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Flanco Opens 5 Stores In December, In RON14M Invest
Retail&Consumer

Flanco Opens 5 Stores In December, In RON14M Invest

Romanian electronics retailer Flanco on Thursday said it has opened five stores in December, following an investment of 14 million lei (EUR3.25 million).

Andrei Cîrchelan · 22.12.2011 · 14:11 · 1 min
Telecom Regulator Puts Off Decision On Extending GSM Licenses For Orange, Vodafone
Technology &Telecoms

Telecom Regulator Puts Off Decision On Extending GSM Licenses For Orange, Vodafone

Romania’s telecom regulator ANCOM postponed until next week a decision on extending mobile telephony licenses, at the request of local operators.

Ioana Tudor · 22.12.2011 · 13:47 · 1 min
Technology &Telecoms

Arobs Transilvania Software Opened Its First Three Offices Abroad This Year

Arobs Transilvania Software, a company specializing in development of software solutions, recruited 115 people this year, so that it now has 285 employees. The company says it will continue...

Laurențiu Cotu · 22.12.2011 · 00:00 · 1 min
Orange And Vodafone Have No Idea How Their Licenses Will Be Extended Ten Days Before They Expire
Technology &Telecoms

Orange And Vodafone Have No Idea How Their Licenses Will Be Extended Ten Days Before They Expire

Orange and Vodafone, the largest mobile telephony operators on the Romanian market, which cumulate more than 18 million customers and annual revenue of EUR1.8 billion, will be left without t...

Adrian Seceleanu · 22.12.2011 · 00:00 · 2 min
Banks-Insurance

Government Sets 29 Activity Sectors

The Romanian Government on Wednesday set a list of 29 activity sectors for which collective work contracts may be negotiated and signed, said Labor Minister Sulfina Barbu.

Ioana Tudor · 21.12.2011 · 18:55 · 1 min
Energy

Authorities Suspend Hidroelectrica Auction Over Complaint Surge

Romanian authorities decided to suspend an auction held by hydropower producer Hidroelectrica, for a computer system in a contract worth an estimated 47.4 million lei (some EUR10 million), f...

Andrei Cîrchelan · 21.12.2011 · 15:35 · 1 min
Google Sees Tremendous Potential On Romanian Online Market
Technology &Telecoms

Google Sees Tremendous Potential On Romanian Online Market

Romania’s online market has tremendous development potential but it cannot be attained as long as only 15% or 20% of companies are online, electronic commerce accounts for little of the gros...

Adrian Seceleanu · 20.12.2011 · 00:00 · 3 min
Tablet Market To Triple In 2012 To More Than EUR240 Million
Technology &Telecoms

Tablet Market To Triple In 2012 To More Than EUR240 Million

Sales of tablets will go up from approximately 40,000 units this year to over 120,000 in 2012, Asus Romania estimates. The company set out to achieve a 25% share of this market.

Oana Gavrila · 19.12.2011 · 00:00 · 1 min
Romania Seeks Assessor For Posta Romana Ahead Of Privatization
Technology &Telecoms

Romania Seeks Assessor For Posta Romana Ahead Of Privatization

Romania's IT&C Ministry will launch a public tender December 22 to hire a professional assessment company for the evaluation of the state-run postal company Posta Romana in view of privatiza...

Florentina Dragu · 16.12.2011 · 18:00 · 1 min