Technology &Telecoms
EXCLUSIVE: RCS&RDS Pledges EUR1.15B Collateral On EUR750M Loans
Romanian telecom operator RCS&RDS has pledged EUR1.15 billion worth of collateral for loans of EUR750 million it has contracted recently.
Cosmote Posts Revenues Of EUR116M And Pre-Tax Profit Of EUR33M In 3Q
Mobile operator Cosmote Romania had revenues of EUR116 million in the third quarter of 2013, slightly down from the same period last year, and it’s EBITDA declined 3.5%, to EUR33 million, du...
Romtelecom 3Q Revenues Fall Slightly To EUR152.6M
The revenues of Romanian telecom operator Romtelecom fell 0.6% on the year to EUR152.6 million in the third quarter of 2013, Greek group OTE, owner of Romtelecom, Cosmote and Germanos, said...
OTE And Romanian Government Don’t See Eye On Romtelecom Profit Use
Greek OTE group and the representatives of Romania’s Ministry of Communications and Information Society at the end of August discussed about the use of the EU70 million net profit Romtelecom...
ANAF Wants To Buy Postal Services Of Up To RON140.4M
Romania’s tax authority ANAF will organize an auction on December 18 to buy postal services and the value of the contract is estimated at between 19.6 million lei and RON140.4 million (EUR4....
UPC Romania Revenues Up 7% On Year To $103.6M In January-September
U.S. group Liberty Global, which owns cable television operator UPC, registered revenues of over $103.6 million in Romania in the first nine months of 2013, up about 7% from $97.1 million in...
Firms Interested In Advising On Romtelecom Sale Have Until November 21 To File Bids
Companies interested in advising Romania’s Communications Ministry on the sale of its minority stake in telecom operator Romtelecom have until November 21 to submit offers.
Japan’s NTT Data Buys Software Provider EBS Romania
Japanese group NTT Data Corporation entirely bought IT services provider EBS Romania, which registered turnover of EUR13 million in the first nine months of the year.
evomag.ro Expects 30% Higher Sales In 2013
Evolution Prest Systems, owner of online retailer evomag.ro, expects sales of EUR15 million in 2013, up 30% on the year, fueled by a 35% increase in customer numbers and a wider product port...