22 nov 2017

The Romanian market of surveillance cameras, which reached EUR15 million in 2016, is booming this year, driven by the high demand from traditional industrial customers and retail customers. more

20 nov 2017

eMAG and Altex, the two largest computer and electronics retailers in Romania estimate Black Friday sales to reach about 600 million lei (EUR129 million) together, far ahead of other online and more

7 nov 2017

China’s Huawei, which climbed to the second spot on the smartphone market in Romania in several years, gaining 15% market share by number of units sold, has a lot of room for growth on this market more

6 nov 2017

The largest online retailer in Romania, eMAG, has invested EUR10 million in technology for its warehouse this year alone to be able to lower the number of errors and get parcels out the door faster, more

17 oct 2017

Sales of cellphones in Romania are almost flat this year, but people are spending more on handsets, as the average price including VAT reached 750 lei (EUR164), 25% higher than three years ago. more

13 sep 2017

Bucharest has attracted almost half of the 400 largest software companies in Romania, which makes it the capital of the local industry, far ahead its rivals, and also by revenue and number of more

30 aug 2017

Only 18 of the 1,500 largest local IT&C companies make more than EUR100 million revenue a year and only nine of them posted net profit of more than EUR10 million in 2016, as shown in the `Cei mai mari more

29 aug 2017

UK software and IT services provider Endava, whose minority shareholders are Romanian, expects to double to 100 the number of employees at Endava Technology, a fintech solutions and platform provider more

28 aug 2017

The leading five local PC vendors posted 328.8 million lei (EUR73.2 million) revenue together last year, up 48.7% on 2015, because of the significant rise in the revenue of the market leader, Complet more

11 aug 2017

The huge pressure online retailers put on parcel delivery companies, which most often translates into deliveries that are either late or not done at the dates and times estimated upon order placement, more

10 aug 2017

SOL Electronics Trading SRL based in Timisoara and held by Indian-born British entrepreneur Rameschandra Somani Rajesh, became one of the largest distributors and sellers of smartphones and tablets in more

20 iul 2017

Mihai Sotropa, one of the few local entrepreneurs who entered the cable TV market in the early nineties and are still there, sold along with his two Romanian partners the IKOM cable company more

17 iul 2017

A number of 20 of the largest local IT&C companies with more than EUR1.4 billion revenue shed more than 3,300 jobs last year, according to their reports with the Public Finance Ministry and Trade more

14 iul 2017

Retailer eMAG’s research and development center, Cluj-Napoca-based Softivision and Netopia – one of the pioneers of online payments by card, are the three largest local Romanian-held software more

4 iul 2017

Six high-tech companies, among which eMAG, the largest online retailer in Romania (via a new company established for the purpose) and IT outsourcing provider Ness in Iasi, have applied to the Finance more

23 iun 2017

Mihai Rotaru and Alexandru Dumitru, who created the Clever Taxi mobile app in 2011 enabling people in 20 cities in Romania to order more than 40 million taxi rides since 2012, have become euro more

15 iun 2017

Studio Moderna, the Slovenian company that owns the Dormeo and Top Shop stores selling brands such as Dormeo (mattresses) and Delimano (pans), posted 222.4 million lei (EUR49.5 million) revenue, an more

14 iun 2017

The sales of iStyle Retail SRL, the operator of the biggest Apple store chain in the region, doubled to 153 million lei (EUR34 million) last year, data available on the Finance Ministry website show. more

14 iun 2017

Swedish-held Ericsson, one of the leading world providers of equipment and services to telecom operators, posted growth of 10.6% in revenue in Romania to 728.5 million lei (EUR162.2 million) in 2016, more

12 iun 2017

The local subsidiary of Chinese-held Huawei, one of the leading smartphone and tablet suppliers and providers of equipment and services for telecom operators and companies in Romania, overshot the 1 more

8 iun 2017

The companies held by Orange, Telekom, Vodafone, RCS&RDS, UPC and AKTA, the main six telecommunications groups with local operations, posted EUR3.4 billion revenue together (about EUR3.8 billion if more

5 iun 2017

Totalsoft, held by Turkey’s largest independent software developer Logo Software, posted 4.4% increase in revenue to 99.02 million lei (EUR22.05 million) last year, according to the company’s more

25 apr 2017

The market of security cameras stood at more than EUR15 million in Romania in 2016, driven by higher demand from industrial and real estate customers, which was even stronger in the first quarter. more

7 apr 2017

Arsis Trading, the largest GSM retailer held by a Romanian entrepreneur, posted growth of 5% in sales to more than EUR32 million in 2016. more

29 mar 2017

The local subsidiary of China’s Huawei ended last year on the second place on the smartphone market, after South Korea’s Samsung and ahead of Brasov-based Visual Fan (Allview), after the company more