21 nov 2024

Online retailer Evomag, one of the main players in the local IT&C market, recorded orders of EUR7 million during the Black Friday 2024 campaign, which ran from October 25 to November 11, an increase more

12 nov 2024

Inter Computer Romania, part of Hungary's Inter Computer Group (IC Group), posted EUR3 million revenue in the first nine months of 2024, achieving its full-year target as early as in the third more

24 sep 2024

Romanian startup Pentra (formerly Pentest Copilot), which was among the finalists of the Innovation Labs 2024 and was selected by Early Game Ventures to get funding, has recently received the more

17 sep 2024

Hungary-based startup Munch, which provides an application designed to help curb food waste and entered the Romanian market this spring, is expanding operations in the country to Iasi, where it more

11 sep 2024

Romanian-British start-up Ogre AI, which specializes in providing artificial intelligence-based forecasting solutions for the energy sector, has reached a total investment of EUR6 million after more

11 sep 2024

In the first six months of this year, the members of TechAngels - the largest network of business angels in Romania, have invested a total of more than EUR1 million in technology start-ups, more

10 sep 2024

Türkiye-based Trendyol, which created a marketplace platform for fashion and other products that can be sold online, has grown to 500,000 customers and 3 million products sold in Romania in eight more

20 aug 2024

Cluj-Napoca-based start-up SocialBee, which developed an AI platform for managing social media accounts, has been acquired by Luxembourg’s WebPros Group, a player specialized in providing web more

13 aug 2024

Printec Group Romania, one of the largest providers of payment solutions for the banking industry in Romania, posted RON105.6 million (EUR21.2 million) revenue in 2023, 4% lower than in 2022, Finance more

30 iul 2024

Slovenian startup Leanpay, which has been present in Romania with its Buy Now Pay Later (BNPL) digital lending solution since 2023, has raised a new series B round of funding worth EUR10 million. more

22 iul 2024

Venture capital firm Early Game Ventures (EGV) has invested EUR1 million in AI startup CogniSync, which develops software technology that helps streamline workflows to support fast growing companies more

15 iul 2024

Digital Keez SRL, the accounting tech startup held by Norway’s Visma, posted significant increase in revenue, by 62% to RON13.2 milion (EUR2.6 million), in 2023 compared with 2022., Finance more

5 iul 2024

Phonetastic GSM a local distributor of smartphones, gadgets and other IT&C equipment, posted RON200.3 million (EUR40.3 million) revenue last year, 27% lower than in 2022, Finance Ministry data show. more

3 iul 2024

Video game development industry in Romania has been dominated by multinationals for many years, as the top actors are still Electronic Arts (US), Ubisoft (France) and Gameloft (France), but two more

2 iul 2024

Adobe Systems Romania, the local subsidiary of the US group by the same name, one of the largest software businesses in the world, posted RON444 million (EUR89 million) revenue in 2023, an increase of more

10 iun 2024

Electronics Suport Division (ESD ROM), a company specializing in repair services owned by entrepreneurs Mihai Oleinic and Bogdan Bunda, in 2023 posted a 20% turnover decline to RON23.9 million. more

6 iun 2024

The local TV set market in 2023 remained relatively steady both by sales volume, of around 1.3 million units, and sales value, which neared EUR400 million, in line with data provided by the local more

4 iun 2024

Samsung Electronics Romania, the local subsidiary of the South Korean giant that leads the global smartphone market, last year registered net turnover worth RON5.6 billion (EUR1.1 billion), slightly more

22 mai 2024

Local company Senior Software, which specializes in development and integration of IT systems for business management, in 2023 generated net profit worth over RON10 million, up 44% year-on-year. more

20 mai 2024

Veeam Software Romania, the local subsidiary of the US provider of solutions ensuring data availability and recovery, for 2023 reported turnover worth RON330.4 million (EUR66.4 million), up 25% from more

10 apr 2024

Floria.ro, one of the largest online flower stores in Romania, posted sales of more than EUR900,000 in the first quarter of this year, up 5% compared with the same period in 2023. more

23 feb 2024

OVES Enterprise, a software development company and drone manufacturer, is expanding its drone production and investing EUR100,000 in a new line dedicated to manufacturing small-sized drones equipped more

23 feb 2024

US-held Uber, which operates one of the largest mobility platforms worldwide, on Thursday announced the launch of UberX Share service in Romania, in Bucharest, at the same time as in Poland, Warsaw more

19 dec 2023

Romanian company IT Genetics, part of the ITG group, which specializes in supply chain equipment and software solutions, has invested around EUR250,000 in an e-commerce platform dedicated to the more

22 nov 2023

Smartphone sales in Romania will reach almost EUR1.5 billion at the end of 2023, an increase of some 8% on 2022, while the volume will continue to shrink, with the decline estimated at some 6% for the more