Technology &Telecoms
Axxess Capital’s EEAF Buys Romanian Star Storage
Private equity fund Emerging Europe Accession Fund (EEAF) announced Tuesday that it acquired a majority stake in Romanian information technology services company Star Storage.
Vodafone Romania Set To Consolidate Operations In Bucharest One Space
Mobile telephony operator Vodafone Romania will consolidate its Bucharest operations in an office tower developed by Greek businessman Ioannis Papalekas on Barbu Vacarescu street in the nort...
Domo: Football Championship To Drive TV Set Sales Up 10%
Romanian consumers bought 720,000 TV sets last year, 3% more than in 2012 and 11% more than in 2011, which means the market rebounded after several years of decline, computer and electronics...
GfK: Sales of Durable Goods Hit 5-Year High In Q4 2013 In Romania
Durable goods sales rose 11% in Romania in the fourth quarter of 2013 to EUR626 million, mainly lifted by Black Friday campaigns, being the best quarter for consumer goods sales in the last...
Star Taxi App Handled 2.5 Million Taxi Rides In 2013
Star Taxi, one of the most used smartphone and tablet applications launched by a domestic company, through which users can call a taxi in several cities of Romania and in the capital city of...
UPC Romania Revenue Up 8% To $140 Million In 2013
Cable television operator UPC Romania reported over $140 million revenue in 2013, up 8% from $130 million a year earlier, due to the increase of the clients’ portfolio, according to Severina...
Canon: DSLR Market Up 10% In Romania In 2013, Will Keep Growing
The market of digital single lens reflex (DSLR) cameras saw an about 10% growth last year compared with 2012, while sales of compact cameras fell by 20% due to increased competition from sma...
Enea Software: Romania Can Become R&D Center For IT&C Industry
Swedish-held software producer Enea manufactures technology for Boeing aircraft, US fighter aircrafts, European satellites and Apache helicopters in Romania, company vice-president Bogdan Pu...
NOD Mulls Doubling Tablet Sales To 200,000 Units In 2014
Romanian IT distributor Network One Distribution (NOD) estimates it will sell 200,000 Serioux tablets this year, compared with 110,000 units a year earlier, and will stay on the top position...