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Articles - companii

IT industry: A Silicon Valley at country level, turnover totals approximately EUR 1 bln

Romania counts on a software and IT services market worth one billion euros, with 80,000 programmers and engineers employed, Software and Services Industry Owners Association (ANIS) chair Andrei Pitis claimed at a press conference on Wednesday. ‘

The IT & C sector, the third-largest contributor to Romania's GDP

The IT & C sector made it to the third-largest contributor to Romania's Gross Domestic Product (GDP) and 1,700 relevant projects received European financing, Minister for the Information Society Razvan Cotovelea told the conference for the presentation of the National Strategy on the 2014-2020 Digital Agenda of Romania.

Coface: Insolvencies in Romania down 17 percent in Q3

During the first nine months of this year 15,575 new insolvencies were registered in Romania, down 17 percent compared to the same period of 2013, when 18.735 new insolvencies were opened, an analysis by credit risk management firm Coface shows. The analysis is based on the data provided by the National Trade Registry.

Re/Max resumes expansion in Romania, wants to grow to 27 agencies

US based real estate company Re/Max presently runs a network of seven affiliated real estate agencies in Romania but plans to expand the franchise to 12 agencies by the end of this year and 27 by the end of 2015, Razvan Cuc, a local businessman who together with his wife owns the master-franchise for Romania, told a press conference on Wednesday.

Softvision opens second Bucharest headquarters

Romanian software outsourcing company Softvision opened this Monday its second Bucharest office.

Intel’s software development center in Bucharest reaches 180 employees, looks for more engineers

American technology group Intel has hired 180 people in its software development center in Bucharest, which was opened in 2010, and will continue to add IT engineers to produce software for data centers, according to Monica-Ene Pietrosanu, the center’s manager, quoted by local Hotnews.ro.

One million companies active on Romanian market

The National Trade Registry Office (ONRC) informs that the number of companies that have filed for insolvency in the first nine months of the year has dropped by 17.4 per cent to approximately 16,700, down from over 20,200 in the same period last year.

eMag to open new development hub in Iasi

Online retailer eMag is opening a new programming center in Iasi for which it will recruit 40 programmers in the first year of activity.
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