24 apr 2019

The costs of building 5G mobile communications networks with a similar coverage and quality as the current 4G infrastructure, of more than 90% of the population, could amount to EUR1 billion per more

15 mar 2019

India’s Infosys, which specializes in providing outsourcing IT solutions and services, will be hiring more than 300 people in Romania soon for its digital innovation center recently inaugurated in more

27 feb 2019

The smartphone market in Romania reached 4.7 million units last year, 4% more than in 2017, as the market is maturing, and growth will no longer come from volume but from sales of premium models. more

12 feb 2019

Romania is no longer a cheap location to open outsourcing services centers like it was five years ago, but rather a destination with fair costs or even high compared with other countries in the world, more

8 feb 2019

Evolution Prest Systems, the company that runs the online store evoMAG.ro, a top ten computer and electronics retailer on Romania’s e-commerce market, posted 15% growth in revenue to EUR21 million more

16 ian 2019

Dutch-held online food delivery marketplace Takeaway.com is now working with about 800 restaurants in Romania, 200 more than almost a year ago when it took over the local start-up Oliviera.ro. more

5 dec 2018

SAP Romania, the local subsidiary of the German-held business software solutions developer, has grown to 704 employees in the three local centers in Bucharest, Timisoara and Cluj-Napoca, more than 130 more

2 nov 2018

Romania’s TV set market will overshoot the 1.7 million unit mark this year, up from the 1.5 million-unit sales of 2017, following an about 16% rise in January-September sales and considering that more

17 oct 2018

The local IT industry is currently employing 110,000 people, and most of them work in IT outsourcing and support centers that multinationals opened in Romania in the last few years. Over the next 14 more

16 oct 2018

Telecom operators on the local market will have separate budgets for the acquisition of 5G licenses from the auction the Romanian government is to hold some time towards the end of next year and more

16 aug 2018

Adobe Romania, the local software research and development center of the US giant by the same name, posted 79 million lei (EUR17 million) revenue in the first half, 23% higher than in the year-ago more

13 aug 2018

Romania’s game development industry is dominated by multinationals and the four largest such companies in the country by revenue in 2017 are the local subsidiaries of French-held Ubisoft, of US’ more

20 iul 2018

Online fashion retailer Fashions Days held by local company Dante International, which also operates eMAG, plans to grow sales at a higher rate than the rest of the market this year 7% to 8% and more

11 iul 2018

Ubisoft Romania, the local subsidiary of the French video games developer and publisher, hired 270 people in the first half to staff all its divisions – development, testing and IT, for a total more

19 iun 2018

IT security solutions provider Bitdefender, the most famous Romanian hi-tech brand in the world and the largest software developer of the country, held by entrepreneurs Florin and Mariuca Talpes, more

8 iun 2018

Asus Romania, the local subsidiary of the Taiwanese electronics manufacturer, has increased revenue to about EUR130 million in 2017, and its 2018 target is EUR140 million. The company relies on the more

22 mai 2018

US-held Adobe, one of the largest software companies in the world, seeks at least 10% growth in revenue in Romania this year, to more than EUR33 million. more

8 mai 2018

Online sales in Romania are expected to reach EUR3.9 billion this year, 40% higher than in 2017, when the local electronic commerce market stood at EUR2.8 billion, the Romanian association of online more

3 mai 2018

Belgian-held software solutions and IT infrastructure provider Cegeka ended last year with EUR21.5 million revenue in Romania, an increase of about 13% on 2016, when revenue stood at almost EUR19 more

1 mai 2018

TV sales reached 1.5 million units in Romania in 2017, slightly up on 2016, when they stood at 1.4 million units. The average price was about 1,200 lei (EUR257), so a TV sold for RON1,275 on average more

18 apr 2018

Revolut, the fintech startup established in the UK almost four years ago, which gives smartphone users an option to the traditional bank accounts and cards, is officially launching operations in more

16 apr 2018

Cluj-Napoca-based car sharing startup GetPony posted 50% higher revenue in 2017, while the number of trips was 70% higher. The company was established by entrepreneurs Iulian Padurariu and Demis more

13 apr 2018

US-based audio systems manufacturer Harman plans to increase headcount in Romania to 700 people in the next two years, more than double the current number. Harman’s research and development center more

11 apr 2018

US-held Adobe, one of the largest software companies in the world, plans to expand its team in Romania by another 100 people this year, most of whom will go to the technical departments, as the local more

13 mar 2018

FashionUP, one of the leading online fashion retailers in Romania, posted growth of 40% in revenue to more than 30 million lei (EUR6.5 million) in 2017. more