Technology &Telecoms
Tehnomarket Calls It Quits After Only Six Years In Romania
Tehnomarket stores developed by computer and electronics retailer Domo in Romania have either been turned into Domos or closed on a market where competition is charging from all sides and es...
Ovidiu Ghiman Will Be New Head Of Commercial Business Of Cosmote And Romtelecom
Ovidiu Ghiman the Romtelecom manager who helped the company become no. 2 on the commercial residential segment of internet and TV services, will be appointed chief commercial officer on the...
IT Solutions Integrator RBC To Branch Out, Go Abroad
Romanian Business Consult, the largest IT solutions integrator for retail and food companies, plans to expand to new business segments and go abroad, Andrei Bojita, the general manager of RB...
Samsung Romania: Smartphones Beat Feature Phones For First Time
Sales of smartphones have exceeded the sales of feature phones for the first time in Romania this month, Sorin Manea, head the telecom division of Samsung Electronics Romania, told ZF in an...
Online Retailer Cel.Ro Sees 30% Growth In H1
Cel.ro, one of the largest online computer and electronics retailers posted growth of 30% in revenue in the first half, even though overall sales of such products only increased by a little...
Orange Romania Has New CFO Starting September
Diego Martinez Lopez, former vice-president of Orange group, took over as Chief Financial Officer (CFO) of Orange Romania starting September 1, 2013, the telecom operator said in a statement...
3TS Capital Attracts EUR100M For Investments In TMT Sector, Including Romania's
Private equity firm 3TS Capital Partners has so far attracted EUR103 million for its fourth fund, which targets investments of EUR2-10 million per company in the media and IT&C sector, inclu...
Oracle Employs 2,550 People In Romania; Hiring Continues
U.S. software producer Oracle currently employs some 2,550 people in Romania, including contractors, and will continue hiring, Oracle Romania chief executive officer Sorin Mindrutescu, said...
Romtelecom Cut Manager Costs By 15% In 2012
Romanian telecom operator Romtelecom’s costs with managers fell 14.7% on the year to 23.6 million lei (EUR5.28 million) in 2012, as the company reduced the number of executive positions, acc...