The Bittnet Group received an order from the Competition Council regarding the launch of an investigation into the market for the sale of information and communication technology equipment in Romania, which concerns various procedures from 2019-2024."Bittnet Systems S.A. informs investors about receiving an order from the Competition Council regarding the launch of an investigation into the market for the sale of information and communication technology equipment in Romania. The investigation concerns various procedures from the period 2019-2024 related to some IT&C infrastructure projects and covers several companies active in the IT field in Romania, including 2 companies that are part of the Digital Infrastructure pillar of the Bittnet group: Dendrio Solutions SRL and Dataware Consulting", reads an announcement of the company sent to the Bucharest Stock Exchange on Wednesday.According to the cited source, the investigation launched by the Competition Council is being carried out in compliance with the specific procedure conferred by law. In the framework of such actions, the competition authority pursues the collection of data and information for the purpose of performing all analyzes on the targeted markets and verifying the behavior of companies active in these market segments."Until the procedures are completed and competition violations are found through a reasoned decision, the investigated companies are not considered to be in a situation of non-fulfillment of their legal obligations. The Bittnet Group is not aware that any of the companies in its group are involved in any way in anti-competitive practices where it has offered in the public or private space, the group being actively involved in the implementation of some projects and procedures to comply with the competition rules. The Bittnet Group assures the authorities of its full cooperation in this investigation regarding the conduct of the procedures, once they will be communicated to him by the Competition Council", the cited announcement reads.
“Garden of Memories,” a civic initiative meant to commemorate the 1989 Revolution that led to the fall of communism in Romania, is set to take place between December 19-20 around the Memorial of Rebirth, in Bucharest’s Revolution Square. Organized by the Streets for People Association, together with the Bucharest City Hall and the Museum of […]
Runware, a startup founded by two Romanian entrepreneurs, announced last week that it has secured a USD 50 million Series A funding round led by Dawn Capital, one of the largest European investors in B2B software companies. The round also included Comcast Ventures, Speedinvest, Insight Partners, and a16z Speedrun. The company founded by Flaviu Rădulescu and […]
The body of Romanian former justice minister Rodica Stănoiu was exhumed on Monday, December 15, after prosecutors opened an in rem case regarding her suspicious death, Digi24 reported. Investigators are looking into the possibility that the former minister may have been killed through negligence. ...
Authorities in Romania have begun imposing fines for owners of bicycles and electric scooters who do not take out mandatory motor third-party liability insurance (RCA). The new rules have been applicable since November 13, but the Romanian Parliament granted a 30-day grace period until the application of sanctions, according to...
Art Safari will relocate to Amzei Square in central Bucharest in 2026, where it will operate under a new format titled Art Safari New Museum, following more than a decade of pop-up exhibitions hosted in historic buildings across the capital. After 12 years, 17 editions, and more than 1 million visitors, the exhibition platform will […]
In Romania, Christmas is more than holiday markets, decorated trees, and wrapped gifts. It's a season filled with old customs, lively rituals, and dishes that bring families together. One of the most popular Christmas traditions is caroling. Although traditions vary depending on the area, the ritual of going from house to house and singing carols […]
