center...
Romanian Integrity Agency Pays EUR6.9M For Software To Find Irregularities In Public Procurement
Romania's national integrity agency has awarded a RON30.41 million (EUR6.9 million) contract to a consortium consisting of Siveco, UTI Grup, SAP and Computer Sharing for software that wou
Romtelecom And Cosmote To Build Network Covering Underprivileged Areas For EUR83M
Romania's Ministry for Information Society has awarded a RON365.8 million (EUR83.1 million) contract to Romtelecom and Cosmote, leasing construction works for a telecom network to cover unde...
eMAG IT Research To Open Software Center In Bucharest, Hire 200 People
eMAG IT Research will open a software development center in Bucharest that will create around 200 jobs and will launch its first application in October this year.
Facebook Buys LiveRail, Cofounded By Two Romanians, For $400M To $500M
The world’s largest social network Facebook announced it bought video ad tech startup LiveRail, cofounded by Romanians Andrei Dunca and Sergiu Biris, in a transaction worth between $400 mill...
Transelectrica Awards RON91.8M Contract For Communications Systems Maintenance
Romania’s state-owned power grid operator Transelectrica (TEL.RO) has awarded a contract of 91.8 million lei (EUR20.9 million) to telecom operator Teletrans for maintenance works on its comm...
Vodafone Opens Shared Services Center In Romania; Plans To Hire 2,000 People In Next 3 Years
British telecom operator Vodafone has inaugurated a shared services center in Romania’s capital city Bucharest Wednesday, where it plans to hire 2,000 people over the next three years.
UTI Expects EUR130M Revenue This Year
The UTI group that operates in the field of security and defense systems, information technology and communications, installations and constructions and facility management, is aiming for EU...