Technology &Telecoms
What Romania Could Do With Its High-Speed Internet
Romania could use its internet speed--one of the highest in the world, surpassing Japan, Germany and USA even--and stimulate development of new generations of applications and services, says...
Romania's Online Electro-IT&C Market Seen Growing In Double-Digits In 2014
Cel.ro, Evomag.ro and Oktal.ro, three of the largest online vendors of electro-IT&C products, count on a double-digit market growth this year, amid people’s rising confidence in online shopp...
Siveco Founder Irina Socol Confirms Deal With Private Equity Funds
Siveco Romania management redeemed the full 32.5% stake from private equity firms Enterprise Investors and Intel Capital in order to self-evaluate the assets and the experience developed, Ir...
Veronica Brejan Promoted As Head of Talent At Vodafone Group
Veronica Brejan, an executive who has worked for three years with Vodafone Romania, in charge with the talent management unit in the past year, has been promoted to Vodafone’s London headqua...
eMag Sees Online Electro-IT Market Up 20% In 2014
Romania’s economy will most likely stagnate this year, but the online electro-IT market is poised for a significant growth, of more than 20%, according to Iulian Stanciu, general manager of...
Siveco Executives Buy Back Shares From Intel Capital And Enterprise Investors In $15M Deal
The management of software developer Siveco in November last year completed negotiations with private equity firms Intel Capital and Enterprise Investors to buy back 32.5% of its shares.
RCS & RDS Wants to Buy Footwear Maker
RCS&RDS, one of the largest players on the Romanian telecommunications market, intends to buy footwear maker UCR SA (UCRI.RO), based in Bucharest, according to an announcement published Mond...
Main Business Events In 2013
ZF has listed the main events of 2013 in Romanian business, which include the biggest-ever profit made by a company in Romania, the opening of the first bridge linking Romania to Bulgaria in...
Romanian Government Sets Radio Frequency License Fee At EUR116,000
Romania’s government on Monday set fees for the use of radio frequencies at EUR116,000 per license.