Technology &Telecoms
ANIS: Encouraging Creation Of Full-Range Software Firms Will Create New Jobs In IT
Romania doesn’t put out enough programmers to attract new investors in the IT industry, so one should support businesses that create software products and that can also generate jobs in othe...
Siveco In Twenty Years: From $3,000 To $100 Million
The development of Siveco from a startup that used to test software developed in India for a French company into a business with operations in 19 countries and revenue estimated at EUR78 mil...
ICCO, Lockheed Martin Invest $15M In Renewable Energy Production At Ghimbav
The ICCO group and US company Lockheed Martin on Thursday launched Romania's first private Smart Grid project, in the ICCO Ghimbav Industrial Park in Brasov county, with an investment of $15...
China's Huawei Invested EUR6M In Support Center In Romania
Chinese IT&C equipment producer Huawei invested EUR6 million in a global support center in Bucharest, and the investment will reach EUR200 million by 2015, Vlad Doicaru, deputy general manag...
IT&C Ministry Wants To Develop Web Application For VAT Refund
Romania’s Communications Ministry wants to launch a web application through which firms will be able to submit value added tax refund requests, IT&C Minister Dan Nica said Tuesday.
Orange Keeps Profit Margin Above 20%
Orange, the largest company on the Romanian communications market, preserved its net profit margin at more than 20% of its revenue last year, which is close to the level in 2010, according t...
Mihai Tudor Leaves IBM, Plans To Join Another Multinational Or Enter Entrepreneurship
Romanian Mihai Tudor, who run the operations of IT giant IBM for South-Eastern Europe, left the company at the end of May and plans to return to business after a short hiatus. His comeback c...
ANCOM Fines Total Post RON50,000 For Breaching Posta Romana's Monopoly
Romania's telecom market regulator ANCOM has fined Total Post Services 50,000 lei (EUR11,198) for providing postal services on which state-owned postal company Posta Romana holds a monopoly...
Samsung 2011 Profit In Romania Four Times Higher On Year At RON31.9M
Samsung Electronics Romania registered a net profit of 31.9 million lei (EUR7.1 million) in 2011, four times higher on the year, and will pay out dividends amounting to RON10.48 million.