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

26 nov 2013

Romanian online computer and electronics retailers eMag.ro, cel.ro, PC Garage group, f64.ro and evomag.ro saw more than EUR31 million sales at this year’s Black Friday, higher than last year, more

25 nov 2013

Romanians shook off their shopping gloom for the Black Friday three-day weekend and bought products of around EUR70 millions of euros from traditional and online IT &C retail, up from last year. more

22 nov 2013

eMag, the largest IT&C retailer in Romania, which last year generated sales of EUR165 million, will be the command center of South African Naspers group’s expansion to other European markets on the more

20 nov 2013

RCS&RDS, held by Romanian entrepreneur Zoltan Teszari, won about half a million new clients for fixed internet services in two and a half years, and now controls half of this market segment, according more

14 nov 2013

Romania’s personal computer (PC) market (desktops, laptops and servers) dropped 10% to 160,000 units in the third quarter and it could see a slight decline for the whole of 2013, Aurel Netin, more

13 nov 2013

Software companies operating in Romania currently employ some 60,000 people and about 80% of them have technical education. Some 90% of programmers and engineers work in outsourcing or in a business more

8 nov 2013

Orange, the leading mobile telephony provider in Romania, will launch an app store in the first quarter of 2014, which will enable customers to buy software for smartphones and tablets and pay for it more

7 nov 2013

Greek OTE group and the representatives of Romania’s Ministry of Communications and Information Society at the end of August discussed about the use of the EU70 million net profit Romtelecom made more