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Fagura, a fintech set up in the Republic of Moldova that has also expanded on Romania’s market, with ambitions to further grow internationally, has completed talks for a EUR1.1 million funding more

13 nov 2024

Bitdefender, one of the most successful IT businesses in Romania, which became a global leader on the market of cybersecurity solutions, posted $391.9 million consolidated net revenue in 2023, 16% more

13 nov 2024

Vodafone group will open a cybersecurity center in Romania this month serving several European markets, in line with an announcement the British company made in an investors report as it announced more

11 nov 2024

In 2023, Romania’s game development industry posted EUR317 million turnover, down 6.6% from 2022, in line with data provided by Romanian Game Developers Association. more

31 oct 2024

One of the most twisted deals in the history of Romania’s telecom market, the sale of Telekom operations, has taken a completely unexpected turn: Vodafone Romania will participate in the deal for more

24 oct 2024

Romania IT industry continued to expand in 2023, but the growth rate slowed down dramatically, though it stayed above 10%, reveals a survey conducted by a research group part of the Bucharest more

18 oct 2024

Stripe, an Irish-American fintech valued at $50 million that has globally developed an infrastructure allowing companies to accept payments by card but also via different local platforms, has reached more

18 sep 2024

Mihnea Radulescu, one of the best known executives in the local telecom industry, who has been running the business unit of Vodafone, will return to US telecom giant Liberty Global as of October 1, more

12 sep 2024

Vodafone, one of the largest communications services providers in Romania, has nine months to implement part of the government cloud platform that is set to be the basis of digital interaction between more

10 sep 2024

Cluj-based Agis Computer, one of the largest players on the local IT&C wholesale market, in 2023 registered turnover worth RON134.3 million (EUR27 million), down 3% from 2022. more

9 sep 2024

Altex, Romania’s largest electro-IT retailer, registered 6% higher turnover in the first half of this year and expects to keep the pace until yearend. more

5 sep 2024

Estep B2B, which operates Samsung Mobile Store network of Bucharest, Ploiesti and Iasi, in 2023 posted lower turnover and net profit, with a higher number of employees. more

3 sep 2024

Cluster Power SRL, which operates one of Romania’s biggest data centers, located near Craiova, in 2023 registered RON8.1 million turnover, down 38% year-on-year. more

21 aug 2024

IT and digital marketing services provider Zitec, in which giant online retailer eMAG owns 25%, in 2023 posted an over 40% net profit decline, while its turnover rose by almost 20%. more

21 aug 2024

China’s TP-Link, one of the world's largest players on the networking equipment market, returned to growth in 2023 after the previous year’s stagnation, while its net profit soared. more

19 aug 2024

Motorola Solutions Romania, the local subsidiary of the US company of the same name, a provider of emergency communications solutions, reported lower turnover and slightly higher net profit for 2023. more

19 aug 2024

Canon’s Timisoara software research and development center had a stable headcount in 2023 and higher turnover than in 2022. more

13 aug 2024

Softlead, a marketplace-type platform that helps companies choose the right software solution, has signed a partnership with Network One Distribution (NOD), the largest actor on the local IT&C more

12 aug 2024

Romanian-held communications group Digi (RCS&RDS, DIGI.RO), the leading actor on the fixed internet and cable TV market with a share of 70% of the number of subscribers has become majority shareholder more

9 aug 2024

IT&C distribution company Mida Soft Business, also a provider of integrated IT&C services, in 2023 registered turnover worth RON192.9 million (EUR38.8 million), up 93% from 2022. more

8 aug 2024

Telekom Romania Mobile, a mobile telephone company owned by Greece’s OTE group and Germany’s Deutsche Telekom, registered new revenue and client base declines and switched from profit to losses in more

8 aug 2024

Honor Technologies Romania SRL, the entity held locally by Honor, a Chinese producer of smartphones, tablets and other gadgets, for 2023 reported a 249% turnover increase, to RON259.2 million. more

7 aug 2024

Edenred Digital Center, the technology hub of Edenred group in Romania, has reached over 300 employees since its launch in Romania. more

6 aug 2024

Prime Telecom, one of the last significant independent players on the local telecom market, which also owns its own optical fiber infrastructure, plans to also expand on the energy market. more

25 iul 2024

Vodafone, a major player on the local IT&C market, part of the British group of the same name, for the first quarter of fiscal year 2025, ended in June, reported a number of 6.570 million clients for more