Technology &Telecoms
TARA Interactive Records EUR1.2M Turnover in 2023, Up 15% YOY
Romanian company TARA Interactive, specialized in software development, ended 2023 with turnover worth above EUR1.2 million (at group level), up 15% from the previous year.
Softbinator Technologies Reports RON32.2M Revenue And RON5.2M Net Loss For 2023
Softbinator Technologies (CODE.RO), a group of IT companies, reported consolidated turnover of RON32.2 million for 2023, almost flat on the year, and a net loss of RON5.2 million versus net...
OVES Enterprise Invests EUR100,000 In Small Drone Manufacturing Line
OVES Enterprise, a software development company and drone manufacturer, is expanding its drone production and investing EUR100,000 in a new line dedicated to manufacturing small-sized drones...
Uber Launches UberX Share In Romania
US-held Uber, which operates one of the largest mobility platforms worldwide, on Thursday announced the launch of UberX Share service in Romania, in Bucharest, at the same time as in Poland,...
Tech Company Blankfactor Leases 35TH Floor Of SkyTower In Bucharest
Blankfactor, a global provider of technology and end-to-end digital transformation services for financial services, has leased the 35th floor of the SkyTower building in Bucharest, the talle...
GapMminder Launches New EUR80M Investment Fund For Tech Startups
Technology startups from Romania, the Republic of Moldova, Serbia, Croatia, Slovenia and Bulgaria will be able to get funding through GapMinder Fund II, the EUR80 million investment vehicle...
Telekom Romania Mobile Revenue Slightly Down In Q4'23, Significant Improvement On Previous Quarters
Telekom Romania Mobile (TKRM), the fourth mobile telephony operator in Romania, posted EUR77.5 million revenue in the fourth quarter of 2023, up 6.2% year-on-year, mainly reflecting the shar...
Romanian Tech Startup DRUID Reports $13M ARR in 2023
DRUID AI, the tech startup founded by entrepreneur Liviu Dragan in 2018, in 2023 registered annual recurrent revenues worth $13 million.
Bittnet Group’s Dendrio Solutions Signs RON11M Contract To Supply IT Equipment
IT group Bittnet Systems (BNET.RO) on Tuesday notified the capital market of the signing of a significant RON11 million contract by Dendrio Solutions SRL (part of the Cloud & Infrastructure...