5 apr 2024

The Romanian subsidiary of China’s telecom equipment maker ZTE for 2023 reported RON79.4 million turnover, up 40% from 2022, in line with Finance Ministry data. more

26 mar 2024

The Bucharest technology and operations center of London Stock Exchange Group (LSEG) has reached 1,000 employees and the company has expansion plans for 2024 as well. more

22 feb 2024

Telekom Romania Mobile (TKRM), the fourth mobile telephony operator in Romania, posted EUR77.5 million revenue in the fourth quarter of 2023, up 6.2% year-on-year, mainly reflecting the sharp increase more

22 feb 2024

DRUID AI, the tech startup founded by entrepreneur Liviu Dragan in 2018, in 2023 registered annual recurrent revenues worth $13 million. more

7 feb 2024

FintechOS, one of the best-known tech startups launched locally, a tech provider for banks, insurers, lending institutions and financial services companies, in 2023 posted 40% revenue increase, below more

22 ian 2024

World’s largest mobile virtual network operator (MVNO) Lyca Mobile, based in the UK, shut down its operations in Romania at the end of last year, eight years after launch, blaming an increase in more

12 dec 2023

Star Storage, a provider of cloud services and IT infrastructure, document digitization and automation, has announced it filed for insolvency in order “to restructure the debts accumulated during more

8 dec 2023

Belgium’s SD Worx Group, the main provider of human resources and payroll solutions in Europe, has acquired Romanian Software, the leading Romanian provider of payroll software and human capital more

4 dec 2023

FintechOS, one of the best-known tech startups launched locally, a tech provider for banks, insurers, lending institutions and financial services companies, for the Romania entity reported RON86.9 more

28 nov 2023

China-held OPPO, one of the world’s biggest players on the smartphone market, which entered Romania market in 2020, reached a 5-6% share of the local smartphone market in the first ten months of more

22 nov 2023

Entrepreneur Adrian Tomsa, who leads a group of investors negotiating the takeover of mobile telephony operator Telekom Romania Mobile from Greece’s OTE and Germany’s Deutsche Telekom, says that more

16 nov 2023

Deutsche Telekom (Germany) and OTE (Greece) have signed an agreement to sell Telekom Mobile Romania to Clever Media Network, a group controlled by entrepreneur Adrian Tomsa, which owns Prima TV and more

9 nov 2023

Telekom Romania Mobile’s total revenue shrank 7.4% to EUR71.1 million in the third quarter of 2023 compared with the year-ago period, while adjusted EBITDA was 63.5% lower, EUR4.6 million compared more

6 nov 2023

Vodafone, a major player on Romania’s IT&C market, is starting to see the transformation plan launched several years ago bear fruit: revenues are rising on a declining market, and the company boasts more

27 oct 2023

Avaelgo, an IT solutions provider based in Timisoara and one of the locally relevant partners of Microsoft, has received a "significant strategic investment" from IPS Solutions, a software group more

28 sep 2023

Autonom group, founded by brothers Marius and Dan Stefan, is readying to launch, in October, a new ridesharing service, called Blue, which will thus enter competition with players such as Uber, Bolt more

27 sep 2023

Andreea Magraon, who started her career as a Ziarul Financiar journalist and then served as marketing manager for Trust communications agency, FlixBus and Bolt, has joined online supermarket Sezamo, more

25 sep 2023

US premium sound system maker Sonos chose northern Bucharest to open its first store in Romania at the end of last week, as part a plan to expand in the region, a market it sees as having potential. more

20 sep 2023

Austria’s Kontron Group has bought a piece of the former UTI empire – one of the groups that used to be a key player in the area of IT and security solution contracts awarded by the public sector, more

19 sep 2023

Flip Technologies, a Romanian startup which operates as a marketplace for refurbished smartphones, has expanded operations to Greece, after having previously entered Bulgaria and Hungary. more

19 sep 2023

Stripe, an Irish-American fintech valued at $50 million that has globally developed an infrastructure allowing companies to accept payments by card but also via different local platforms, has opened more

12 sep 2023

Druid AI, a startup developing AI-powered intelligent virtual assistants for companies, established by a team led by entrepreneur Liviu Dragan in 2018, has secured new funding – a series B round of more

21 aug 2023

Adservio Social Innovation SRL, the company behind learning platform Adservio, for 2022 reported RON10.09 million turnover, up 125% on the year. more

17 aug 2023

Startup Cyscale, a Cluj-based software developer of data protection solutions and applications in the cloud, in 2022 posted turnover worth RON2.3 million in Romania, against zero turnover in the more

4 aug 2023

UiPath, the first Romanian IT company listed on Wall Street, has cemented its position as the biggest tech company on the local market by turnover after raking in a RON2.27 billion result in 2022, up more