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

15 mar 2017

UPC Romania, the second leading cable TV operator and third leading fixed Internet provider in this country, plans to continue expanding its fixed network at the same pace of 250,000 to 300,000 more

14 mar 2017

The former Romtelecom witnessed its toughest restructuring move, when more than 20,000 people were laid off, as well as its highest growth on the TV and fixed Internet segments during the terms of more

13 mar 2017

RCS&RDS group is close to the listing on the Bucharest Stock Exchange, an operation that would put 20% to 30% of the cable TV, Internet and mobile telephony operator on the market. more

7 mar 2017

The largest independent actor on the local cable TV market, which operates under the AKTA brand via two companies – Digital Cable Systems (DCS) and AKTA Telecom, will invest EUR17 million this year more

2 mar 2017

Telekom Romania needs to stop thinking like an ‘engineer’ and embrace a ‘challenger’ mindset to end the revenue decline and return to growth on all key segments, as the group has a fixed and more

24 feb 2017

Naspers, one of the most powerful electronic commerce groups in the world, will expand to new areas on the online classifieds market in Romania, as part of an expansion strategy that takes into more

10 feb 2017

Webhelp Romania, the local subsidiary of the French call center-type services provider, in December got approval for 17 million lei (EUR3.8 million) state aid to create 457 jobs in two services more

7 feb 2017

The number of smartphone users in Romania will go up by several million over the next two years, and reach 80% of the total mobile telephony services customers from the current 60%. This will in turn more

30 ian 2017

MobiUp Distribution, the mobile phone accessory distribution and sales company of Arsis Trading – the largest independent telecom equipment and services retailer in Romania, posted EUR9 million more

26 ian 2017

US-held Amazon, world’s largest online retailer, seeks to rent 10,000 square meters of office space in Bucharest, enough to accommodate at least 1,000 employees, sources close to the company say. more

24 ian 2017

Some of the IT companies in Cluj will be affected by the decision of the Grindeanu/Dragnea government to drop the social security and health insurance tax cap (the tax had been previously due for no more

16 ian 2017

Following the drop of the social security and health insurance tax cap, a paragraph that is open to interpretation from a law issued during the Ciolos Government raises doubts about the tax exemption more