Technology &Telecoms
Romania’s Cleverage VC Participates in inHEART $11M Funding Round
inHEART, a medical devices company, in early May 2024 raised $11 million to to drive commercial growth of its therapeutic software solution for cardiac ablation procedures and advance the de...
Agora Robotics Aims to Raise EUR3M to Develop Production Line for Sweep Cleaning Robot
Romanian startup Agora Robotics, a spin-off from private R&D project Modulab that has developed an autonomous cleaning robot called Sweep, wants to open a EUR3 million funding round this aut...
eMAG Close To One Million Customers For Its Genius Service
eMAG, one of the largest online retailers in the region is nearing one million customers for its Genius service launched four years ago, which provides subscribers access to free delivery if...
Ingram Micro Distribution's 2023 Net Profit Surges 58% YoY To RON9M
Bucharest-based company Ingram Micro Distribution, part of US IT&C distribution group of the same name, had a net profit of RON8.9 million in 2023, up 58% on the year, in line with data avai...
Deloitte’s IT Services Center Growth Rate Abruptly Slows Down In 2023
Deloitte Tehnologie SRL, the IT services center the consulting and auditing company opened in Bucharest in 2016, saw its revenue growth pace abruptly slow down in 2023, following six double-...
Vertiv Romania's 2023 Turnover Up 11% YoY To Over RON91M
Vertiv Romania, a provider of critical digital infrastructure solutions and IT support services, ended 2023 with a turnover of over RON91 million (EUR18.3 million), up 11% on the year, as pe...
Deloitte: Consumers Spend Almost 30% More Than Last Year On Streaming Video On Demand Services
Households’ average monthly spending on streaming video on demand (SVOD) platforms has increased by almost 30% compared to last year, from 48 to 61 USD, amount which covers an average of fou...
Romanian Tech Startup DRUID Develops Smart Virtual Assistant for Dacia Romania
DRUID, the global company specializing in AI-based conversational solutions, has launched a virtual assistant for Dacia Romania, developed to understand and answer users’ questions with a hu...
Telekom Romania Mobile Launches VoWiFi (Voice Over WiFi) Service
Telekom Romania Mobile has launched on Monday (June 10) the VoWiFi (Voice over WiFi) service that allows users to make and receive voice calls via a WiFi connection.