Technology &Telecoms
DB Global Technology Reports RON713M Turnover For 2023, Up 35% YoY
DB Global Technology, Deutsche Bank’s Bucharest tech center, ended 2023 with a turnover of RON713.4 million, up 34.9% year-over-year, in line with data from the balance sheet submitted by th...
eMAG Group Aiming For 11% To 15% Growth In Revenue This Year
The eMAG Group, one of the largest online retailers in the region, is aiming for 11%-15% growth in revenue this year and will invest RON900 million to achieve its goals.
eMag IT Research Reports RON232M Turnover For 2023, Up 6% YoY
eMag IT Research SRL, a company held by Dante International, which manages eMAG, the largest online retailer in Romania, had a net turnover of RON232.5 million (EUR46.7 million) in 2023, up...
eJobs: 4 In 10 Employees In Romania Frequently Use AI Tools To Ease Job Tasks
Artificial Intelligence (AI) tools like ChatGPT or Gemini are regularly used by 34.9% of employees of companies in Romania in their office tasks to reduce workload or get results faster, as...
Arctic Stream: Competition Council Conducts Inspection Into Our Operations Between June 4 To 7
IT infrastructure and security integrator Arctic Stream (AST.RO) on Wednesday notified the stock market of a recently started inspection by the Competition Council targeting several companie...
Orange Romania Expands 5G+ Network To Pitesti
Orange Romania, the leader of the local telecom market, has announced the expansion of its 5G+ network to the town of Pitesti.
Vodafone Romania's 2023 Turnover Up 14% YoY To RON5.3B
Vodafone Romania, one of the largest players on the local communications market and part of British telecom group of the same name, saw a turnover growth rate of over 10%, but it also record...
Microsoft Romania Reports Loss For First Time In Last 20 Years
Microsoft Romania, the local subsidiary of US giant Microsoft, reported net loss for the first time since 2000, as per the company's balance sheet submitted to the Finance Ministry.
Aerostar And Lockheed Martin Open Europe’s First HIMARS Sustainment Center, In Romania
Romania's Aerostar Bacau, a company that repairs and retools military aircraft, and US Lockheed Martin partnered up and inaugurated Europe’s first certified HIMARS Sustainment Center, in Bac...