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Startup TOKHIT Raises $100M From International Investment Fund
Technology &Telecoms

Startup TOKHIT Raises $100M From International Investment Fund

Startup firm TOKHIT based in Cluj-Napoca, which developed a social network application based on Gaming, A.I. and Blockchain, has attracted financing worth $100 million from an international...

Ecaterina Craciun · 09.02.2023 · 14:40 · 1 min
High-Tech Systems & Software Expects 25% Growth in Revenue in 2023
Technology &Telecoms

High-Tech Systems & Software Expects 25% Growth in Revenue in 2023

High-Tech Systems & Software (htss), a provider of business software services, is aiming for EUR40 million revenue this year, which would mean an increase of around 25% compared with last ye...

Loredana Frățilă-Cristescu · 09.02.2023 · 00:00 · 1 min
Incrys Acquires USOURCE
Technology &Telecoms

Incrys Acquires USOURCE

Romanian company Incrys (the former Crys Computers), specialized in providing consulting, testing and software development services, on Wednesday announced the acquisition of Cluj-based IT s...

Ecaterina Craciun · 08.02.2023 · 21:11 · 1 min
SafeTech Innovations Projects RON58M Turnover, RON14M Net Profit for 2023
Technology &Telecoms

SafeTech Innovations Projects RON58M Turnover, RON14M Net Profit for 2023

SafeTech Innovations, a Romanian cybersecurity firm with offices in Bucharest, London and Abu Dhabi, expects RON58.1 consolidated turnover and net profit of RON13.9 million for the current y...

Cristina Bellu · 08.02.2023 · 10:10 · 1 min
Safetech Innovations Goes Public On Main Market On Feb 6
Capital Market

Safetech Innovations Goes Public On Main Market On Feb 6

The shares of Safetech Innovations will be listed on the Main Market of the Bucharest Stock Exchange (BVB) under the stock ticker SAFE, on Feb 6, after the transfer from the AeRO market, the...

Ecaterina Craciun · 06.02.2023 · 12:11 · 3 min
Zitec Aims to Grow Team by 20%
Technology &Telecoms

Zitec Aims to Grow Team by 20%

Zitec, an IT and digital marketing services provider, seeks to hire 20 IT specialists, both for technical and non-technical positions.

Alexandra Cepăreanu · 06.02.2023 · 09:52 · 1 min
Online Fashion Retailer Answear Expects 20% Growth in Sales in 2023
Retail&Consumer

Online Fashion Retailer Answear Expects 20% Growth in Sales in 2023

Polish-held online retailer Answear, which has a presence in Romania since 2015, aims to increase local sales by 20% this year compared with 2022, when its biggest growth, 40% was recorded i...

Loredana Frățilă-Cristescu · 02.02.2023 · 18:15 · 1 min
SanoPass Partners Up With UPfit.cloud
Health

SanoPass Partners Up With UPfit.cloud

Romanian medtech startup SanoPass integrates into the platform it manages a solution through which more than 50,000 users of medical and fitness services will have real-time access to all gr...

Ecaterina Craciun · 02.02.2023 · 14:12 · 1 min
Startup Kubeark, Founded By Six Former UiPath Employees, Raises $2.8M In Pre-Seed Round
Technology &Telecoms

Startup Kubeark, Founded By Six Former UiPath Employees, Raises $2.8M In Pre-Seed Round

Romanian tech startup Kubeark, an open and infrastructure-agnostic platform aiming to support enterprises fix their scalability, delivery and lifecycle management challenges, raised $2.8 mil...

Ecaterina Craciun · 01.02.2023 · 19:39 · 2 min