Technology &Telecoms
Lenovo: PC Sales Up In Q1, Market Veered Towards Cheap Models
Sales of computers rose by up to 10% in the first quarter of 2014, on the back of greater demand from consumers and small and medium-sized businesses.
Printec Sees High Potential For POS Penetration In Romania
The growth potential of electronic payments in Romania is high, considering the penetration of points of sale (POS) in the country is among the lowest in the region, merely 5.7% per 1,000 po...
Altex, Above-Market Growth So Far In 2014
Altex, Romania’s strongest retailer of electrical home appliances, electronics and IT equipment, in the first months of this year saw sales rise by 18%, Dan Ostahie, owner of the group and o...
Deutsche Telekom Introduces Its Own Brands In Romania
Cosmote, the third leading mobile phone operator in Romania and Romtelecom, the landline telephony market leader and number two on the fixed Internet and TV market, will operate under the T-...
Evomag Aims At EUR50M In Revenue In Three Years
Evomag, a major e-commerce player in Romania, with a 9-year presence on the market, wants to reach revenue of EUR50 million in three years, Mihai Patrascu, the company’s owner and general ma...
Unify Names Liliana Solomon Chief Financial Officer
Unify, formerly Siemens Enterprise Communications, appointed Liliana Solomon as the company's global Chief Financial Officer, effective May 1, the company said in a statement Wednesday.
Flanco Opens Its Second Store In Cluj-Napoca, Following RON1.5M Investment
Romanian electronics retailer Flanco Retail will open its second store in Cluj-Napoca (northwestern Romania) Friday, following an investment of RON1.5 million.
Microsoft, Linde Gaz, ZTE- Tenants Of 1st Office Building Of Optica Business Park In Timisoara
Microsoft, Linde Gaz and ZTE are among the tenants of the first office building of Optica Business Park compound developed in the western city of Timisoara by the Cristescu brothers, owners...
Orange Romania Revenues Up 4.9% In 1Q, To EUR230M
Revenues of mobile operator Orange Romania increased 4.9% on the year in the first quarter, to EUR230 million, mainly due to larger numbers of mobile internet users.