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.
Céline Gauer, the director general of the Recovery and Resilience Task Force (or RECOVER) at the European Commission, arrived in Romania on Tuesday, July 15, to meet with officials regarding the implementation of the National Recovery and Resilience Plan, or PNRR. As the coordinator of the PNRR, which offers funding in the form of advantageous […]
Aluminium producer ALRO, a subsidiary of Vimetco PLC from Cyprus, celebrated 28 years on the Romanian stock exchange (BVB) and 60 years of uninterrupted industrial activity. Its market capitalization has increased nearly 21 times since its listing and now exceeds RON 1 billion. The company’s history began with the first batch of Romanian aluminium, on June […]
Something is quietly shifting in Romania. In places where paperwork, patchy Wi-Fi, and long queues once ruled, change is starting to show. Towns are more connected, cities are getting smarter, and essential services are beginning to live online, not in line. A tidal wave of digitisation is common to other areas of the globe, that’s […]
Several segments in Romania's A7 and A8 highway projects have lost funding from the National Recovery and Resilience Plan (PNRR) due to project delays, the minister of investments and European projects, Dragoș Pîslaru, announced on Tuesday, July 15, as reported by Biziday.ro. He did not specify which segments of these highways were affected. The statement […]
Real estate developer Redport and businessman Dan Șucu officially inaugurated the showroom for their latest residential project, Vitality Est, and announced the start of construction work on the site near Pantelimon Park and Lake in eastern Bucharest. The project, estimated at EUR 50 million, will include 500 apartments and 400 square meters of commercial space. […]
According to an analysis from real estate consultant Colliers based on National Bank of Romania data, Romanians spent more than EUR 3 billion on international travel in the first four months of 2025, 15% more than in the same period of 2024. If the current pace continues, Romanians’ spending on foreign holidays and business travel […]
