Technology &Telecoms
Canon Romania Head: Compact Cameras Priced Up To EUR100 Account For 60% Of The Market
Cheap cameras priced at EUR100 at the highest, accounted for about 60% of the 250,000-300,000 cameras sold in Romania last year, said Petronius Secareanu, general manager of the local operat...
Romania Could Get EUR0.5B For Telecom Licenses
The biggest auction for mobile communications licenses ever organized by the Romanian government and scheduled for this year could generate EUR0.5 billion in revenue for the state budget fro...
Flanco: Electro&IT Retail To Reach EUR1.25B This Year
The electrical appliances market will reach EUR1.25 billion in 2012, up 12% to 15% on the year, and the upward trend will continue until 2014, when the market should reach EUR1.8 billion, sa...
TotalSoft 2011 Sales Rise 15.4% To EUR26M
Romanian software provider TotalSoft Wednesday said its sales rose 15.4% on the year to EUR25.9 million in 2011, fueled by increased demand for end-to-end ERP solution Charisma.
Siveco Romania Eyes 15% Higher Sales To EUR77M In 2012
IT software developer Siveco Romania estimates a 15% increase in its sales to EUR77 million in 2012, on higher exports, general manager Irina Socol said Wednesday.
De'Longhi To Acquire Nokia Facility In Romania
Household appliances producer De'Longhi will buy the Nokia factory in Cluj, Romania, having signed an agreement to this end with the Finnish communications company.
SIVECO Taps Middle East Through Dubai
SIVECO, the largest Romanian software developer, at the end of last year opened a representative office in Dubai and plans to tap 10 more international markets this year, Irina Socol, presid...
Freeing Up Radio Frequencies Used By Defense Ministry To Cost EUR234.4M
Freeing up the radio frequencies that will be auctioned off in Romania this year to broadband telecom service providers will cost EUR234.4 million, of which EUR30 million will be covered by...
POS Transactions Using Visa Cards Up 30% In Fiscal Year Ending September 2011
The number of Visa cards in circulation in Romania grew by 4.5% in the fiscal year ending in September 2011, to 6.85 million, while the value of POS transactions increased by around 30%, the...