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.
Romanian police and prosecutors conducted more than 200 searches across the country as part of the larger Jupiter 4 operation on Tuesday, November 4. The searches concern offenses like fraud, forgery of documents, counterfeiting, tax evasion, embezzlement, misappropriation of funds, and abuse of office, among others. “The Jupiter operation contributes to strengthening the efforts of […]
Evrotrust, a leading European Qualified Trust Service Provider (QTSP), has raised EUR 6.6 million in growth funding from 3TS Capital Partners to expand its operations in Romania. The investment, made from 3TS’s recently closed EUR 111 million Fund IV, will help Evrotrust bring EU-grade digital identity, e-signatures, and remote onboarding solutions to local businesses and […]
NATO secretary general Mark Rutte will make his first official visit to Romania on Wednesday, November 5, where he will be received by president Nicușor Dan at the Cotroceni Palace, the Romanian Presidency announced. The announcement comes after
AROBS Transilvania Software (BVB: AROBS), the largest technology company listed on the Bucharest Stock Exchange, announced the acquisition of a 65% majority stake in Sibiu-based engineering company Gess Engineering. Gess Engineering develops and implements complex vehicle testing, validation, and integration solutions. The company provides end-to-end services, from engineering and design, prototype testing, and performance analysis, […]
eMAG, the largest online retailer in Romania, set its 15th edition of Black Friday on November 7. The company estimates sales this year at RON 940 million (EUR 184.7 million), RON 44 million more than the previous year. Overall, customers will have to choose from 100,000 televisions, 600,000 small household appliances, 1.5 million clothing items, […]
The Alliance for the Union of Romanians, or AUR, announced during a meeting on Monday, November 3, that it supports former TV presenter Anca Alexandrescu for the position of mayor of Bucharest. The elections will be held on December 7. The leadership of AUR decided unanimously to support Anca Alexandrescu, although she is not a […]
