Technology &Telecoms
Cegeka Romania's 2022 Turnover Grows 30% YoY To EUR47M
Cegeka Romania, the local subsidiary of Belgian IT group of the same name, had a turnover of EUR47 million at the end of 2022 fiscal year, up 30% versus the level reported for 2021, as per a...
Tema Energy Expects Slight Growth In Revenue To EUR13M In 2023
Romanian-held Tema Energy, a supplier of technology specializing in building data centers on its own, from design to delivery, installation, startup and maintenance and support services, exp...
Safetech Innovations Triples Net Profit in 1Q/2023 To RON1.2M
Safetech Innovations, a Romanian cybersecurity company listed at the Bucharest Stock Exchange, reported individual turnover worth RON6 million in the first quarter of 2023, up 129% from the...
Alpha Bank In Talks To Buy Orange Money IFN Romania
Alpha Bank, one of the ten largest banks in Romania, is in talks with telecommunications group Orange over buying Orange Money IFN Romania, financial market sources told ZF.
CANCOM SE Acquires Austria's K-Businesscom-Group, Including Its Romanian Subsidiary
CANCOM SE, one of the leading integrated IT services providers in Germany, has acquired Austria's K-Businesscom-Group, including its Romanian subsidiary.
Tamura Corporation Officially Announces Investment In Battery Plant In Fetesti; Initial Investment At EUR6M
Tamura Corporation, one of the largest manufacturers of electronic components in Japan, has officially announced the establishment of a subsidiary in Romania to produce battery chargers for...
Orange Romania Expands Its 5G Network To City Of Oradea
Orange Romania, the leader of the Romanian telecom market, has expanded its 5G network to the western city of Oradea, the company said in a statement.
Alexandru Stoinea To Run ASBIS Romania Operations As Of May 2023
Alexandru Stoinea will be running the operations of ASBIS Romania, the local subsidiary of Cyprus-based IT product distributor ASBIS, starting May 2023.
Tech Startup Pluria Raises $2M Funding Led by Eleven Ventures
Tech startup Pluria, launched in September 2020 in Romania and Spain by entrepreneur Andrei Cretu, cofounder of 7card network, now present in ten countries of two continents, announced a $2...