IT - Business Review


Mihai & Cristian Logofatu

Bittnet Systems to merge with Gecad Net

IT April 20, 2017 16:36 0 comments

Bittnet Systems announced plans to merge with Gecad Net to consolidate its position as multicloud area, representatives of Bittnet Systems said on Thursday in a press conference, according to Agerpres.   “The synergy will allow us…more »


Autoliv to open new engineering center in Iasi

Auto April 12, 2017 15:05 0 comments

Autoliv, the producer of safety systems in the automotive industry, plans to expand its research and development activities in Romania, and will open a new engineering center in Iasi city, eastern Romania. The company said…more »


First VR escape room launches in Romania following EUR 70,000 investment

IT April 05, 2017 08:00 0 comments

The spring brings news on the Romanian entertainment market with the launch of Fifth Dimension – the first virtual reality escape room in Romania. With an initial investment of EUR 70,000, the studio offers the…more »

mobile internet

Mobile accounted for 3 pct of total internet traffic in Romania in H1 2016

IT April 04, 2017 11:32 0 comments

Romania hosted 19 million fixed and mobile broadband internet connections through which users have generated 2.7 million terabytes (TB) worth of traffic in the first six months of last year, according to Eduard Lovin, executive…more »

Eugen Anicescu Managing Director Coface Romania

Coface to open regional IT development center in Bucharest

IT March 29, 2017 16:55 0 comments

The Coface Group, the company specialized in credit insurance, will open an IT development center in Bucharest at the beginning of April, employing 80 people. The setting up of a new IT development center based…more »

Ciprian Pîrv, General Manager Logicom România

Logicom’s turnover reaches RON 76.3 mln in 2016

IT March 22, 2017 11:03 0 comments

Logicom, one of the main distributors of IT solutions and services that recently became Microsoft Cloud Solution Provider, registered a turnover of RON 76.3 million in 2016 and aims to expand its business this year.…more »

Bogdan Padiu, Founder and CEO TeamNet Group

Teamnet International files for insolvency

IT March 20, 2017 16:34 0 comments

Less than three weeks after the head of IT company Teamnet, Bogdan Padiu (in picture), was placed under judicial control in a corruption case, the group announced on Monday that Teamnet International has filed for…more »


M&A alert. Start-up iRewind, founded by Romanians, taken over by Swiss Yoveo

IT March 17, 2017 15:04 0 comments

The Romanian start-up iRewind, based in Lausanne, Switzerland, was taken over by Swiss Yoveo, one of the main providers of video technology, for an undisclosed sum. iRewind is a software solution that automatically captures, edits…more »

bmw car

Romanian IT&C companies to develop software solutions for BMW

Auto March 16, 2017 16:18 0 comments

BMW has come to Romania on Thursday to start discussions about collaboration with IT&C companies to provide BMW software solutions.   „This is an initiative that started at the Government level, we were contacted by the…more »


BR’s 17 leaders to watch: Radu Georgescu – Gecad Ventures

IT March 10, 2017 09:55 0 comments BR Exclusive

Veteran entrepreneur and investor Radu Georgescu continued to provide early stage support for startups last year and redesigned his group, founded 20 years ago as Gecad Ventures, in a move designed to underline the investment…more »