24 apr 2023

South Korean giant Samsung kept its leading position on the local mobile phone market last year with a 53% share by unit number and around 45% by value. more

12 apr 2023

Profluo, a startup that builds machine learning technology for the automatic processing of accounting documents, plans to expand its client portfolio in 2023 from 150 to around 500 and thus increase more

7 apr 2023

iStyle, the largest Apple Premium Reseller store network of CEE, part of Midis group, in 2022 reached EUR111.5 million turnover in Romania, up 39% from 2021. more

3 apr 2023

Amazon Development Center, the development center of US giant Amazon in Romania, with offices in Bucharest, Iasi and Timisoara, for 2022 reported net turnover worth above RON610 million (around more

24 mar 2023

Local startup easySales, which has set up an automated B2B management and e-commerce platform, has attracted new funding from Fortech Investments, which became a minority stakeholder. more

23 mar 2023

Aqurate, a local startup developing an AI-powered platform for ecommerce data analysis, plans to boost its recurrent revenues four-fivefold this year as it will increase the number of ecommerce more

9 mar 2023

Poland-held BLIK, which has developed a cashless payment system, has recently entered the Romanian market, the second largest market in Central and Eastern Europe. more

17 feb 2023

Local startup Druid, founded in 2018 by local entrepreneur Liviu Dragan, plans to raise new funding this year, worth around EUR20 million, and is already in talks with investment funds of the US and more

15 feb 2023

The TechAngels group of private investors, focused on supporting technology startups in Romania and the region, in 2022 invested EUR5.679 million overall, 36% less than in 2021. more

13 feb 2023

Underline Ventures, the newest investment fund in Romania that supports tech startup development, plans to keep up the pace of 2022 this year and fund 4-5 tech companies with a total of EUR2-2.5 more

10 feb 2023

German-held Hays Technology Solutions, specialized in tech solutions developments, has opened its second office in Romania: a research-development center in Timisoara, where it plans to hire over 70 more

14 dec 2022

Nestor, a local startup that developed a people intelligence platform, expects to end 2022 with twice as high revenues as in 2021 as 2022 has been a lucrative year for the company. more

15 nov 2022

Cegeka Romania, the local subsidiary of Belgian IT group of the same name, has not reached an 830-employee team, with the number of employees rising by over 100 since the beginning of this year as the more

4 nov 2022

Romania’s smartphone market will hit a value of around EUR1.3 billion at end-2022, up 20% from 2021 as the premium segment is gaining ever more ground. Premium smartphone sales now account for half more

3 nov 2022

Local startup easySales, which which set up an automated B2B management and e-commerce platform, expects to reach annual recurrent revenues of around EUR700,000 at end-2022 as its team is now focusing more

21 oct 2022

Cegeka Romania, the local subsidiary of the Belgian company of the same name, expects turnover to rise by around 28% in 2022, to EUR48 million. more

19 oct 2022

Oradea-based startup Octavic, a provider of digital solutions for the manufacturing industry, is now in a stage of international expansion. more

17 oct 2022

Poland’s PayPo, which provides an alternative payment solution of the buy now pay later type for online retailers, has recently entered Romania’s market with a EUR20 million investment budget. more

4 oct 2022

Symphopay, a local startup providing an intelligent POS solution for companies, needs an investment of around EUR2 million to be able to expand abroad starting next year. more

20 sep 2022

Romanian medtech startup SanoPass, which built a platform via which it currently offers users access to health and fitness subscriptions, will in early 2023 launch integrated packages of health, more

12 sep 2022

Flip Technologies, a marketplace for the purchase and sale of refurbished mobile telephones, in the first six months of 2022 posted turnover worth RON65 million (around EUR13.2 million), three times more

6 sep 2022

Poland’s Inovo VC, now raising capital for its third fund totally worth EUR100 million, plans to invest around 10-20% of this sum in tech startups of Romania. more

5 sep 2022

Veeam Software, a provider of solutions ensuring data availability and recovery, headquartered in Columbus, US, in 2021 posted in Romania net turnover worth RON200.4 million (EUR40.7 million), over more

5 sep 2022

Atos IT Solutions and Services, the local subsidiary of the French group of the same name, one of Europe’s biggest IT&C integrators, in 2021 posted net turnover worth RON545.8 million (around more

1 sep 2022

Romanian Business Consult (RBC), the biggest IT integrator for the retail industry in Romania, has sealed a partnership with startup Tailent to provide software robots aiding business optimization via more