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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certSIGN’s Remote Qualified Electronic Signature Service Is Integrated Into Adobe Acrobat Sign Platform
09.14.2023
certSIGN, a Romanian IT&C company and a leading producer of cryptographic solutions in Romania, announces the integration of Paperless, its remote... more
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Romanian Tech Startup Druid AI Secures $30M Funding
09.12.2023
Druid AI, a startup developing AI-powered intelligent virtual assistants for companies, established by a team led by entrepreneur Liviu Dragan in... more
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Visual Fan Announces RON2M Net Profit And RON44.9M Turnover For H1/2023
09.12.2023
Electronics devices producer Visual Fan (ALW.RO), which owns the Allview brand, ended the first six months of 2023 with a consolidated net profit... more
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Alfa Software Reports 44% Higher Turnover For H1/2023, Of RON8.4M
09.12.2023
Alfa Software, a provider of IT systems for companies, ended the first half of 2023 with a turnover of RON8.4 million, up 44% from the same period... more
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Connections Consult's Net Profit Skyrockets 273% YoY To RON3.6M In H1/2023
09.12.2023
Connections Consult, a group of companies specialized in providing software solutions and IT services, ended the first half of 2023 with a net... more
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Arggo Consulting 2022 Turnover Up 27% To Over EUR5.5M
09.08.2023
Arggo Software Development & Consulting, a Romanian company specialized in providing consulting services and software solutions for enterprise... more
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Connections Consult Signs RON56.5M Contract With Public Institution
09.07.2023
Connections Consult, a group of companies specialized in providing software solutions and IT services, announced in a stock market report on Sept 6... more
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Bittnet’s Dendrio Solutions Signs RON107M Contracts With Client In National Defense Sector
09.07.2023
Bittnet Systems (BNET.RO), an IT&C solutions integrator and provider of training services in the IT sector, said in a stock market report on... more
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AROBS Transilvania Software Gets Financial Regulator's OK For Trading On Regulated Market
09.07.2023
AROBS Transilvania Software (AROBS.RO), the biggest tech company listed on the Bucharest Stock Exchange, has informed shareholders that in the... more
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TechAngels Group: Members' Investments Drop In H1/2023 To A Third Compared To H1/2022
09.06.2023
The members of TechAngels, the largest group of angel-type investors in Romania, invested EUR1,013,000 in technology startups in the first half of... more
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Wizrom Software Posts 8% Growth In Revenue To Over EUR1.3M In 2022
09.06.2023
Business software developer Wizrom Software ended 2022 with more than EUR1.37 million revenue, an increase of over 8% year-on-year, Finance... more
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Softbinator Technologies Ends H1 With RON17.6M Revenue And RON556,000 Loss
09.04.2023
Softbinator Technologies (CODE.RO), a group of IT companies, ended the first half of 2023 with RON17.6 million revenue, an increase of 57% on the... more
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ASF Licenses First Digital Crowdfunding Platform For Real Estate Developers
09.04.2023
The Financial Supervisory Authority (ASF) has licensed the first digital crowdfunding platform in Romania, which real estate developers can use to... more
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Life is Hard's Net Profit Doubles YoY To RON3.7M In H1/2023
09.01.2023
Software solutions provider LIFE IS HARD (LIH.RO), listed on the AeRO market of the Bucharest Stock Exchange, reported a consolidated turnover of... 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.