Technology &Telecoms
ANCOM Cancels Auction For Mobile Phone Radiation Measurement Lab
Romanian telecom regulator ANCOM has cancelled the auction for a laboratory to measure the radiation emitted by mobile phones, a contract worth an estimated 17.9 million lei (EUR4.11 million...
RCS&RDS Gets EUR200M Syndicated Loan From BCR, CEC, Credit Suisse
Romanian internet and telecom operator RCS&RDS has taken out a EUR200 million syndicated loan from Banca Comerciala Romana (BCR), CEC Bank and Switzerland’s Credit Suisse.
IBM Opens Networking Development Lab In Bucharest
IBM has opened a laboratory in Bucharest, Romania for the development and testing of the company's networking hardware and software.
Cosmote Romania’s Marketing&Communications Director Steps Down
Costas Kapetanopoulos has resigned from his position of marketing and communications director of Cosmote Romania to “explore new career opportunities”, the mobile telephony operator said in...
Austrian Kapsch Seeks Highway Taxation, Railroad Comm Projects In Romania
Austrian group Kapsch, with a turnover estimated at EUR1 billion in the current fiscal year, plans a strong development of its IT&C business line in Romania, but it is mainly focusing on pro...
Romania’s First Black Friday Brings Over EUR15M In Sales
Romanian electronics and home appliances retailers sold more than EUR15 million worth of TV sets, cameras and laptops on Romania’s first Black Friday.
Pentalog Eyes 25% Higher Sales In 2012
Romanian IT services and consultancy provider Pentalog estimates a 25% increase in sales to around EUR25.5 million in 2012, from around EUR20.5 million predicted for this year.
Nokia Closes Romanian Plant Next Week, 500 Employees Laid Off As Of Friday
Five hundred of the 1830 employees in Nokia’s Romanian production unit are leaving the company Friday and the rest will be leaving gradually by Wednesday, November 30, when the plant shuts d...
Deloitte: Four Romanian Companies In Technology Fast 500 EMEA 2011
Romania has four companies in Deloitte Technology FAST 500 EMEA 2011, an annual ranking of the most dynamic technology companies in the Europe, Middle East and Africa (EMEA) region.