Technology &Telecoms
System Innovation Romania’s 2022 Turnover Up 20% YoY To Over EUR2M
Romanian company System Innovation Romania, an integrator of end-to-end business software solutions, has overshot the EUR2 million turnover mark at the end of 2022, up nearly 20% from 2021,...
bpv Grigorescu Stefanica Advised Local Software Firm INCRYS On Acquisition Of IT Services Firm USOURCE
Law firm bpv Grigorescu Stefanica advised Bucharest-based software and infrastructure company INCRYS on acquiring USOURCE, an IT services company based in Cluj-Napoca.
Association: Over 60% Of Companies Expect Higher Revenue In 2023
Almost two-thirds (65%) of Romanian companies expect an increase in their turnover in 2023, while 30.2% expect a turnover similar to that of 2022 and only 4.8% of the respondents expect a de...
Net Brinel Appoints Andrei Savin CEO for Four-Year Term
Andrei Savin, who was appointed chief executive officer of one of the leading providers of IT solutions and services in Romania, Net Brinel, early this year, was given a four-year term at th...
Romanian DRUID Wants to Raise $20M in 2023
Local startup Druid, founded in 2018 by local entrepreneur Liviu Dragan, plans to raise new funding this year, worth around EUR20 million, and is already in talks with investment funds of th...
Orange Romania Reports EUR1.57B Turnover For 2022, Down 2.6% YoY
Orange, leader of the Romanian telecom market, on Thursday (Feb 16) said it registered a turnover of EUR1.57 billion in 2022, down 2.6% compared to 2021.
Binance Seeks To Boost Team At Its Technology Hub In Iasi By End-2023
Binance cryptocurrency exchange platform plans to increase the number of employees at its technology hub in Iasi, opened in September 2022.
Corporate IT&C Solutions Provider M247 Europe Ups Infrastructure Investments to EUR9M
M247 Europe, one of the leading providers of hosting, connectivity and data management solutions in Romania, is increasing its infrastructure investment to EUR9 million amid higher demand, t...
Qualysoft Romania Sees 55% Growth in 2022
Software services company Qualysoft Romania, part of the Austrian group by the same name, recorded a 55% increase in revenue in 2022 compared with the previous financial year, its representa...