Technology &Telecoms
Bittnet’s Dendrio Solutions Takes Out Loan From ProCredit Bank To Buy Dataware Consulting
Bittnet Systems (BNET.RO), the first Romanian IT group listed on the Bucharest Stock Exchange, notified investors of having taken out a RON10 million investment loan from ProCredit Bank for...
Law Firm Bpv Grigorescu Stefanica Advised Softelligence In Takeover By Encora
Law firm bpv Grigorescu Stefanica advised the shareholders of Romanian company Softelligence, a provider of software engineering services, on its takeover by the US company Encora Holdings L...
Ferrari Buys Bitdefender Cybersecurity Solution
Automaker Ferrari, including its Formula 1 team, has decided to get a cybersecurity solution developed by Bitdefender, one of the most powerful IT companies established in Romania. The partn...
LIFE IS HARD Ends Q1/2023 With 14% Higher Turnover, Of RON6.8M
Software solutions provider LIFE IS HARD (LIH.RO), listed on the AeRO market of the Bucharest Stock Exchange, reported a turnover of RON6.8 million for the first quarter of 2023, up 14% on t...
Romania Telecom Market Slides 1% in 2022 To RON16.9B
Romania’s telecom services market dropped by 1% to RON16.9 billion in 2022, in line with data aggregated by market regulator ANCOM.
Arctic Stream's Net Profit Surges 146% YoY To RON2.2M In Q1/2023
Arctic Stream (AST.RO), an IT infrastructure and security integrator, reported a net profit of RON2.2 million for the first quarter of 2023, up 146% from the net result reported in the year-...
Report: Digital Revolution Expected To Lead To Loss Of 14 Million Jobs In Next Four Years,
A report by the World Economic Forum shows that although 69 million jobs will be created until 2027, 83 million jobs will be lost, resulting in a net loss of 14 million jobs, i.e., 2% of cur...
US Group Encora Buys Romania’s Tech and Consulting Firm Softelligence
US group Encora, a global tech services supplier, has signed an agreement to acquire Softelligence, a Romanian business software solutions provider founded by Adrian Blidarus.
Bittnet Group Reports Consolidated Revenue Of RON54M For Q1/2023, Up 63% YoY
Bittnet Group (BNET.RO), the first Romanian group of IT companies listed on the main market of the Bucharest Stock, ended the first quarter of 2023 with consolidated revenue of RON53.5 milli...