Digi's RCS&RDS Borrows EUR150M from Bank Syndicate
12.16.2020
RCS&RDS, part of Digi Communications, has signed a senior facility agreement for two loans amounting to EUR150 million with a banking syndicate consisting of Citigroup Europe- Dublin Romanian Branch, ING Bank-Bucharest Branch and Unicredit Bank, to refinance previous loans and for investments.
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Connections Consult's Operating Income Up 21% YoY To RON20.8M In 1H/2022 today, 15:10
Connections Consult (CC.RO), a Romanian company specialized in providing software and IT services, said in a stock market report that it ended the... more
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ANCOM Expects at Least EUR450M from 5G Auction This Fall 09.23.2022
The authorities in Bucharest expect the largest sale of radio frequency spectrum since 2012, the so-called 5G auction to be held this fall, to... more
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Study: European Commission May Miss Target To Have 100 Smart And Climate-Neutral Cities By 2030
09.22.2022
Urgent policy measures including adequate funding, the creation of smart city task forces and the availability of high-quality connectivity will be... more
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Orange Romania Expands Its 5G Network To Sibiu 09.22.2022
Orange Romania, the leader of the Romanian telecom market, has expanded its 5G network to the central city of Sibiu, the company said in a statement. more
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PwC Romania Assisted Profi In Implementing IT Solution To Streamline HR Processes 09.21.2022
PwC Romania has assisted grocery retailer Profi in the process of digital transformation and optimization of its Human Resources Department by... more
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Medtech Start-Up XVision Changes Brand Identity to Rayscape 09.21.2022
Local start-up XVision, which has developed a platform based on artificial intelligence algorithms that helps radiologists in reviewing and... more
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Deloitte: Increasing Share Of Employees Whose Roles Changed Following Implementation Of Intelligent Automation Solutions 09.21.2022
The share of employees across the globe who have seen their roles change following the implementation of intelligent automation solutions continues... more
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Poland’s Spyrosoft Solutions Plans To Reach 100 IT Experts In Romania By End-2022 09.20.2022
Poland’s software engineering company Spyrosoft Solutions plans to reach 100 IT experts on the Romanian market by the end of 2022, company... more
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The Prospect Of A Global Economic Crisis Hinders Development Of Romanian IT Market 09.20.2022
The war in Ukraine has changed the dynamics of the Romanian IT industry – from a high demand for programmers and projects that required fast... more
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Romania Launches EUR700M Tender For 5G Frequency Bands 09.20.2022
Romania’s communications market regulator ANCOM has launched a tender for the radio spectrum dedicated to new generation 5G electronic... more
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McKinsey: Romania’s Digital Economy Likely to Grow 3.5 Times in Next 8 Years To EUR52B 09.20.2022
Romania’s digital economy is likely to grow 3.5 times by 2030, to around EUR52 billion, from RON14.8 billion in 2021, with IT&C investments and... more
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Verifone Romania Set To Hire 50-60 More People By End-2022 09.19.2022
Verifone Romania, fintech leader of complete global payment and commerce solutions, plans to employ at least 50 more people by the end of 2022. more
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TotalSoft Plans To Reach Some 650 Employees At End-2022 09.19.2022
TotalSoft, one of the most important software producers on the Romanian market, plans to reach some 650 employees until the end of 2022. more
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Roxana Piciorea Appointed Business Unit Director At Alten Romania 09.19.2022
ALTEN Romania, the local subsidiary of French multinational technology consulting and engineering company Alten, on Monday announced the... more
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Romanian Software Developer Bento Posts Flat Revenue, 27% Higher Profit in H1 09.16.2022
2B Intelligent Soft (Bento), a Romanian entrepreneurial company specializing in the development and implementation of software solutions and the... more
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Romania Ranks 34th Globally By Digital Quality Of Life 09.14.2022
Romania places 34th in the world by overall digital wellbeing, according to Surfshark’s Digital Quality of Life Index 2022. The country's ranking... more
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Metaminds Eyes EUR35M Turnover At End-2022 09.14.2022
Metaminds, a Romanian integrator of cybersecurity solutions and complex IT solutions, estimates a EUR35 million turnover at end-2022, company... more
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Kaufland Romania 2022 Investment Budget Nears EUR400M, a Decade-High 09.13.2022
Valer Hancas, communications and corporate affairs manager at Kaufland Romania, says the company has invested EUR300 million annually on average.... more
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Flip Technologies Hits RON65M Turnover in 1H/2022, Three Times 1H/2021 Level 09.12.2022
Flip Technologies, a marketplace for the purchase and sale of refurbished mobile telephones, in the first six months of 2022 posted turnover worth... more
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Elian Solutions, Part of Bittnet Group, Sees Turnover Double in 1H/2022, To RON5.5M 09.07.2022
Elian Solutions, part of Bittnet group, a provider of ERP business solutions, doubled its revenues in the first half of this year, to RON5.49... more
Real estate investments in Romania neared EUR900 million in 2021, with over a third of the amount transacted being recorded in the last
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The Romanian equity of Germany’s group Metro is valued at EUR225 million, in line with data presented in a company report.
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One United Properties (ONE.RO), one of the leading green developers of residential, mixed-use and office real estate in Romania, has
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House prices per square meter in Romania are undervalued by almost 30% compared to house prices on other real estate markets in Europe,
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Five new companies listed on the Bucharest Stock Exchange will be included in the FTSE Russell index series dedicated to Emerging
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Bistrita-based Datacor plans to develop greenfield-type photovoltaic projects in Transylvania, with total 50MW capacity, as the system
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CTP, the biggest developer and manager of industrial and logistics space in Romania, has over 270,000 square meters under construction
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Ford’s assembly facility in Craiova has produced one million vehicles between 2009 and 2021, in the amount of EUR18 billion, of which
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Poland’s group CCC is bringing in Romania in 2022 the HalfPrice brand, which will operate on the fashion outlet segment, according to
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What Chances Do Romanian Entrepreneurial Companies Stand to Become “Multinationals of the East”?
A rising number of companies, not just from the tech field, are exporting their business model abroad, gaining new markets and strengthening their operations, acting as genuine “multinationals” of the East. Is this concept functional at present and can it be used in any field?