6 iun 2022

Telekom Romania Communications, the former fixed telephony monopoly Romtelecom, returned to net losses and posted lower revenue in 2021, the year it became part of France’s Orange Group, which more

6 iun 2022

Romania’s telecom market leader Orange saw its net profit grow almost six times faster than its revenue in 2021, data on the Finance Ministry website show. more

27 mai 2022

Greek company Entersoft, a major player on the business software solutions markets of Greece and southeastern Europe, has acquired the majority stake in BITSoftware, a renowned supplier of business more

24 mai 2022

GTS Telecom, a provider of communication services focused on the corporate market, in 2021 posted 48% higher turnover. more

6 mai 2022

Amazon Development Center, the development center US giant Amazon owns in Romania, with offices in Bucharest, Iasi and Timisoara, in 2021 posted turnover worth RON555 million (EUR112.9 million), up more

6 mai 2022

US Apple and South Korea’s Samsung, two companies with high ambitions on the wearable gadget market, in 2021 suffered a surprising defeat by China’s Huawei, which managed to grab around a quarter more

4 mai 2022

A company of Brasov, founded in 2013 by two brothers, Tudor and Alexandru Iliescu, which has become, with its Mondly brand, a global leader on foreign language learning app market, has been acquired more

2 mai 2022

Sweden’s Ericsson, one of the world’s biggest suppliers of equipment, software and services for telecom operators, got the ok from Romania’s National Defense Council (CSAT) to sell and install more

25 mar 2022

Local startup easySales, which set up a B2B platform for automating and centralizing e-commerce activities, has entered the Hungarian market and is integrating DHL Express services as well as global more

25 mar 2022

French group Orange has a long-term plan for Romania’s market and is poised to step up local investments to keep its leading position on the segment of mobile telephony and also gain ground in the more

23 mar 2022

A major European IT group is likely to directly enter the ranking of Romania’s 20 biggest tech employers with the opening of a center for which it plans to recruit several hundred people. more

11 mar 2022

France's Orange Group, one of the biggest players in the global communications market, has asked Greece’s OTE to lower the final price for the majority stake in former fixed-line monopoly Romtelecom more

28 feb 2022

Orange, the leader of the local telecom market, has announced the start of a new phase of its integration plan with the former fixed telephony monopoly Romtelecom, after having bought the majority more

21 dec 2021

mindit.io, a Romanian company specializing in software development, will end 2021 with turnover worth around RON45 million, 40% higher than in 2020. more

13 dec 2021

Bitdefender, one of the first private software companies established in Romania after the fall of communism, as well as one of the largest local software businesses and a key player in the global more

1 dec 2021

Ovidiu Ghiman, one of the best-known executives in the local communications industry and former head of B2B unit of Telekom Romania group, has launched together with Felix Crisan and Bogdan Almasi, more

23 aug 2021

Romania’s smartphone market continues to grow and should reach EUR1.2 billion by yearend, as people allocate higher and higher budgets for premium models, since the smartphone has become a device more

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