30 iul 2024

Slovenian startup Leanpay, which has been present in Romania with its Buy Now Pay Later (BNPL) digital lending solution since 2023, has raised a new series B round of funding worth EUR10 million. more

22 iul 2024

Venture capital firm Early Game Ventures (EGV) has invested EUR1 million in AI startup CogniSync, which develops software technology that helps streamline workflows to support fast growing companies more

15 iul 2024

Digital Keez SRL, the accounting tech startup held by Norway’s Visma, posted significant increase in revenue, by 62% to RON13.2 milion (EUR2.6 million), in 2023 compared with 2022., Finance more

5 iul 2024

Phonetastic GSM a local distributor of smartphones, gadgets and other IT&C equipment, posted RON200.3 million (EUR40.3 million) revenue last year, 27% lower than in 2022, Finance Ministry data show. more

3 iul 2024

Video game development industry in Romania has been dominated by multinationals for many years, as the top actors are still Electronic Arts (US), Ubisoft (France) and Gameloft (France), but two more

2 iul 2024

Adobe Systems Romania, the local subsidiary of the US group by the same name, one of the largest software businesses in the world, posted RON444 million (EUR89 million) revenue in 2023, an increase of more

10 iun 2024

Electronics Suport Division (ESD ROM), a company specializing in repair services owned by entrepreneurs Mihai Oleinic and Bogdan Bunda, in 2023 posted a 20% turnover decline to RON23.9 million. more

6 iun 2024

The local TV set market in 2023 remained relatively steady both by sales volume, of around 1.3 million units, and sales value, which neared EUR400 million, in line with data provided by the local more

4 iun 2024

Samsung Electronics Romania, the local subsidiary of the South Korean giant that leads the global smartphone market, last year registered net turnover worth RON5.6 billion (EUR1.1 billion), slightly more

22 mai 2024

Local company Senior Software, which specializes in development and integration of IT systems for business management, in 2023 generated net profit worth over RON10 million, up 44% year-on-year. more

20 mai 2024

Veeam Software Romania, the local subsidiary of the US provider of solutions ensuring data availability and recovery, for 2023 reported turnover worth RON330.4 million (EUR66.4 million), up 25% from more

10 apr 2024

Floria.ro, one of the largest online flower stores in Romania, posted sales of more than EUR900,000 in the first quarter of this year, up 5% compared with the same period in 2023. more

23 feb 2024

OVES Enterprise, a software development company and drone manufacturer, is expanding its drone production and investing EUR100,000 in a new line dedicated to manufacturing small-sized drones equipped more

23 feb 2024

US-held Uber, which operates one of the largest mobility platforms worldwide, on Thursday announced the launch of UberX Share service in Romania, in Bucharest, at the same time as in Poland, Warsaw more

19 dec 2023

Romanian company IT Genetics, part of the ITG group, which specializes in supply chain equipment and software solutions, has invested around EUR250,000 in an e-commerce platform dedicated to the more

22 nov 2023

Smartphone sales in Romania will reach almost EUR1.5 billion at the end of 2023, an increase of some 8% on 2022, while the volume will continue to shrink, with the decline estimated at some 6% for the more

23 oct 2023

The online phone and gadget store DualStore.ro, launched in Baia Mare in 2007, has invested more than one million euros in expanding its own-brand product category iSEN this year, adding new more

26 sep 2023

Local startup Zitamine Nutrition, which developed an algorithm to personalize food supplements for each individual separately, has raised EUR350,000 from three investment funds in Romania – V7 more

19 sep 2023

Cluj-based AB Systems, which specializes in making RFID and barcode tags, posted more than EUR2.7 million revenue in the first half and the full-year target is EUR5.6 million, an increase of 7.5% on more

4 iul 2023

Local online store Atu Tech (a2t.ro), which specializes in the sale of security products and is also an importer of security equipment, has invested EUR200,000 to streamline its operations this year. more

21 iun 2023

Local company Senior Software, which specializes in development and integration of IT systems for business management, recorded RON47 million revenue in 2022, an increase of 27% year on year and more more

16 iun 2023

iSTYLE, the largest Apple Premium Reseller retail chain in Central and Eastern Europe will open its second Apple Premium Partner store in Romania on Saturday, June 17. more

19 apr 2023

Motorola Mobility, part of China’s Lenovo Group, has constantly grown in Romania in the last few years, reaching 300,000 phone activations (phones purchased and activated by insertion of a SIM card) more

9 feb 2023

Neakaisa.ro, an online store specializing in the sale of bathroom sanitary ware, recorded EUR5.7 million sales last year, 20% more than in 2021, amid higher demand for medium and high-quality more

2 feb 2023

Polish-held online retailer Answear, which has a presence in Romania since 2015, aims to increase local sales by 20% this year compared with 2022, when its biggest growth, 40% was recorded in the more