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 Ministry of Sound Classical show will arrive in Romania for the first time in 2026. The event will take place at Romexpo - Pavilion B in Bucharest on December 12. The Ministry of Sound Classical concept blends iconic dance tracks with the power of a live symphony orchestra. The Bucharest edition will feature a […]
Residential developer Alesonor announced the appointment of the technology group for construction services STRABAG Romania as the general contractor for the construction of Phase II of the Amber Forest suburb, located in Tunari, Ilfov County - close to Bucharest. The project includes building a residential area that will include 172 housing units, comprising a total […]
Stanford professor and psychiatrist Dr. Anna Lembke, one of the most influential international voices in the field of addiction and mental health, will speak in Bucharest about digital dependency, burnout, and the attention crisis in the business environment at Impact Bucharest 2026. Lembke, the author of the global bestseller Dopamine Nation: Finding Balance in the […]
Bucharest’s flexible office market expanded strongly in 2025, with new deliveries tripling year-on-year and total stock reaching 74,000 sqm across 48 locations. The segment now accounts for more than 2% of the city’s modern office inventory, according to data released by real estate services firm iO Partners. Total flex supply grew by 8.1% compared with […]
Starting July 1, Romania will take over the rotating presidency of the South-East European Cooperation Process from Bulgaria until June 30, 2027. According to a statement from the Ministry of Foreign Affairs, Romania’s mandate will last one year and will be officially taken over at the SEECP Summit in Sofia, scheduled for June 2026. The institution […]
Bosch has appointed Dan Lăzărescu as director of its Engineering Center in Cluj, effective January 2026, in addition to his role as the group’s representative in Romania. The move marks a strategic step aimed at strengthening synergies between Bosch’s Romanian divisions, the company said. Lăzărescu, who has served as general manager of Robert Bosch S.R.L. […]
