Flip Technologies, a marketplace devoted exclusively to sales of second hand smartphones, received capital of 8 million lei, through the conversion of a loan granted in March 2023 by the majority shareholder, Dante International, the administrator of eMAG.ro, according to data anlysed by Profit,ro. Following that operation, the socil capital of Flip Technologies grew by 3,090 lei, reaching 85,190 lei, to which a first bond issue of 7,996,910 lei added, paid in full by Dante International. The structure of shares changed slightly, Dante International increasing its share from 50.1% to 51.9078%. The other shareholders are: Alin Sebastian Luca – 22.1387% (from 22.97%), Georges Alexandru Moroianu – 22.1387% (from 22.97%) and Alex Nicolae Burchelia – 3.8150% (from 3.96%). This year, the company estimates a business increase of 40-50%, from 170.9 million lei in 2022and reduction of losses which in 2022 reached 19.5 million lei. Flip.ro sells iPhone, Samsung, Huawei and Xiaomi phones. Over 80% of phones bought and sold by Flip.ro are iPhone and Samsung. Every day the company buys and sells about 400 phones. Flip Technologies began its activity in 2019.
The Romanian stock market benchmark – the BET Index – officially crossed the 20,000-point threshold on Tuesday, July 25, 2025, marking a major milestone in its recent surge. The BET has gained about 7.5% in the last month, setting several new record highs on its path to 20,000 points. However, the Bucharest Stock Exchange’s recent […]
If you operate as a crypto broker, you might have come across a crypto broker program — a specialized service designed to enhance broker operations, expand service offerings, and optimize how they serve their end clients. These platforms have grown in popularity, offering streamlined access to the digital asset space with tools designed to suit both […]
For its 2025-2026 season, the George Enescu Philharmonic will bring to Bucharest more than 70 Romanian and foreign conductors and soloists of top level, 75% of whom are present for the first time in its artistic programming, the institution said. Among the names that will take the stage of the Romanian Athenaeum in Bucharest starting this […]
The Neuman House, a protocol residence for former communist dictator Nicolae Ceaușescu situated in the city of Arad, in western Romania, is up for sale for EUR 2.4 million, according to an online listing by an international agency specializing in luxury property brokerage cited by Agerpres. The building belonged to the noble Neuman...
During a press conference held on Tuesday, July 29, Romanian prime minister Ilie Bolojan presented the main measures from the magistrates' pension reform project, which will be included in the third fiscal package. The project includes raising the retirement age and capping pensions. The reform is urgent and necessary, said the official, who also warned […]
UNICEF has launched the Romanian-language version of the podcast On My Mind (În Mintea mea), created to support young people's mental health, with the support of global streaming platform Spotify. The Romanian-language version of the podcast complements the work carried out by UNICEF in Romania, which is currently implementing an initiative aimed at promoting the […]
