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.
Daniel Christian Hulea, a Romanian man accused of contributing to the NetWalker ransomware attacks, has been sentenced to 20 years in prison after pleading guilty to conspiracy to commit computer fraud and wire fraud, according to a public announcement from the US Department of Justice. NetWalker was a Ransomware-as-a-Service operation launched in 2019, which recruited […]
The new Romanian government, headed by the same Social Democratic prime minister, Marcel Ciolacu, recently made its governance program public. Among its objectives are reducing the level of bureaucracy, maintaining the flat tax rate, and reducing the budget deficit to 7% in 2025. To reach its goals, the government reduced the number of ministries to […]
The European Commission (EC) announced on Monday, December 23, that it disbursed payments under the Recovery and Resilience Facility (RRF) to Czechia, Germany, Italy, Portugal, and Romania, totaling EUR 26.8 billion in loans and grants. Under this latest disbursement, Romania received EUR 37.05 million as part of its second payment request. By comparison, according to the...
Romanian film trilogy Moromeții, directed by Stere Gulea, will be presented at the 54th edition of the Rotterdam International Film Festival, taking place from January 30 to February 9, 2025. This renowned European event, which annually presents hundreds of films across more than 20 sections, will feature the three films - Moromeții (1987), Moromeții 2 […]
Romania issued state aid worth EUR 1.3 billion during 2019-2023, with 62% of the projects being granted to foreign companies, according to an analysis conducted by EY Romania. The sectors that benefited the most from aid were the automotive industry, technology, manufacturing (light industry), medical industry, and the food and beverage industry. According to the […]
The Abracadabra – Secrets of Magic interactive exhibition will transform Arcub – Hanul Gabroveni in Bucharest into a magical universe starting December 27, 2024. Running until May 4, 2025, the event offers visitors the opportunity to explore a labyrinth of magic, featuring over 20 interactive attractions and more than 500 live performances by MAGITOT and […]
