5 aug 2021

Greece’s OTE has officially announced the estimated cost to pay to buy the former Romtelecom stake in the former Cosmote Romania, the last hurdle for the takeover of the former fixed telephony more

3 aug 2021

Corsar Online, a company held by entrepreneur Tiberiu Pop, which has posted net losses in each of the past three years, with a peak of RON3.5 million in 2020, filed for insolvency on August 2, more

28 iul 2021

The European Commission on Wednesday approved the deal that changes the telecom market in Romania, the acquisition of Telekom’s fixed services division – formerly Romtelecom, by Orange, which will more

15 iun 2021

Dante International, the company that runs online retailer eMAG, posted RON107.3 million net profit in 2020, an increase of 117% year-on-year, Finance Ministry data show. more

31 mar 2021

Fixed and mobile communications group Digi (DIGI.RO) held by Oradea businessman Zoltan Teszari, on Monday night announced its most painful business decision ever: the exit from its second most more

8 dec 2020

French-held Orange group, one of the largest actors in the world’s communications industry, plans to make significant investments in Romania in the next few years, having allocated EUR268 million to more

6 nov 2020

The deal European giants Deutsche Telekom and Orange have been negotiating over consolidation of their operations in Romania is one step away from an official announcement: Romtelecom, the fixed more

2 nov 2020

Sales of computers reached a decade high in Romania in the second quarter, as demand for technology skyrocketed due to the COVID-19 crisis, when companies, schools and authorities found themselves more

16 sep 2020

Bucharest-based Ideal Tech, which operates online computer and electronics store Ideall.ro, ended 2019 with growth in sales again, through the growth slowed down, Finance Ministry data show. more

4 sep 2020

Orange, the leader of the local telecommunications market, was the top profit maker in the entire IT and communications industry of Romania in 2019, posting 384 million lei profit, double as much as more

3 sep 2020

The five largest software companies in Romania posted 3.2 billion lei (EUR668 million) revenue together in 2019, an increase of 13% on the previous year and RON319 million net profit, ZF has found more

2 sep 2020

IT security solutions provider Bitdefender, one of the best known Romanian tech brands worldwide and the largest local software developer posted about 1 billion lei (EUR200 million) revenue as a more

3 iun 2020

The local subsidiary of China’s Huawei, the second largest actor on the smartphone market, expects steady growth in sales of laptops, a market segment the company started to focus on in Romania, in more

2 apr 2020

Romania’s smartphone market had stated the year with several percent rise in the number of units delivered and a significant rise in value, almost 20% before the coronavirus struck and the economy more

26 mar 2020

ETA2U, the largest IT&C integrator outside Bucharest, a company established 25 years ago and held by local entrepreneur Romulus Lucaciu, posted growth of 31% in revenue to RON314.6 million in 2019, more

18 mar 2020

The unprecedented situation created by the Covid-19 virus, which led to the closing of schools and made most institutions and companies allow most of their employees to work from home, has led to a more

5 mar 2020

TotalSoft, one of the most important providers of business IT systems in Central Europe, part of Turkey’s Logo group since 2016, posted more than EUR22 million revenue in 2019, almost 20% higher more

10 feb 2020

South Korea’s Samsung had its best year ever on the smartphone market in Romania in 2019, as its market share reached about 54% by volume, 6% higher than in the previous year, even though the more

23 ian 2020

The IT startup ecosystem is booming in Romania, which will become even clearer in the years to come as more and more private equity firms enter the market and the generations of entrepreneurs already more

18 dec 2019

Cable TV service provider RCS&RDS Digi, the leading actor on the local fixed Internet and cable TV markets with a share of more than 50%, has developed an infrastructure equal or greater to the former more

2 dec 2019

Cable TV provider RCS&RDS, the leading cable TV and fixed internet provider in Romania, with more than 50% share of the total number of customers, plans to strengthen control over the two segments of more

29 nov 2019

Taiwan-based Aten, one of the world’s largest manufacturers of connectivity and access management hardware, has chosen Romania to open its regional center that will supervise sales and repair more

25 nov 2019

Telecommunications group United Group, which has operations in seven countries in the region, is held by US-UK private equity firm BC Partners and has just signed the deal to take over Vivacom, more

30 sep 2019

The local computer (desktop and laptop) market saw 2% to 3% growth in terms of value this year, as customers chose better more expensive models, while the number of units sold dropped by a similar more

19 sep 2019

Germany’s Deutsche Telekom, one of the largest global actors on the telecom industry, is facing a longer drawn-out exit process in Romania than it would have liked, because the main entities more