Technology &Telecoms
Connections Consult Sees Revenues Soar 200%, Net Profit 162% in 2023 YOY
Connections Consult, a group of companies specialized in providing software solutions and IT services, reported RON177 million revenues in 2023, 200% higher than in 2022, and a RON11.2 milli...
Hungary’s Startup Munch Due to Enter Romania in 1-2 Months
Hungary’s startup Munch, which has developed a mobile app aiding reduce food waste, will enter Romania’s market in 1-2 months, with Bucharest as the first targeted city.
Motorola Mobility Aims to Sell 500,000 Smartphones in Romania in 2024, 100,000 More than in 2023
Motorola Mobility, part of Chinese group Lenovo, plans to reach the threshold of 500,000 smartphones sold in Romania this year, thus maintaining the growth pace registered locally in recent...
Life is Hard Sees Consolidated Net Profit Doubling YoY To RON7.2M In 2023
Life is Hard (LIH.RO), a technology company listed on the AeRo market of the Bucharest Stock Exchange, announced on Feb 29 that the consolidated net profit doubled to RON7.16 million in 2023...
Innobyte 2023 Turnover Surges 30% YoY To RON12.57M
Innobyte, a leading player on the Romanian e-commerce market, ended 2023 with a turnover of RON12.57 million, up 30% on the year, and EBITDA of RON2.67 million, up 40% from 2022, company rep...
iHunt Technology Switches To RON1.2M Loss In 2023 From RON4.5M Net Profit In 2022
iHunt Technology Import-Export, a supplier and manufacturer of mobile phones and gadgets, has announced net loss of RON1.23 million for 2023, compared to net profit of RON4.5 million in 2022...
AROBS Transilvania Software Ends 2023 With 43% Higher Turnover, Of RON428M
AROBS Transilvania Software (AROBS.RO), the biggest tech company listed on the Bucharest Stock Exchange, reported a consolidated turnover of RON428 million for 2023, up 43% vs 2022, normaliz...
Bittnet Systems Seeks To Sell RON15M Worth Of Bonds
Bittnet Systems (BNET.RO), an IT Group listed on the Bucharest Stock Exchange, has informed investors in a stock market report on Wednesday (Feb 28) about the Board of Directors' decision re...
Safetech Innovations Reports RON31.1M Turnover, At An Individual Level, Down 11% YoY
Cybersecurity company Safetech Innovations (SAFE.RO) reported a turnover of RON31.1 million, at an individual level, down 11% compared to 2022, and net profit of RON9.7 million, down 5% on t...