Technology &Telecoms
Biofarm Net Profit Rises To RON17.3M In January-September
Romanian drugmaker Biofarm (BIO.RO) Monday said its net profit rose 26.2% to 17.35 million lei (EUR3.9 million) in the first nine months, helped by higher sales.
Vodafone Romania Revenue Down 13.8% In April-September, To GBP311M
Revenue of mobile telecom group Vodafone in Romania fell 13.8% in the first half of the 2012-2013 fiscal year ended September 30, to GBP311 million (EUR388.75 million), from GBP361 million i...
Mark Pascarella, UberVu: Talent Level In Romania Is Higher Than In Silicon Valley
Romanian programmers and developers continue to fare above the US average in terms of talent and creativity, which keeps the Romanian market attractive for international companies looking to...
Cosmote Romania 9-Month Revenue Up 2.1% To EUR349M
Revenue of mobile operator Cosmote in Romania increased 2.1% in the first nine months of the year to EUR349.1 million, and its earnings before interest, tax, depreciation and amortization (E...
Romtelecom’s 9-Month EBITDA Up 42% To EUR125.5M
Romanian telecom operator Romtelecom’s earnings before interest, tax, depreciation and amortization (EBITDA) increased 42% in the first nine months of the year to EUR125.5 million, while rev...
Bitdefender: IT Sector Won’t See Any Jobless People
Romania is an excellent market for IT experts, both because it has resources and because it saw significant investments in the IT industry, said Valentin Jurcut, enterprise sales & services...
Telecom Operators: Regulatory Policies, Economic Development To Play Key Role In Market Evolution
The Romanian government’s regulatory policies and the economic and technological development will play a key role in the future of the local telecom industry over the next year, according to...
RCS&RDS Stands Up To Major Cell Phone Operators
Orange, Vodafone and Cosmote, the largest cell phone operators in Romania, are asking the government to preserve unjustified revenue when asking for as slow a reduction of interconnection ch...
Romania’s Telecom Market Up 75% To EUR3.5B Between 2003-2011
Romania’s telecom market rose 75% between 2003 and 2011 to EUR3.5 billion, nearly 2.6% of the country’s gross domestic product, according to data released Tuesday by telecom regulator ANCOM.