Technology &Telecoms
Spam Levels In Romania Down 82% Last Year
The level of spam messages in Romania dropped 82% in 2011 and the level of spam worldwide originated from Romania stood at 2.56%, according to an annual security report by Cisco.
UK's Endava To Hire 250 Employees For Romanian Offices In First Half Of 2012
The Romanian branch of British IT services provider Endava has announced plans to recruit more than 250 people, most of them in Iasi, eastern Romania.
Epilogue To A Failed Transaction: eMag’s Takeover By Investment Fund BAF
After having signed an agreement for a potential deal with eMag in 2008, investment fund Balkan Accession Fund (BAF) found out in April 2009 it had all been for nothing, as it the retailer h...
First Romanian Microsatellite To Be Launched By ESA On February 9
GOLIAT, the first Romanian microsatellite put in orbit through a program of the Romanian Space Agency, will be launched by the European Space Agency on February 9, from a base in French Guya...
Online Payment Fraud Attempts Down 15% In 2011
Fraud attempts recorded by Romanian stores using online payment platform ePayment dropped 15% last year, preventing losses of around EUR520,000.
Iulian Stanciu And Sebastian Ghita Buy Another 30% Of eMag
Bogdan Vlad and Dan Teodosescu, two of the founders of eMag, the largest online retailer in Romania, sold all of their remaining shares, about 30%, to the majority shareholder, Asesoft Distr...
Bankers Install More And More POS Terminals To Grab A Slice Of EUR40M Market
Banks expanded their payment terminal (POS) networks deployed in stores last year, a market segment dominated by a small number of players, which generates EUR40 million a year in fee revenu...
Nokia’s Departure Causes Chain Reaction In Romanian Economy
Nokia's departure was one of the worst news of 2011, as Romania loses one of its largest exporters and a major temporary work provider. But the worst may be yet to come.
After Closing Down Cluj-Based Plant, Nokia Romania Slims Down Commercial Team
Finnish company Nokia, the world’s largest cell phone maker, which has recently closed down its research and development division and the phone manufacturing plant in Cluj, also made in 2011...