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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ANCOM: Over 4.2 Million Phone Numbers Ported In Romania In Nine Years 10.19.2017
Over 4.2 million phone numbers were ported in Romania since the launch of the portability service nine years ago in October 2008, of which over 3.5... more
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Epson: Video Projector Sales Down More Than 30% In H1 10.18.2017
The video projector market in Romania dropped by more than 30% in the first half compared with the year-ago period, reaching only 7,700 units, as... more
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Posta Romana Seeks Potential Credit Line from EIB 10.17.2017
Romania's state-owned postal operator Posta Romana could get a credit line from the European Investment Bank, the communications ministry announced... more
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Avenir Telecom: Average Price Of Cellphones Sold In Romania Up From RON600 To RON750 In Three Years 10.17.2017
Sales of cellphones in Romania are almost flat this year, but people are spending more on handsets, as the average price including VAT reached 750... more
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Three Romanian Firms Make It Into 2017 Deloitte Technology Fast 50 Ranking For CEE 10.16.2017
Three companies in Romania made it into this year’s Deloitte Technology Fast 50 ranking for Central and Eastern Europe, and a fourth company was... more
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Luxoft Romania Extends Office Space Lease Until 2025 10.09.2017
Software developer Luxoft Romania, the local subsidiary of Russian developer Luxoft, has extended its office space lease contract until 2025 and... more
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Diebold Nixdorf: We Sold More Than 2,000 ATMs In Romania In The Past Two Years 10.04.2017
Diebold Nixdorf, a company created a year ago following the merger of the main providers of IT solutions for banks and retailers (ATMs, POS-es and... more
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ING Software Development Center Headed Towards 500 Employees 09.29.2017
ING Software Development Center, the software development center in Romania that serves all the subsidiaries of the Dutch group throughout the... more
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Government Approves 5-Year Reorganization Plan for Posta Romana 09.28.2017
Romania's government has approved a five-year plan to reorganize state-owned postal operator Posta Romana and render the company profitable, the... more
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Fashion Days Turnover Up 60% in Jan-Aug, to EUR41.5M 09.25.2017
Fashion Days, one of the top retailers on the Romanian online fashion market, had a turnover of EUR41.5 Million in January-August in Romania,... more
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Romania Sees Constant Unreported Cyberattacks Targeting Banks - Kaspersky Lab 09.19.2017
Romania registers constant unreported cyberattacks targeting banks and six such attacks occurred in the last year alone, Costin Raiu, director of... more
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Brazilian Online Commerce Solutions Provider VTEX Seeks 20 Customers In Its First Year In Romania 09.18.2017
Brazil-based VTEX, an electronic commerce software solutions provider, has recently entered Romania where it plans to gain 20 customers in the next... more
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Wipro To Hire 500 Engineers To Develop In-Car Multimedia Systems 09.15.2017
Wipro Limited, one of the top IT, consultancy and outsourcing service providers in the world, plans to recruit 500 engineers in Bucharest to expand... more
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Fitbit Opens In Bucharest Its Biggest R&D Office In Europe 09.14.2017
Fitbit, the U.S. firm producing activity trackers, wireless-enabled wearable technology devices that measure data on sports and physical education... more
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Endava Opens New Office In Iasi 09.14.2017
British software and IT services provider Endava, which also has Romanian minority shareholders, has opened a new headquarters in Romanian... more
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Romanians Expected To Buy Some 4.5 Mln Smartphones, Worth EUR900M, In 2017 09.14.2017
Romanians bought nearly 4 million smartphones in 2016, 11% more than in 2015, and are expected to buy some 4.5 million units in 2017, worth nearly... more
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Half Of Top 400 Software Companies In Romania Based In Bucharest 09.13.2017
Bucharest has attracted almost half of the 400 largest software companies in Romania, which makes it the capital of the local industry, far ahead... more
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Adobe Romania Plans To Recruit 60 Software Engineers After Hiring Over 80 People Since Start Of 2017 09.07.2017
Adobe Romania, the local division of American giant Adobe, one of the world’s largest software producers, has employed over people since the... more
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Romanian Post Office Seeks Private CEO, CFO 09.07.2017
Romania's state-owned postal operator Posta Romana is recruiting a chief executive office and a chief financial officer, according to a recruitment... more
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Vauban IT Plans To Reach Over 700 Employees In 2018 09.07.2017
Vauban IT, a local company specialized in developing software applications and providing technological services, plans to reach over 700 employees... more
Romania is going through a favorable time for its economy, for business, customers are better prepared but we must not let ourselves be
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BRD-Groupe Société Générale and UniCredit Bank is granting a syndicated loan worth over EUR177 million to pharmaceutical group A&D
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Nearly half (49%) of Romanian entrepreneurs said they started their own business to feel more secure about their own future, according
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The modern logistic and industrial space stock in Bucharest grew nearly ten times in the past 13 years, to nearly 1.2 million square
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OMV Petrom, the largest oil and gas producer in Southeastern Europe, on Wednesday said it invested nearly EUR5 million in modernizing
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BT Capital Partners, a top five broker in Romania, has been entrusted with the listing of the Globalworth bonds on the Bucharest Stock
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US company Timken opened a new bearing factory in Romania Tuesday, near Ploiesti, following an investment of $60 million.
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South-African investment fund New Europe Property Investment (NEP.RO), the largest player on the Romanian real estate market, has
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28% of Romanian employers plan to add to their payrolls in the July – September 2017 timeframe, according to the Q3 edition of the
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Brisegroup, one of the largest grain traders and farm input wholesalers in Romania, plans to invest EUR7 million in the completion of a
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Continental, one of the world’s largest car parts manufacturers, said it plans to increase the number of employees in Romania, by
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Banks Get EUR600M on Lower Reserve Ratios But Loan Interests Could Rise
Banks have around EUR600 million following the central bank's cutting of required ratios on foreign currency liabilities by two percentage points, but interests on loans could rise following international trends, despite higher market liquidity.
