Technology &Telecoms
Orange: At Worst We Might Sell Or Merge With A Rival
Gervais Pellissier, CFO of France Telecom, the owner of Orange Romania, one of the biggest local companies, caused a stir on the entire market on Tuesday by announcing a review of the Romani...
France Telecom Currently Has No Plans To Sell Romanian Operations
France Telecom-Orange announced Wednesday that it currently has no plans to sell its Romanian assets, after one of its managers said Tuesday that the group might give up some of its smaller...
Asbis Romania Plans 25% Hike In Sales For 2011
Romanian IT distributor Asbis Romania, part of Cypriot group Asbis Enterprises, on Wednesday said it plans a 22%-25% year-on-year hike in sales for 2011, from $30 million in 2010, following...
Orange Romania 1Q Revenues Down 6%, To EUR222M
Revenues of telecom operator Orange Romania fell 6% in the first quarter, to EUR222 million from EUR237 million in the same period of 2010, due to difficult economic conditions, worsened by...
RCS&RDS Sells Preference Shares To Staff
Romanian telecom and internet provider RCS&RDS plans to sell preference stock to its staff and inter-group companies, according to a summoning notice to its shareholders.
Romanian Senate Rejects Bill On Internet Pornography
The Romanian Senate on Tuesday rejected a bill preventing and fighting internet pornography, as the draft normative act did not garner sufficient votes for approval.
3TS Capital To Launch EUR30M Fund Targeting IT&C, Media SMEs
Private equity firm 3TS Capital Partners will launch a EUR30 million fund targeting small- and medium-sized enterprises in companies in technology, media and communications sectors, Investme...
Romania To Digitize National Archives Services For RON26M
Romanian Interior Minister Traian Igas and Communications Minister Valerian Vreme on Thursday signed a 26 million lei (around EUR6.35 million) contract for a project to digitize the National...
Posta Romana’s Auction To Buy Info System Was Cancelled
Romania's settlement body CNSC on March 25 decided to cancel the public procurement auction organized by postal company Posta Romana to buy an integrated information system to help the compa...