Technology &Telecoms
Third Attempt To Sell Telekom Romania Mobile As DT And OTE Sign Agreement With Clever Media Group
Deutsche Telekom (Germany) and OTE (Greece) have signed an agreement to sell Telekom Mobile Romania to Clever Media Network, a group controlled by entrepreneur Adrian Tomsa, which owns Prima...
Digi Communications Reports EUR1.2B Revenues for Jan-Sept 2023, Up 13%
Telecom operator Digi Communications, an entrepreneurial company controlled by businessman Zoltan Teszari, reported EUR1.23 billion revenues in the first nine months of 2023, up 13% from the...
Bonapp.eco Wants to Raise New Funding, Expand Locally and Regionally in 2024
Bonapp.eco, the local startup that sells discounted food approaching the expiration date, plans to raise new funding next year to be able to step up expansion both locally and abroad.
Bittnet Group Signs M&A Contract With Kepler Management
Bittnet Systems (BNET.RO), a group of IT companies listed on the main market of the Bucharest Stock, has informed investors in a stock market report on Monday (Nov 13) about Bittnet Group cl...
evoMAG No Longer Buying Elefant Online
Online retailer Elefant, which has bonds listed on the Bucharest Stock Exchange, notified its shareholders on Monday evening that it dropped plans to sell 68.4% to Evolution Prest Systems SR...
Bittnet Group's Revenue Up 150% YoY To RON283M In Jan-Sept 2023
Bittnet Group (BNET.RO), the first Romanian group of IT companies listed on the main market of the Bucharest Stock, saw its revenue surging 150%, its EBITDA doubling and its gross loss halvi...
Life is Hard Ends First 9 Months Of 2023 With RON5M Net Profit, Up 130% YoY
Life is Hard (LIH.RO), a technology company listed on the AeRo market of the Bucharest Stock Exchange, ended the first nine months of 2023 with a net profit of RON5.05 million, up 129.5% on...
Telekom Romania Mobile Sees Revenue And Profit Down In Q3
Telekom Romania Mobile’s total revenue shrank 7.4% to EUR71.1 million in the third quarter of 2023 compared with the year-ago period, while adjusted EBITDA was 63.5% lower, EUR4.6 million co...
Bonapp.eco Hits EUR50,000 Total Handled Sales, 200,000 App Downloads
Local startup bonapp.eco, a Romanian startup that sells discounted food approaching the expiration date, at end-September reached intermediated sales totally worth EUR50,000, five times high...