Technology &Telecoms
Sales Of Online Store elefant.ro Up 80% In 2013, To EUR6.5M
Romanian online store elefant.ro had a turnover of EUR6.5 million last year, up 80% compared to 2012, administrator Universal Online Promotion said Wednesday.
World Bank’s IFC To Buy Stake In Romanian IT&C Integrator Teamnet
International Finance Corporation (IFC), the World Bank’s investment arm, will acquire a stake in Romanian information systems integration company Teamnet, according to an announcement poste...
Orange Romania Has New Chief Technology Officer
Stefan Slavnicu took over as Chief Technology Officer (CTO) within telecom operator Orange Romania, starting February.
Allview Expects Growth From Partnerships With Telecom Operators In 2014
Visual Fan, a company which sells tablets, smartphones and various other electronics under the Allview brand, expects the partnerships signed with the Romanian mobile telephony operators to...
Largest Cell Phone Wholesaler In Romania: Operators Sell 75% Of Phones
People in Romania bought a little more than four million cell phones last year, about 75% of which via mobile telephony operators, as shown by the data of Gersim Impex, the largest local cel...
Drugmakers May Give Up Investments In 2014 On Clawback Tax Hike
Drugmakers operating in Romania will have to cease investments in 2014 and give up unprofitable products due to the 30% increase of the clawback tax in the fourth quarter of 2013, Dragos Dam...
Vodafone Romania Service Revenues At EUR177.1M In October-December
Vodafone Romania reported revenues from services of EUR177.1 million in October-December, the third quarter of the 2013/2014 fiscal year, up 0.4% on the year on organic basis, the telecom op...
Agricultural Sector And International Projects Drive Total Soft Revenue Up To EUR27M
Total Soft, one of the leading local software developers controlled by Greek private equity firm Global Finance, posted EUR27.1 million consolidated revenue last year, up 2.3% on 2012.
Total Soft 2013 Turnover Up 2.3% to EUR27.1M
Romanian business software provider Total Soft registered consolidated turnover of EUR27.1 million in 2013, up 2.3% on the year, due to an increase in the number of users of ERP (enterprise...