Technology &Telecoms
RCS&RDS Sees Revenues Of Almost EUR200M From Operations Abroad
Romania’s RCS&RDS, one of the largest companies in the TV and communications services industry in the region, posted revenues of EUR629 million in the year ended June 2013, which means reven...
Siveco’s Management To Buy Back Shares From Enterprise Investors And Intel Capital
The manager of software developer Siveco is in final negotiations to buy back the 32.5% stake held by investment funds Enterprise Investors and Intel Capital, say market sources.
Romania’s Contactless Card Market Seen Double In 2014, At 400,000 Units
The Romanian market of contactless smart cards is expected to double in 2014 at nearly 400,000 units, issued by Visa and MasterCard, and 10,000 contactless POS (point-of-sale) terminals, acc...
RCS&RDS Borrows EUR450M From International Markets
RCS&RDS, one of the largest telecom operators in Romania, has sold EUR450 million worth of secured bonds on the international markets at a 7.5% yield, the lower end of the indicative yield r...
Romanian IT Specialists Develop Software For Dutch Government
A team of Romanian programmers in Iasi (NE Romania) is developing software to be used by the Dutch Government to collect taxes, says Karim Henkens, the global CEO of Dutch company Centric IT...
Vola.ro Ranks 1st In Deloitte's 2013 Central Europe Technology Fast 50 For Third Straight Year
Romanian Internet airline ticket retailer Vola.ro has placed first in Deloitte's 2013 Technology Fast 50 ranking in Central Europe for the third consecutive year, after its revenues rose mor...
Romanians Will Use Increasingly More Online Video Content On Various Smart Devices
The use of online video content will continue to increase in the future, due to the rising Internet speed and the increasing number of interconnected mobile devices.
S&P Assigns 'B+' Rating To Romanian RCS & RDS; Outlook Stable
Standard & Poor's Ratings Services on Wednesday assigned its 'B+' long-term corporate credit rating to Romanian telecommunications and pay-TV provider RCS & RDS, with stable outlook, citing...
Telecom Operators Say Digital TV Licenses’ Impact On The Market Will Be Insignificant
The planned auction to award digital terrestrial television licenses will have an insignificant impact on the local television broadcasting market, as over 90% of households have access to o...