Technology &Telecoms
Siemens And Ness Get State Aid To Create 420 Jobs
German industrial giant Siemens and Israeli IT service provider Ness Technologies will get almost EUR11 million state aid to create more than 400 jobs in research and development centers in...
Neogen CEO: I Believe In The Potential Of Niche Websites
Niche websites have growth potential on Romania’s online market as Romanians “need simplicity, and not thousands of categories” where to seek the products or services they are interested in,...
Konica Minolta: Sales Of All-In-One Laser Printers Reached EUR50M In 2013
The local market of all-in-one laser printers, which come with document printing, copying and scanning functions, reached almost EUR50 million in 2013, Helmut Ignat, general manager of Konic...
Visual Fan Brasov 2013 Sales Up Fourfold To EUR30M
Visual Fan Brasov, producer of PC tablets and mobile phones under Allview brand, reported fourfold higher sales in 2013, to nearly EUR30 million, and estimates a double-digit growth this yea...
GfK: Romanian Durable Goods Market Up 8% To EUR386M In 1Q/2014
Romania’s durable consumer goods market rose nearly 8% to EUR386 million on the year in the first three months of 2014, the best quarter in the last four years, with the telecom and photo se...
Ericsson Extends Office Space Occupied In West Gate Business Park
Ericsson Romania, the local unit of Swedish telecom equipment producer, will extends by 4,000 square meters the office space occupied in West Gate business park , owned by Genesis Developmen...
Oracle Mulls Expanding Business Outside Bucharest
US IT company Oracle plans to expand its business outside Bucharest, as it will continue investments in Romania, that will require more office spaces, the company’s president Safra Catz told...
Urgent Curier Revenue Rose 26%, Fueled By Online Sales
Romanian courier services provider Urgent Curier, controlled by Corina and Sebastian Balasescu, ended 2013 with 28% higher revenue in lei against 2012, fueled by the growth of online sales.
Vodafone Romania Revenues Flat at EUR704M In 2013/2014 Fiscal Year
Telecom operator Vodafone Romania posted service revenues of EUR703.7 million in the 2013/2014 fiscal year, down 0.9% on the year on organic basis, mostly due to the lowering of termination...