Apple Opens Its Own Company in Romania
09.20.2018
American tech giant Apple founded Apple Sales Romania SRL in August, a company controlled directly by Apple's subsidiary in Ireland, which conducts its European operations.
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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
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New UPC Romania CEO: We’ll Continue Expansion, Have Growth Targets 06.28.2018
UPC, one of the largest providers of TV, Internet and telephony services in Romania, will continue to pursue its strategy to expand the fixed... more
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Orange Romania Posted Highest Net Profit Of All Local IT&C Companies In 2017 06.27.2018
Orange Romania, the leader of the local mobile telephony market, posted the highest net profit of the entire IT and telecommunications industry of... more
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HP Inc. Sold RON253M Worth Of PCs, Printers And Services In Romania In 2017 06.25.2018
HP Inc. Romania SRL, the local subsidiary of the US computer and printer supplier and IT services provider by the same name, posted 253.3 million... more
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AKTA Group Revenue Up 3% To RON229M In 2017 06.22.2018
The largest independent cable TV provider in Romania, which operates under the AKTA brand via two companies, Digital Cable Systems (DCS) and AKTA... more
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US-Held Idera Buys Local Startup Froala 06.20.2018
Froala Labs, a startup established by programmers Stefan and Diana Neculai in 2014, which built a product that has become international market... more
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Bitdefender Exports Up 31% To RON578M In 2017 06.19.2018
IT security solutions provider Bitdefender, the most famous Romanian hi-tech brand in the world and the largest software developer of the country,... more
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Medlife Acquires Medical Platform SfatulMedicului.ro 06.13.2018
MedLife, leader of the private healthcare services market in Romania, announced Wednesday it has acquired 100% of the platform sfatulmedicului.ro,... more
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Arsis Trading Revenue Up To RON151M In 2017 06.13.2018
Arsis Trading the largest GSM retailer owned by a Romanian entrepreneur, posted 150.6 million lei (EUR32 million) revenue last year, 2% higher than... more
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Vodafone’s Technology Center Hired Almost 800 People In 2017 06.12.2018
Vodafone Technologies Romania SRL, the operator of the local IT services and support center of the UK communications group, hired almost 800 people... more
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Nuclearelectrica Launches Access SNN Mobile Application Dedicated To Investor Relations 06.08.2018
Romanian nuclear power plant operator Nuclearelectrica (SNN.RO) on Friday launched the mobile application “Access SNN”, dedicated to investor... more
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Asus Aims For EUR140M Revenue In Romania In 2018 06.08.2018
Asus Romania, the local subsidiary of the Taiwanese electronics manufacturer, has increased revenue to about EUR130 million in 2017, and its 2018... 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.
