31 iul 2023

Romania’s smartphone market in the first half of this year revolved around 1.6 million units, down by volume from the year-earlier period, but up by value, with sales totaling EUR560 million, up 20% more

26 iul 2023

Bunnyshell, the local startup that has developed an Environment as a service (Eaas) platform, is in the middle of a funding round totally worth EUR4 million, with EUR3.5 million coming from current more

19 iul 2023

Online hypermarket Freshful, part of eMAG group, in the first half of this year posted 2.4 bigger sales than in the same period of 2022, with fruit and vegetables accounting for over 15% in total more

7 iul 2023

Romania’s fintech startup Key Way Group, which has developed a trading platform for CFDs under CAPEX.com brand, has acquired WiredMarket.com broker of Greece, thus marking its first acquisition and more

27 iun 2023

PC Garage, the company managing one of the largest online computer and electronics stores in Romania, part of eMAG group, for 2022 reported net turnover of RON319 million (EUR64.8 million), slightly more

15 iun 2023

Online retailer DY Fashion, founded 11 years ago by local entrepreneurs Irina and Dragos Aipu, bets on 15% turnover growth this year as the business already expanded by around 15-20% in early 2023. more

14 iun 2023

Local company TARA Interactive, specialized in software development, is currently devising an application for the US healthcare system that is set to provide secured access to patients’ medical more

12 iun 2023

HP Inc. Romania, the local subsidiary of the US computer and printer supplier and IT services provider of the same name, for 2022 reported turnover worth RON536.8 million (EUR108.8 million), up 29% more

6 iun 2023

Local company EXE Software, specialized in software solutions development, ended 2022 with turnover of RON30.7 million (EUR6.2 million), up 16-17% from 2021, in line with its target. more

29 mai 2023

Local sales of PCs dropped by almost 16% in the first quarter of this year in terms of units against the first three months of 2022, in line with IDC data, as both companies and end users are more

24 apr 2023

South Korean giant Samsung kept its leading position on the local mobile phone market last year with a 53% share by unit number and around 45% by value. more

12 apr 2023

Profluo, a startup that builds machine learning technology for the automatic processing of accounting documents, plans to expand its client portfolio in 2023 from 150 to around 500 and thus increase more

7 apr 2023

iStyle, the largest Apple Premium Reseller store network of CEE, part of Midis group, in 2022 reached EUR111.5 million turnover in Romania, up 39% from 2021. more

3 apr 2023

Amazon Development Center, the development center of US giant Amazon in Romania, with offices in Bucharest, Iasi and Timisoara, for 2022 reported net turnover worth above RON610 million (around more

24 mar 2023

Local startup easySales, which has set up an automated B2B management and e-commerce platform, has attracted new funding from Fortech Investments, which became a minority stakeholder. more

23 mar 2023

Aqurate, a local startup developing an AI-powered platform for ecommerce data analysis, plans to boost its recurrent revenues four-fivefold this year as it will increase the number of ecommerce more

9 mar 2023

Poland-held BLIK, which has developed a cashless payment system, has recently entered the Romanian market, the second largest market in Central and Eastern Europe. more

17 feb 2023

Local startup Druid, founded in 2018 by local entrepreneur Liviu Dragan, plans to raise new funding this year, worth around EUR20 million, and is already in talks with investment funds of the US and more

15 feb 2023

The TechAngels group of private investors, focused on supporting technology startups in Romania and the region, in 2022 invested EUR5.679 million overall, 36% less than in 2021. more

13 feb 2023

Underline Ventures, the newest investment fund in Romania that supports tech startup development, plans to keep up the pace of 2022 this year and fund 4-5 tech companies with a total of EUR2-2.5 more

10 feb 2023

German-held Hays Technology Solutions, specialized in tech solutions developments, has opened its second office in Romania: a research-development center in Timisoara, where it plans to hire over 70 more

14 dec 2022

Nestor, a local startup that developed a people intelligence platform, expects to end 2022 with twice as high revenues as in 2021 as 2022 has been a lucrative year for the company. more

15 nov 2022

Cegeka Romania, the local subsidiary of Belgian IT group of the same name, has not reached an 830-employee team, with the number of employees rising by over 100 since the beginning of this year as the more

4 nov 2022

Romania’s smartphone market will hit a value of around EUR1.3 billion at end-2022, up 20% from 2021 as the premium segment is gaining ever more ground. Premium smartphone sales now account for half more

3 nov 2022

Local startup easySales, which which set up an automated B2B management and e-commerce platform, expects to reach annual recurrent revenues of around EUR700,000 at end-2022 as its team is now focusing more