Technology &Telecoms
Facebook Game Developer King Expands Bucharest Team
Swedish mobile and Facebook game developer King is hiring to complement the 30-strong team in Bucharest already developing and testing world’s most popular Facebook game, Candy Crush Saga.
Elektrobit Opens R&D Center In Brasov
Finnish software company Elektrobit has opened its first research and development center in Romania following a EUR0.8 million investment.
Aegis Media Buys Digital Agency Kinecto From Two Romanian Entrepreneurs For EUR5M
Aegis Media, one of the leading global media and digital communication players, has bought digital agency Kinecto, part of Romania’s Tempo Creative Group, from its shareholders, Radu Ionescu...
Posta Romana May Sack 4,000 Of Its 32,000 Employees In 2013
Romania's state-owned postal service operator Posta Romana is likely to lay off 4,000 of a total 32,000 employees this year, following a slump in activity, union leader Matei Bratianu said T...
Prysmian Slatina Opens First Fiber Optic Cable Production Unit
Prysmian Slatina has opened Tuesday the first unit for the production of fiber optic cables, following an investment evaluated at EUR10-EUR15 million.
Orange Heats Up Competition On TV Service Market
Orange Romania, a telecom company with almost EUR1 billion in revenue and net profit of about EUR200 million, will probably start offering its over four million post-paid users the possibili...
Minister: Oracle Invests About EUR100M In Romania
U.S. software company Oracle is investing about EUR100 million in Romania to expand its local call-center operations, Romanian Minister-delegate for Infrastructure Projects Dan Sova said in...
Vodafone Romania Extends Bucharest 4G Network To Cover 27% Of Population
Mobile operator Vodafone Romania extended its Bucharest Long Term Evolution (LTE) network to cover 27% of the population (over 500,000 people), Inaki Berroeta, the chief executive officer of...
Romtelecom 1Q Revenues Down 9.2% On Year, To EUR145.5M
Romanian telecom operator Romtelecom reported a 9.2% decline in revenues on the year to EUR145.5 million in the first quarter of 2013, while its EBITDA (earnings before interest, tax, deprec...