Technology &Telecoms
Romanians Bought Mostly Household Electronic Appliances, IT Products On Black Friday - Survey
Household electronic appliances contributed over 44% of sales on Black Friday in Romania, and were followed by IT products (30%) and electronics (24.3%), according to a survey conducted by m...
GeCAD NET Sales To Reach EUR3.5-3.6M This Year, Up 15%
GeCAD NET, part of GeCAD group, will end the year with a turnover of EUR3.5-3.6 million, from EUR3.1 million in 2011, fueled by a 20% increase in SME client numbers and higher demand for clo...
Innovative Firms Registered Turnover, Capital Increases In 2008-2011 - Survey
Romanian innovative firms have registered turnover and capital increases since the beginning of the crisis, and their gross value added (GVA) climbed 24% between 2008 and 2011, according to...
Posta Romana Wants To Tap Insurance, Mobile Telephony Markets
Romanian state-owned postal company Posta Romana is considering providing banking, insurance brokerage or mobile telephony services to offset a further decrease in turnover expected for 2013...
SNR Invested EUR100M In Own National Networks, Still Needs EUR22M For Shift To DTT
Romania’s National Radiocommunications Company (SNR- Radiocom) has invested over EUR100 million to set up its own national networks, but it still needs EUR20-EUR22 million for upgrades allow...
Telecom Operators In Romania Paid First Tranche Of EUR204.1M For Licenses
Telecom operators Cosmote Romania, Orange Romania, Vodafone Romania and RCS&RDS paid the first tranche of EUR204.14 million for mobile telephony licenses in frequency bands 800, 900, 1,800 a...
Romania TV Cable Subscriptions Up 2.9% in 1H, To 5.92 Million
The number of TV cable subscribers in Romania reached 5.92 million at the end of June, up 2.9% from the end of 2011 and 5.2% compared to the first half of last year, telecom regulator ANCOM...
Enigma Systems Plans To Launch MVNO Next Year
Enigma Systems Mobile Virtual Network Operator S.R.L., a company established two years ago, expects to be able to launch its own mobile voice and data services next year, founder and owner M...
Ostahie: Altex Sales Will Rise Over 20% In 2012
Dan Ostahie, owner of electronics and household appliances retailer Altex, believes physical stores will remain the basic pillar of a business in the future, irrespective of how much online...