Technology &Telecoms
Austria’s Kontron Buys Altimate In EUR12M Deal
Austria’s Kontron Group has bought a piece of the former UTI empire – one of the groups that used to be a key player in the area of IT and security solution contracts awarded by the public s...
EY: Digital Households Not Planning To Cut Spending On Digital Home Products And Services
Less than one in five digital households (16%) have reduced or plan to reduce their spending on home broadband, mobile connectivity or streaming, according to the latest EY Decoding the digi...
AB Systems Sees EUR2.7M Revenue In H1, Expects EUR5.6M In 2023
Cluj-based AB Systems, which specializes in making RFID and barcode tags, posted more than EUR2.7 million revenue in the first half and the full-year target is EUR5.6 million, an increase of...
Refurbished Phone Marketplace Flip Expands To Greece
Flip Technologies, a Romanian startup which operates as a marketplace for refurbished smartphones, has expanded operations to Greece, after having previously entered Bulgaria and Hungary.
Fortech, a GlobalLogic Company Acquires the business of Eminus Software. The acquisition further expands GlobalLogic growth and presence in Romania
Fortech, a GlobalLogic Company, and one of Romania’s top software engineering service providers, announced that it has entered into a definitive agreement to acquire the business of Eminus S...
HCLTech 2022 Turnover Up 98% To over EUR35M
HCLTech, a provider of consulting and IT services, saw turnover go up by over 98% at the end of 2022, to over EUR35.8 million (RON177.9 million).
Irish-American Fintech Stripe Opens IT Center in Bucharest
Stripe, an Irish-American fintech valued at $50 million that has globally developed an infrastructure allowing companies to accept payments by card but also via different local platforms, ha...
Dataware Consulting, Part Of Bittnet Group, Signs RON7M Contract With Public Sector Client
IT group Bittnet (BNET.RO), an integrator of IT&C solutions and a provider of training services in the IT sector, has informed investors in a stock market report about the signing of a signi...
EY Launch Artificial Intelligence Platform EY.ai Following US$1.4B Investment
The global EY organization announces the launch of EY.ai, a unifying platform that brings together human capabilities and artificial intelligence (AI) to help clients transform their busines...