IT - Business Review


Lee (IMF): ANAF’s IT system is outdated and has a negative impact on tax collection

IT March 16, 2018 17:22 0 comments

Jaewoo Lee, the chief of the IMF’s Romania delegation, said in a press conference that the National Fiscal Administration Agency (ANAF)’s IT system is outdated, and that this has a material impact on the efficiency…more »

Bucharest Technology Week 2018 announces first speakers from Twitter, Microsoft, iNostix by Deloitte and Air France KLM

IT March 16, 2018 11:49 0 comments

Twitter, Microsoft, iNostix by Deloitte, Air France KLM are the first companies whose leaders have confirmed their presence at the business summits within Bucharest Technology Week 2018. Over 50 local and international speakers are expected…more »

Interview. Marius Ghenea’s advice for entrepreneurs looking for their first financing in 2018

Country Investment Reviews March 07, 2018 15:01 0 comments BR Exclusive

Romanian entrepreneur Marius Ghenea, investment director at 3TS Capital, has some pieces of advice for entrepreneurs looking to secure their first financing this year. He also tells BR about the investment strategy of the private…more »

Premiere in Romania: Work from home becomes regulated; Reaction of software association

IT February 28, 2018 14:02 0 comments

The Parliament has vetted the draft bill that regulates telework so that employees will be able to work from another place outside the HQ. Companies will be able to update the contracts of full time…more »

SoftOne Technologies wins auction for the acquisition of Unisoft

IT February 26, 2018 16:42 0 comments

SoftOne Technologies (member of the Olympia Group) has been declared winner of the bidding process for the acquisition of Unisoft SA. The agreement was signed on February 22, and will close right after the issuance…more »


Court of Accounts: Diminishment of expenses for investments has affected IT infrastructure of ANAF

IT February 20, 2018 10:13 0 comments

The diminishment of expenses for investments has affected the IT infrastructure of the National Agency of Fiscal Administration (ANAF), therefore the current situation is critical, according to the report of the Court of Accounts for…more »

How is Austria promoting the blockchain technology: Letting entrepreneurs experiment

Finance February 17, 2018 09:26 0 comments

The Austrian capital Vienna already has applications developed through blockchain, the underlining technology of Bitcoin. Moreover, the state is willing to help start-ups test projects through sandboxes that protect entrepreneurs from a regulatory perspective. Some…more »

M&A alert. Romanian Tremend takes over US-based web and mobile company 648 Group

IT February 13, 2018 15:17 0 comments

Romanian Tremend, the software engineering supplier for companies in 15 countries, has finalized the acquisition of US-established web and mobile company 648 Group. Tremend already has customers in 14 US states and the acquisition is…more »

INACO: Romania has 0.8 pct of blockchain projects developed across Europe

IT February 13, 2018 14:07 0 comments

The European Commission, the executive arm of the EU, has a financing budget of EUR 340 million for the development of blockchain technology in the next two years, according to the Initiative for Competitiveness (INACO).…more »

it sector employees

New project: state to partially cover health contribution for IT employees in private sector

IT February 07, 2018 11:32 0 comments

The Dancila government may adopt a measure through which the state could cover a part of the health contributions (CASS) for employees of private companies in the IT & C sector, who don’t pay income…more »