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Competition Authorities OK Flanco Takeover By Asesoft
Retail&Consumer

Competition Authorities OK Flanco Takeover By Asesoft

Romanian Competition Council on Thursday announced it has approved the takeover of electronics retailer Flanco Retail by Asesoft Web, part of the Asesoft group.

Andrei Cîrchelan · 15.12.2011 · 17:08 · 1 min
Romanian Asesoft Distribution Sees 2011 Sales Up 24% At EUR180M
Technology &Telecoms

Romanian Asesoft Distribution Sees 2011 Sales Up 24% At EUR180M

Romanian electronics distributor Asesoft Distribution expects sales to reach EUR180 million this year, up 24% on 2010, the company's president Iulian Stanciu said Thursday.

Andrei Cîrchelan · 15.12.2011 · 15:05 · 1 min
Technology &Telecoms

Samsung Aims For 15% Share Of Laptop Market

The local subsidiary of South-Korean company Samsung has plans for an aggressive growth on the portable computer market, on which it entered in February 2011. It aims to become one of the to...

Adrian Seceleanu · 15.12.2011 · 00:00 · 1 min
Technology &Telecoms

Number Of Subscribers To TV Services Fell 0.6% In 1H To 5.7M

The number of subscribers to television services stood at 5.7 million at the end of June 2011, down 0.6% compared with the end of 2010, due to a decrease registered on the DTH television seg...

Ioana Tudor · 14.12.2011 · 15:57 · 1 min
Over Half Of Romanians Aged 16 To 74 Have Never Used The Internet
Technology &Telecoms

Over Half Of Romanians Aged 16 To 74 Have Never Used The Internet

More than half of Romanians aged 16 to 74 have never used the Internet and less than one third of Romanian households have access to broadband Internet connection, according to the EU’s stat...

Ioana Tudor · 14.12.2011 · 15:54 · 1 min
Romania Ranked Last In EU Regarding Share Of Firms Using The Internet In January
Technology &Telecoms

Romania Ranked Last In EU Regarding Share Of Firms Using The Internet In January

Only 79% of Romanian enterprises used the Internet at the beginning of the year, and the share is unchanged compared with January 2010, official data showed Tuesday.

Ioana Tudor · 13.12.2011 · 18:31 · 1 min
RCS&RDS Competes For Mobile Telephony License In Hungary
Technology &Telecoms

RCS&RDS Competes For Mobile Telephony License In Hungary

Romanian company RCS&RDS, which has become one of the largest providers of communications and TV services in Central and Eastern Europe over the past seventeen years, is now competing with s...

Adrian Seceleanu · 12.12.2011 · 00:00 · 1 min
Romanian Online Store eMAG.ro Taps Insurance Market
Banks-Insurance

Romanian Online Store eMAG.ro Taps Insurance Market

Romanian online store eMAG.ro will start selling mandatory car insurance policies (RCA), following a partnership with insurance broker Netrisk, and wants to reach a 3-5% market share, the si...

Oana Gavrila · 09.12.2011 · 11:50 · 1 min
Technology &Telecoms

Over 90% Of Romanians Aged 16 To 24 Navigate The Internet - Poll

Over 90% of Romanians aged between 16 and 24 and those with higher education use the Internet, according to a survey conducted by market research company 360insights.

Ioana Tudor · 08.12.2011 · 19:34 · 1 min