Romanian Business Consult (RBC), the largest IT solutions integrator for the food industry ans retail, purchased all shares of Smartpay Software, an IT application producer set up in 2016 and with a business of 4.4 million lei in 2021, data supplied by Profit.ro. The shares were sold by Sebastian Alexandru Ionita -32.5%, Marius Viorel Constantinescu – 32.5% and Cristian Florin Orascu – 2.5%. Smartpay Software product portfolio includes payment solutions by card on EFT-POS terminals and cash deposit solutions in self service system, middleware for transactions, monitoring and management solutions for terminal fleets. Following the purchase, RBC group completes its team and has 50 specialists in software development and application implementation and over 235 service engineers and national support , covering the whole range of software and IT services for modern retail and banking sectors. In December 2020, RBC took over Ropeco, a local supplier of solutions and equipment in the field of cash processing. RBC was set up in 2013 and is fully controlled by Bluekit Limited (Cyprus), according to Termene.ro. Company business advanced slightly in 2021 to 164.1 million lei and profit increased to 10.77 million lei.
Romanian prime minister Ilie Bolojan stated during an interview on Wednesday, December 17, that there should be no statute of limitations in cases of serious corruption. The statement comes after a Recorder investigation, which showed that several heads of the major institutions in the Romanian justice system allegedly delayed trials for years until wrongdoings were […]
President Nicușor Dan has challenged, before the Constitutional Court (CCR), the constitutionality of the law that requires that at least 40% of the athletes who play on a team in official national competitions be Romanian. Dan noted that the law violates the principle of non-discrimination and the free movement of workers, enshrined both in the […]
Craiova International Airport will open its new passenger terminal on Thursday, December 18, completing a major infrastructure investment aimed at significantly expanding capacity and improving air connectivity in southwestern Romania. It is part of a broader expansion and modernization project financed through the Large Infrastructure Operational Programme (POIM) 2014–2020, with a total value exceeding EUR […]
Romania is set to be connected to the Western European energy network thanks to grid investments worth EUR 30 billion. The funds will be provided by the EU by 2035, and the project will link Romania to Hungary and Austria in a joint project. Romanian energy minister Bogdan Ivan signaled the signing of the new […]
Franck Bagouet has been appointed managing director of TotalEnergies Marketing Romania SA and managing director of Automotive Southeast Europe Hub TotalEnergies Marketing. He succeeds Didier Grimault, who has accepted a new position within the TotalEnergies company. “I am glad to join this dynamic affiliate and confident that, together with our talented team, we will reinforce […]
Databricks, the data analytics and artificial intelligence company co-founded by Romanian professors Ion Stoica and Matei Zaharia, announced on Tuesday, December 16, that it is raising USD 4 billion in funding at a valuation of USD 134 billion, according to CNBC. The new valuation represents a 34% increase compared to the August round, when Databricks […]
