Technology &Telecoms
GoIT Group Eyes EUR50,000 Turnover In 2022 After Two Months Of Activity On Romanian Market
GoIT, the international company for beginner IT training courses, which started its activity on the Romanian market almost two months ago, estimates a turnover of EUR50,000 at the end of 202...
Orange Romania Expands 5G Coverage To Towns Of Targu Mures And Miercurea Ciuc
Orange Romania has expanded its 5G network coverage to two more towns, namely, Targu Mures and Miercurea Ciuc.
SeedBlink: Tech Startup Funding in Romania Up 36% to EUR226M in Jan-Oct
The financing for tech startups in Romania reached EUR226 million in the first ten months of 2022, 36% more than in 2021, despite the high inflation and the macroeconomic situation, a report...
SafeTech Innovations Establishes Subsidiary In Abu Dhabi
Romanian cybersecurity company Safetech Innovations (SAFE.RO), listed on the AeRO market of the Bucharest Stock Exchange, said in a stock market report on Tuesday (Dec 20) that it establishe...
Luxoft Reaches 2,500 Employees in Romania, Opens Coworking Spaces in Cluj-Napoca and Iasi
Luxoft Romania, a wholly owned subsidiary of DXC Technology and one of Romania’s biggest software development and IT solutions company, has expanded its team in recent years and ends 2022 wi...
Growceanu Invests EUR80,000 in MedTech Startup MediNav
Business angels investment platform Growceanu is investing EUR80,000 in MedTech startup MediNav, which uses AI to extract structured medical information, in a EUR250,000 round.
GlobalLogic Will Pay EUR240M for Fortech Cluj
The surprise of the end of the year on the IT, as well as the M&A market in Romania was the acquisition by GlobalLogic of Fortech Cluj, a Romanian IT services entrepreneurial company.
PwC Romania Includes Romanian Fintech Finqware’s Solutions in Process Automation Services Portfolio
Consulting services company PwC Romania will include the solutions developed by the Romanian fintech Finqware in its automation services portfolio amid companies’ rising demand for solutions...
OVES Enterprise: Romania’s Software and Services Market Suffers Sudden Slowdown at Yearend
Romania’s software and services market suddenly slowed down toward yearend, from an average annual increase of 15-17% to 5% in the past two months, as many projects traditionally wind down b...