Société Générale Services Center In Romania Eyes 50% Higher Turnover In 2017
09.19.2017
Société Générale European Business Services, the services center of French group Société Générale in Romania, registered revenue of nearly RON150 million in 2016, up 50% on the year, and has seen a constant annual growth of nearly 50% over the last three years.
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Adobe Sees Romanian Revenue Up 23% In H1 08.16.2018
Adobe Romania, the local software research and development center of the US giant by the same name, posted 79 million lei (EUR17 million) revenue... more
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Digi Communications 1H Net Profit Plunges 51% To EUR15M, Revenue Rises 4.8% To EUR475M 08.14.2018
Digi Communications (DIGI.RO) on Tuesday said its net profit plunged 51% to EUR15 million (RON70 million) and its revenue from the operations in... more
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MedLife Completes Acquisition of SfatulMedicului.ro Platform 08.14.2018
MedLife, leader of the private healthcare services market in Romania, announced Tuesday it has completed the acquisition of of the platform... more
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Top Five Video Game Developers In Romania Posted Over EUR100M Revenue In 2017 08.13.2018
Romania’s game development industry is dominated by multinationals and the four largest such companies in the country by revenue in 2017 are the... more
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Bogdan Putinica, Enea Services Romania: IT Industry May Generate 10% Of GDP In A Few Years 08.08.2018
The IT&C sector, which has become the star of the Romanian economy in recent years, has the potential to grow to 10% of the GDP in the next few... more
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evoMAG Targets EUR25M Sales in 2018 08.03.2018
Evolution Prest Systems, which operates online retailer evoMAG, one of the top ten online retailers in Romania, seeks to raise its sales by 40%... more
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Endava Starts Trading on New York Stock Exchange 08.01.2018
Software and IT service provider Endava opened for trading on July 27 on the New York Stock Exchange (NYSE) under the ticker symbol “DAVA”... more
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Nearly Half of Romanians Buying Online Prefer Payment on Delivery 07.30.2018
Romanians, as most Europeans, are more and more attracted to online payments, but nearly half of Romanians (46%) making online purchases prefer to... more
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Orange Romania 2Q Turnover Grows 3.4% to EUR275M 07.26.2018
Telecom operator Orange Romania said Thursday it had a turnover of EUR275 million in the second quarter, 3.4% higher compared with the same period... more
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Bittnet Acquires 51% of Elian Solutions 07.25.2018
Bittnet Systems (BNET.RO), the first Romanian IT company listed on the Bucharest Stock Exchange, has completed negotiations to acquire 51% of Elian... more
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ING Launches Mobile Payment App For Retail Customers 07.23.2018
ING Bank Romania on Monday launched ING Pay, a mobile phone payment service for retail customers, currently available for 4.4 Android smartphones. more
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Vola.ro 1H/2018 Turnover up 18.5%, to EUR4.2M 07.17.2018
Online travel agency Vola.ro said Tuesday it had a turnover of EUR4.2 million in the first half of the year, up 18.5% compared with the same period... more
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Allview: Revenue Halved Because We Dropped Cheap Smartphones From Our Product Lineup 07.17.2018
The sales of Visual Fan (Allview) in Brasov saw an abrupt decline from 306 million lei (EUR66 million) to RON157 million in 2017, mainly due to the... more
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Vitacom Electronics Sells RON25M Worth Of Electronic Products In 1H/2018, 17% More YOY 07.16.2018
Cluj-based importer and distributor of electronic products and accessories Vitacom Electronics reported sales of RON25.3 million in the first half... more
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Gabriela Matei Leaves Microsoft Romania After Two Years In Office 07.12.2018
Microsoft Romania General Manager Gabriela Matei will leave the tech giant at the end of July after two years in office, the company said in a... more
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Orange Group To Approach Expansion Of Fixed Services In Romania Pragmatically 07.12.2018
French-held Orange group, one of the largest actors on the global telecom market, will ‘very pragmatically’ calculate the expansion steps it... more
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Ubisoft Headcount In Romania Up To Over 1,700 In H1 07.11.2018
Ubisoft Romania, the local subsidiary of the French video games developer and publisher, hired 270 people in the first half to staff all its... more
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PC Garage Sees Sales Up 22% In 2017, Overtakes Cel.Ro 07.09.2018
PC Garage, which runs one of the largest online computer and electronics products stores in Romania and became part of the eMAG group last year,... more
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Bittnet Raises RON4.7M Selling Corporate Bonds via Private Placement 07.05.2018
Bittnet Systems (BNET.RO), the first Romanian IT company listed on the Bucharest Stock Exchange, has raised RON4.7 million selling corporate bonds... more
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Vodafone Romania Technologies Top Employer Among IT&C Companies In Romania In 2017 07.04.2018
The services center of UK’s Vodafone group, cable TV provider RCS&RDS and the Italian call-center service provider Almaviva hired most people of... more
Lender ING Bank Romania on Tuesday reported a net profit of RON345 million for the first half of 2018, on higher revenues and lower
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Hotels, pensions, lodges and motels in Bucharest and in the Constanta and Brasov counties posted more than 2.5 billion lei (EUR538
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Romania’s game development industry is dominated by multinationals and the four largest such companies in the country by revenue in
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Sales of durable goods on the Romanian market rose 11.8% in April-June 2018, to EUR700 million, mostly backed by the telecom segment,
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The 20 largest companies that went insolvent in the first half of 2018 posted 1.5 billion lei (EUR324 million) revenue and had about
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The investment volume in the first half of 2018 amounted to around EUR386 million in Romania, down 27% from the same period of the
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The Bucharest Stock Exchange increases the maximum number of companies in its BET index and its total return version BET-TR from 15 to
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C&W Echinox: Romania's Real Estate Market Attracted EUR386M Investments in 1H/2018
The investment volume in the first half of 2018 amounted to around EUR386 million in Romania, down 27% from the same period of the previous year, when the investment market reached a value of EUR530 million, according to Cushman & Wakefield Echinox calculations and estimates.
