6 aug 2024

Underline Ventures, the venture capital fund set up by Bogdan Iordache, in its two years of activity has invested around $6 million in 13 tech startups both from Romania and the other countries of the more

5 aug 2024

In the first half of this year, around 1.5 million smartphones were sold in Romania, flat from the year-earlier period, with the market growing only by value, by around 5-6%, in line with estimates by more

1 aug 2024

Local startup Vatis Tech, which has created a speech recognition software solution, targets 1 million annual recurrent revenues at end-2024, as it has recently launched a new vocal recognition more

29 iul 2024

iStyle Retail SRL, the largest Apple Premium Reseller retail chain in Central and Eastern Europe, for 2023 reported net turnover worth RON590.4 million (EUR118.7 million), up 6% from 2022. more

25 iul 2024

PC sales on the Romanian market in 2023 revolved around 920,000 units, down from 2022, when 980,000 units were sold, in line with IDC data, on the uncertain economic and political context, but also as more

10 iul 2024

BrightCap Ventures, a venture capital fund headquartered in Sofia, has has completed the first close of its new fund targeting €60m. more

5 iul 2024

Hungary’s startup Munch, which entered Romania this March with its app that aims to aid curb food waste, has reached 128 partners and 194 locations locally, with its mobile app having more than more

5 iul 2024

Local startup Flip.ro, part of eMAG group, registered EUR56 million sales during fiscal year 2023, 46% higher than in 2022. more

2 iul 2024

Stefanini Romania, the local subsidiary of Brazilian supplier of IT solutions and services, in 2023 saw its net profit rise by 67%, to RON13.5 million (EUR2.7 million). more

27 mai 2024

Pitesti-based Roweb Development, specialized in software development services, for 2023 reported RON31 million turnover, 14% higher than in 2022, and net profit of over RON5.4 million, up 24%. more

8 mai 2024

Software and hardware provider Smart ID Dynamics in 2023 registered an annual 10% turnover decline, to RON103.6 million (EUR20.8 million). more

8 mai 2024

Enterprise Investors, the oldest private equity firm in the region, plans to invest on the Romanian market on the IT segment, targeting both IT services firms, with revenues of around EUR10-15 million more

26 apr 2024

Spyrosoft Solutions SRL, the local subsidiary of Poland’s software engineering company, in 2023 registered RON46 million turnover, over fourfold bigger than in 2022. more

23 apr 2024

ING Hubs Romania, the local software development hub of Dutch financial-banking group ING, aims to reach the mark of 2,000 specialists in its team by yearend, so that it can keep up the business more

22 apr 2024

Romanian company Romarg, specializing in web hosting and domain registration services, in 2023 registered turnover worth above RON20.6 million (EUR4.1 million), up 25% from 2022, while its net profit more

18 mar 2024

Local software developer WE AS WEB ended 2023 with EUR25 million turnover. 2.5 times higher than in 2022, and profit of around EUR4 million, double the 2022 level. more

7 mar 2024

Neakaisa.ro, an online store specializing in the sale of bathroom sanitary ware, expects its business to maintain the growth pace of 2023, when turnover went up by 10% to EUR6.2 million. more

5 mar 2024

Hungary’s startup Munch, which has developed a mobile app aiding reduce food waste, will enter Romania’s market in 1-2 months, with Bucharest as the first targeted city. more

4 mar 2024

Motorola Mobility, part of Chinese group Lenovo, plans to reach the threshold of 500,000 smartphones sold in Romania this year, thus maintaining the growth pace registered locally in recent years. more

15 feb 2024

The members of TechAngels, the biggest group of business angel-type investors in Romania, plan to carry out investments totally worth around EUR3.5-4 million this year, 25% more than in 2023, when more

9 feb 2024

MerchantPro, the e-commerce platform developed by local company Shopmania Net, in 2023 registered EUR1.7 million revenues, up over 20% from 2022, as the company mainly focused its strategy on medium more

18 ian 2024

The premium segment of Romania’s smartphone market, including phones with prices of above EUR600, will this year go beyond the EUR1 billion threshold by value and reach over EUR1 million by more

12 ian 2024

Emirates group, made up of Emirates Airlines, the world’s largest international airline, and dnata, a major global air services provider, currently has more than 200 positions available globally for more

18 dec 2023

Online fashion retailer Answear has managed to boost its Romania business by 20% this year, reaching over 400,000 clients locally, 10% more than in 2022. more

13 dec 2023

Local startup Ogre AI, which has developed an AI platform dedicated to utilities market players, aims to raise an overall funding round of around EUR2 million. more