2 apr 2014

Romtelecom, one of the largest telecom operators in Romania, has chosen audit and advisory firm KPMG to appraise its real estate assets throughout the country. Romtelecom owns almost two million more

31 mar 2014

The 70% cut, starting April 1, in interconnection tariffs brings in-network and out-of-network call costs to the same level. Telecom companies in Romania should make calls cheaper, but they bring up more

24 mar 2014

Orange Romania, leader on the Romanian mobile telephony market, will partner with a bank to launch Orange Money, a service allowing customers to pay bills or send money to other users from an account more

18 mar 2014

UK’s Vodafone, which signed deals to buy cable TV operators in Europe worth EUR15.2 billion in the last six months, might take a similar step in Romania to be able to provide integrated fixed, more

18 mar 2014

Computer and electronics retailers Domo and Flanco, the number two and three on the local market, are in talks to create a company with a more than EUR250 million revenue, close to the market leader. more

17 mar 2014

Sales of Windows Phone terminals rose significantly month by month last year peaking in November and December, when they amassed a market share beyond 10% in the two months. more

12 mar 2014

Romania has become one of the most important markets in Europe for Alcatel Lucent, which will continue to expand its team in the country in the coming years via projects for local clients and more

11 mar 2014

Romania’s most famous IT entrepreneur, Radu Georgescu, is now at his fourth exit, after having built companies acquired by Microsoft, Naspers and US-based private equity firm Francisco Partners. more

10 mar 2014

Greece’s OTE group, owner of Cosmote and Romtelecom, will invest EUR500 million in 2014, some of which directed to 4G and fiber optic networks in Romania, Michael Tsamaz, OTE chairman, chief more

5 mar 2014

RomCard, a major processor of online payments by banking cards in Romania, in 2013 registered a 40% increase in the overall number of processed and routed online transactions against 2012, although more

5 mar 2014

Romanian government will get EUR350 million at best for its 46% stake in Romtelecom that it put up for sale last year, deputy Mircea Cazan, member of the IT&C Committee of the Chamber of Deputies, more

11 feb 2014

International Finance Corporation (IFC), the World Bank’s investment arm, will acquire a stake in Romanian information systems integration company Teamnet, according to an announcement posted on the more

11 feb 2014

Visual Fan, a company which sells tablets, smartphones and various other electronics under the Allview brand, expects the partnerships signed with the Romanian mobile telephony operators to be a more

10 feb 2014

People in Romania bought a little more than four million cell phones last year, about 75% of which via mobile telephony operators, as shown by the data of Gersim Impex, the largest local cell phone more

6 feb 2014

Total Soft, one of the leading local software developers controlled by Greek private equity firm Global Finance, posted EUR27.1 million consolidated revenue last year, up 2.3% on 2012. more

17 ian 2014

The management of software developer Siveco, who has recently bought back the shares owned by private equity firms Intel Capital and Enterprise Investors, believes the company has the potential to more

13 ian 2014

Romania could use its internet speed--one of the highest in the world, surpassing Japan, Germany and USA even--and stimulate development of new generations of applications and services, says Andrei more

9 ian 2014

Siveco Romania management redeemed the full 32.5% stake from private equity firms Enterprise Investors and Intel Capital in order to self-evaluate the assets and the experience developed, Irina Socol, more

6 ian 2014

The management of software developer Siveco in November last year completed negotiations with private equity firms Intel Capital and Enterprise Investors to buy back 32.5% of its shares. more

23 dec 2013

Tablet sales in Romania picked up in 2013 and could hit a record high of 600,000 units, of which nearly 100,000 units are expected to be sold in December alone, the representatives of Visual Fan more

20 dec 2013

A consortium led by Swiss Capital – the largest brokerage on the Romanian market – will be the state’s consultant in the sale of the 46% stake in major telecom operator Romtelecom, according to more

13 dec 2013

The Romanian telecommunications market, which is estimated at around EUR3.2 billion per year, will not be able to cope with four major players in the long term, Benoit Scheen, vice-president of Orange more

4 dec 2013

Orange Romania, the largest mobile operator on the local profile market, has 100,000 tablets, phones and modems compatible with the 4G technology in its network, one year since launching its 4G mobile more

2 dec 2013

Romania’s largest online computer and electronics retailer eMag registered sales of EUR3.5 million during its first Black Friday sales campaign in Bulgaria, held on November 29, general manager more

28 nov 2013

U.S giant Intel, the world’s largest chip maker, has expanded its operations in Romania to the northwestern city of Cluj, after it completed the acquisition of educational software developer Kno, more