01.27.2022

Private equity fund Sarmis Capital, established two years ago by several Romanian executives, has announced its second transaction on the local market by acquiring the majority stake in Smart ID more

10.20.2021

Startup Smart Fintech, launched two years ago by Mihaela Georgescu, Ana Maria Georgescu, Alexandru Cociu and Andrei Dumitru, marks a new premiere in Romania, becoming the first third-party provider more

07.12.2021

Germany’s DKV Mobility and Smart Diesel have announced completion of the deal whereby the former took over the latter, one of the largest entrepreneurial fuel businesses in Romania. more

06.29.2021

IT&C and home appliance wholesaler ELKO has announced the signing of an agreement to acquire the company IT Smart Distribution, which will help ELKO to consolidate an important position among the top more

05.13.2021

Romania’s Competition Council has approved the transaction whereby German DKV Group had acquired Arad-based Smart Diesel end-2020, the largest private filling station operator in Romania, founded by more

04.05.2021

French-held Smart Wood group, which makes wooden coffee stirrers and ice cream sticks, has almost completed its investment in a EUR10 million plant in Onesti, Bacau County. more

12.29.2020

German DKV Group has acquired Arad-based Smart Diesel, the largest private filling station operator in Romania, founded by Romanian entrepreneurs Ovidiu Andries and Daniel Imbre. more

12.04.2020

E.ON will be installing over 700,000 smart meters in Romania and some 2.5 million in Germania in the next ten years. Investments are meant to reconfigure and redesign energy systems with a view to more

07.07.2020

Some 900,000 customers of the companies part of Italy’s utility group Enel will have smart meters until the end of 2020, with investments in this program reaching nearly EUR51 million (some RON240 more

12.13.2019

As the Western countries are tending towards optimal use of green power via smart solutions, tomorrow’s consumer is no longer the traditional one but one that is involved, who considers environment more

06.03.2019

E-Distribuţie Muntenia, E-Distribuţie Dobrogea and E-Distribuţie Banat, the electricity distribution companies in Romania of Italian utility group Enel Group, will be installing more than 171,000 more

03.06.2019

Over half a million customers of state-owned power utility Electrica will have smart meters ion the next five years, said Livioara Sujdea, executive distribution manager. more

07.05.2018

French-held Engie, the largest natural gas distribution company in Romania, has acquired 60% in Flashnet, a company specializing in smart street lighting solutions owned by three Brasov entrepreneurs. more

05.03.2018

Arad-based Smart Diesel, the largest private filling station operator in Romania, posted 942 million lei (EUR202 million) revenue in 2017, 33% higher than in 2016. The profit stood at RON21.8 million, more

01.05.2018

The producer of Albert Smart Eggs posted a 15% growth in consolidated turnover in 2017, to EUR2 million, driven by higher egg prices in November and December and increased number of customers. more

11.21.2017

Italian utility group Enel will invest nearly EUR400 million in digitalizing the networks and processes of its electricity distribution activity in Romania from the beginning of 2018 until 2020, more

05.09.2017

Timisoara-based company AEM, specialized in manufacturing and supplying devices and meters used to measure electricity and natural gas, targets a turnover of EUR92 million in 2017, higher than more

05.09.2017

Electricity distribution companies of Enel group will install over 150,000 smart meters in 2017, in the regions where they operate in Romania – Muntenia Sud, Dobrogea and Banat, Enel said in a more

03.23.2017

Smart Bill, provider of billing and management accounting solutions, reported a turnover of over EUR1 million in 2016, one year after the investments from Catalyst Romania and Gecad Group. more

07.19.2016

Private filling station operator Smart Diesel says it will enter two new markets by yearend in addition to the 15 where its commercial customers can refill using the diesel cards issued by the more

06.10.2016

Once energy trading heavyweights, the ‘smart guys’ of the sector have become a shadow of the former selves, while Hidroelectrica is preparing to exit insolvency. more

03.22.2016

Telecom operator Orange doubled the sales of 4G devices in the smart shop opened last year in Cluj-Napoca, the company said in a statement Tuesday. more

08.18.2015

SMART SA, a subsidiary of Romania’s national grid company Transelectrica (TEL.RO), is to establish a subsidiary in Africa, in Tanzania. more

07.15.2015

Sales of TV sets stood at 350,000 units in the first half, about 6% more than in the year-ago period, and were worth 500 million lei (EUR113 million). Smart TV market share went up to 40% from 35% more

04.03.2015

Philips Lighting, the lighting systems division of the Dutch group Philips, and telecommunications equipment supplier Ericsson are in talks to install ‘smart poles’ in cities, i.e. street lighting more