Technology &Telecoms
Cosmote Romania Revenues Down 7.8% In 1Q, to EUR108.2M
Revenues of mobile operator Cosmote Romania dropped 7.8% in the first quarter of the year, to EUR108.2 million, following a drop in interconnection tariffs in 2012, and its pre-tax profit de...
Samsung Romania 2012 Net Profit Doubles To RON63M
Samsung Electronics Romania registered net profit of 63.2 million lei (EUR14.6 million) in 2012, double on the year, and will pay out dividends worth RON61.1 million to its associates.
UPC Romania 1Q Revenue Up 3.7% On Year, To $34.6M
Revenue of cable television operator UPC Romania increased by 3.7% on the year to $34.6 million in the first quarter of 2013, due to a growing number of subscriptions, which rose by 7% to 1....
Orange Romania Asks Audiovisual Watchdog’s OK For DTH Satellite Broadcasting
Mobile telecom operator Orange Romania has asked the approval of Romania’s audiovisual watchdog CNA for direct-to-home (DTH) satellite broadcasting, CNA representatives told MEDIAFAX.
Photo-Video Retailer F64 Studio Sales Rose 25% Over Past Weeks
Photo and video equipment retailer F64 Studio said Thursday it registered 25% higher sales over the past weeks.
Romsys Has EUR10M For Acquisitions
Romsys, one of the largest local IT&C solution integrators, is planning to buy two local IT companies specializing in niche solutions, which it does not already provide, chief executive Hora...
Cosmote Romania Launches Commercial 4G Services
Mobile operator Cosmote Romania on Monday said it launched commercial 4G telecom services which allow its customers to download pictures and other files at speeds of up to 75 Mbps.
Chief Operating Officer Of UPC Romania Leaves Company
Iulia Florea, chief operating officer of UPC Romania – one of the largest players on the Romanian communications market, will leave the company shortly, before her term expires, sources from...
Indian Group Tata Buys U.S. Cambric, With EUR5M Business In Romania
Tata Technologies, a division of Indian group Tata Motors, has bought U.S.-based engineering firm Cambric Corp., which has three development centers in Romania with turnovers of EUR5 million...