Technology &Telecoms
ASF Licenses First Digital Crowdfunding Platform For Real Estate Developers
The Financial Supervisory Authority (ASF) has licensed the first digital crowdfunding platform in Romania, which real estate developers can use to secure funding from investors for up to 60...
Life is Hard's Net Profit Doubles YoY To RON3.7M In H1/2023
Software solutions provider LIFE IS HARD (LIH.RO), listed on the AeRO market of the Bucharest Stock Exchange, reported a consolidated turnover of RON19.9 million for the first half of 2023,...
Zitec Reports 20% Higher Turnover For H1/2023, Of EUR14.7M
IT and digital marketing services provider Zitec ended the first half of 2023 with a 20% higher turnover compared to the same period of 2022, up to EUR14.7 million, company representatives s...
Software Solutions Developer Plin Tech 2022 Turnover Up 77% in 2022
Software solutions developer Plin Tech saw its turnover go up by over 77% in 2022 on the year, to over EUR1.8 million (RON9.1 million).
Digi Belgian Affiliated Companies Acquire Roaming Services on Belgian Territory
Digi Communication’s Belgian affiliate companies have acquired roaming services on the Belgian territory based on a 5-year contract signed with Belgian state-owned operator Proximus Plc.
Alpha Bank Takes Over Orange Money IFN Romania
Orange, leader of Romania’s telecom market, has announced it reached an agreement regarding the transfer of Orange Money retail business of Romania to Alpha Bank Romania.
Asbis Romania Sees Turnover Rise 76% in 2Q/2023
Sales of ASBIS Romania, the local subsidiary of Cyprus-based ASBIS, a developer and provider of products, solutions and services in the TIC and IoT field for EMEA markets, surged 76.7% in th...
Integrisoft Solutions Posts 9% Decline In Revenue To Less Than EUR5M In 2022
Integrisoft Solutions, a developer and provider of software applications and solutions for central and local public administration, posted 9% decrease in revenue to EUR4.5 million (RON22.7 m...
Cyscale Reports RON2.3M Turnover for Romania in 2022
Startup Cyscale, a Cluj-based software developer of data protection solutions and applications in the cloud, in 2022 posted turnover worth RON2.3 million in Romania, against zero turnover in...