Technology &Telecoms
ABN Systems International Reports RON7.8M Net Profit For 2022, Down 19% Vs 2021
ABN Systems International (ABN.RO), which distributes IT&C products and accessories and owns the Tellur brand, ended 2022 with a net profit of RON7.75 million, down 19.1% from the level repo...
Analysis: Romania's IT Industry Employees Hesitant About Changing Their Current Job
Employees in Romania's IT industry are restrained in the decision to change their current job (almost one in three is not considering leaving their present job and working for another compan...
Chromosome Dynamics' 2022 Net Profit Surges 33.4% To RON1.3M, Turnover More Than Doubles To RON10M
Chromosome Dynamics (CHRD.RO), a developer of IT & AI solutions for the agribusiness sector, recorded a net profit of RON1.3 million in 2022, up 33.4% versus 2021, and a turnover of almost R...
Stefanini Group Names Natalia Chiritescu Digital Solution Center Director For EMEA
Stefanini Group, a global tech multinational that assists customers in their digital transformation, has recruited Romanian Natalia Chiritescu, a specialist with over 25 years of experience...
AROBS Transilvania Software Buys Cluj-Napoca-Based FWF Group
Arobs Transilvania Software, the biggest technology company listed on the Bucharest Stock Exchange, has entirely taken over Future WorkForce Global (FWF) group of Cluj-Napoca, specialized in...
SoftOne Romania Envisages More “Aggressive” Development Locally
SoftOne Romania, the local subsidiary of Greek software solution provider of the same name, has in view a more aggressive development on the local market in the coming period, both via organ...
Law Firm Filip & Company Assisted Digi Group in EUR500M Senior Loan Facility Agreement
Law firm Filip & Company assisted RCS & RDS S.A., part of the Digi group, in the signing of a senior loan facility agreement that consists of a term loan facility of EUR150 million, a revolv...
Deloitte: Global Semiconductor Companies Will Spend US $300 Million On Artificial Intelligence In 2023
The world’s largest semiconductor companies will spend US $300 million in 2023 on artificial intelligence-based solutions dedicated to chip design, an investment that will increase by 20% an...
RCS&RDS Borrows EUR500 Million from Banks for Debt Refinancing, Working Expenditure and Investments
Telecommunications operator Digi (DIGI.RO) on Monday night notified the Bucharest Stock Exchange that its RCS&RDS subsidiary signed an agreement for several loan facilities worth EUR500M to...