Digi's RCS&RDS Borrows EUR150M from Bank Syndicate

12.16.2020
RCS&RDS, part of Digi Communications, has signed a senior facility agreement for two loans amounting to EUR150 million with a banking syndicate consisting of Citigroup Europe- Dublin Romanian Branch, ING Bank-Bucharest Branch and Unicredit Bank, to refinance previous loans and for investments.
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SAP Romania Reaches 810 Employees
03.20.2023
SAP Romania, the local subsidiary of the German software solutions producer of the same name, has reached a team of 810 employees working in its... more
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Arctic Stream Signs $1.55M Contract
03.17.2023
Arctic Stream (AST.RO), an IT infrastructure and security integrator, notified shareholders about signing a $1.55 million contract, the amount of... more
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Cardiomed Medical Center In Targu Mures Buys From Siemens Healthineers World’s First Photon-Counting CT Scanner
03.15.2023
Cardiomed Medical Center in Targu Mures, specialized in cardiovascular disease diagnosis and treatment, has purchased from Siemens Healthineers the... more
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SmartBill Integrates Smart Accounts in Platform
03.15.2023
SmartBill, the main invoicing and management solution for SMEs in Romania, has integrated Smart Accounts service in its platform, via a partnership... more
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Orange Romania Gets Involved In Six Horizon Europe Research Projects
03.14.2023
Orange Romania is taking important steps for the global standardization of 5G technology, the sustainable development of mobile networks, ensuring... more
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Britain’s Endava Expands Further in Romania
03.14.2023
British software company is cementing its foothold in Romania and opening a new office in Craiova, on an around 500-sqm area. more
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Arobs Transilvania Wants to Reach Unicorn Capitalization in Coming Years
03.14.2023
Arobs Transilvania Software, the biggest tech company present on the Bucharest Stock Exchange, aims to reach a unicorn-level market value in the... more
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Net Communications Systems Eyes 30% Turnover, Of EUR1.5M Turnover, In 2023
03.13.2023
Net Communications Systems, an IT company established in 2022, the first pandemic year, ended 2022 with a turnover of EUR1.2 million, up over 70%... more
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R Systems Europe Ends 2022 With EUR22.79M Turnover, Up 33% YoY; Targets 70-80 New Experts In Romania
03.13.2023
R Systems Europe, a global company specialized in digital transformation services and present across over 15 countries, had a turnover of EUR22.79... more
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SeedBlink Launches Secondary Market Whereby Startup Investors Can Get Faster Access To Liquidity
03.09.2023
Technology startup investment platform SeedBlink is launching the Secondary Market through which individual investors in technology startups can... more
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Iasi-Based Software Developer SABS Set to Expand Further
03.09.2023
Iasi-based SABS, specialized in software development, which started 2023 by opening an office in Bucharest, wants to continue expansion plans and... more
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Vodafone Opens First EasyTech Store in Bucharest
03.08.2023
Vodafone, one of the largest players on Romania’s telecom market, has opened, in Magheru boulevard of Bucharest, its first store under the... more
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Qualitance Posts 35% Growth in Revenue to EUR17.5M in 2022
03.07.2023
Technology company Qualitance ended 2022 with EUR17.5 million revenue, an increase of about 35% on 2021, higher than expected. more
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Investment Advisory Firm ACP in Talks to Buy Telekom Romania Mobile
03.06.2023
European investment advisory firm ACP is in talks to buy Telekom Romania Mobile, and the deal is up to the approval of the relevant authorities in... more
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Edenred Set To Hire 700 Tech Experts Worldwide, Including At Its Two Main Digital Centers In Romania And Mexico
03.06.2023
Edenred, the digital platform for services and payments, plans to recruit more than 700 tech specialists worldwide in 2023, including at its two... more
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Bittnet Systems' Bonds Start Trading On Main Market Of Bucharest Stock Exchange On March 7
03.06.2023
The Bucharest Stock Exchange (BVB) announced on Monday (March 6) that the bonds issued by Bittnet Systems S.A., in the amount of over EUR2 million,... more
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NN Romania Launches NN Bootcamp Internship Program For Young Adults Eyeing To Pursue Career
03.06.2023
NN, the main player on the Romanian life insurance market, launches in Romania NN Bootcamp, an international accelerated learning program dedicated... more
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Telekom Romania Mobile Gets Back Its Digital Division From Orange
03.03.2023
Telekom Romania Mobile, a mobile phone operator with more than 4 million customers, which is held by Germany’s Deutsche Telekom and Greece’s... more
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Metaminds Unveils New Management Structure
03.02.2023
Metaminds, a Romanian integrator of cybersecurity solutions and complex IT solutions, switched to a new management system and recruited Ovidiu... more
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RebelDot Seeks To Hire 100 Experts At Its Offices In Cluj-Napoca, Oradea And Copenhagen
03.01.2023
RebelDot, a Cluj-based software development company, seeks to recruit 100 experts in 2023 and thus reach 280 employees at its offices in... more

The European Bank for Reconstruction and Development (EBRD) is lending EUR50 million to UniCredit Leasing Corporation to support micro,
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39% of respondents in Romania anticipate a significant drop in housing prices over the next six months, 27% expect a slight decrease,
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OMV Petrom, the largest integrated energy company in Southeast Europe, will build, in partnership with Complexul Energetic Oltenia (CE
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The European Commission (EC) sent letters of formal notice to Bulgaria, Ireland, Poland, and Romania for failing to notify their
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Romania has almost 142.000 employees in the local IT sector, of whom some 98,000 work in Bucharest, Cluj and Timis, according to Ziarul
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Fiscal deficits will remain elevated in Romania in the medium term: 4.7% of GDP (cash basis) in 2024, compared to the 2.9% target set
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Banks’s profitability will remain subdued over the next year, because of an unprecedented mix of factors including Russia’s
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Romania’s Energy Ministry on Monday (Oct 10) signed the first nine contracts funded through the Modernization Fund, in the amount of
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Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting Savings
Romania could increase its gross domestic product (GDP) by 10% until 2050, generating an additional contribution of EUR575 billion by boosting savings and redirecting them towards lucrative investments, according to a survey conducted by McKinsey&Company in spring 2022.