Plaisio Computers to boost activities

Plaisio Computers on Monday said it will proceed with a share capital increase of its subsidiary in Bulgaria, Plesio Computers JSC. Under the plan, Plesio Computers JSC will raise its share capital by around 850,000 euros ... More

Alcatel-Lucent lets go 560 workers in Romania

French-American Alcatel-Lucent group is going to lay off 564 Romanian employees in a programme intended to cut or outsource over 4,500 positions in Europe this year and next year, Mediafax informs. A total of 458 jobs will be ... More

Italian investors buys IT Computers trademark

The rights to use the Bosnian trademark It Computers for computers and accessories were acquires by an Italian investor. Director General of It Computers, Nihad Softic, confirmed that in this way products with the trademark would ... More

Cisco Expo for the first time in FYROM

Cisco Expo 2008, a two-day conference on the latest achievement in the network and innovation communications technologies of Cisco, will be held on 26th and 27th November in Skopje, in Hotel Aleksandar Palace, company officials ... More

Romania owns 13% of the IT servers used in the world for online frauds

Romania owns 13% of the total IT servers used in the world for online frauds and is exceeded only by the US that owns 41% of the servers, a Symantec study on the online underground economy and frauds shows. Our country has the ... More

Kontrax to collect and export used toners for recycling

Kontrax, the Bulgarian provider of software applications, cable systems and office furniture, has signed a contract with local DSK Bank to collect and export used toner cartridges, the company said during the BAIT Expo running in ... More

Omnilogic looks for locations to build 4-5 last generation data centers

Omnilogic, one of the largest IT companies in Romania, has planned to have a network of 4-5 data centers in the whole country by 201-2011, after having recently inaugurated the first such center with a 6 million euro investment. ... More

Euroweb Romania posts six million euros in H1 turnover

Euroweb Romania posted six million euros in turnover at the end of the second quarter, up by 23 percent as against the similar span of time in 2007, the figure fitting into the estimations made by the above-mentioned company in ... More

New export deals for Ericsson NT worth HRK 46 million

Mid in August Ericsson Nikola Tesla closed new export deals in Bosnia and Herzegovina worth HRK 46 million overall, reported the Zagreb Stock Exchange on Wednesday at its website. With the company’s partner, telecom ... More

US Gov’t funds company database software

The US government, through the United States Agency for International Development (USAID), will present in Sarajevo today the new IMS software bound for the Labour Inspectorates of the Federation of Bosnia Herzegovina and ... More

Konsing opening new commercial building

American-Serbia company Konsing is opening a new commercial building in Belgrade, worth USD 10.5 million. Konsing Group deals with consulting and engineering in telecommunications and IT and plans to generate income of USD 70 ... More

40 mln euro accord between SWO and Intracom to develop network

A 40 million euro agreement for the deployment of a wireless telecommunications network in Syria was signed between the Syrian Wireless Organization (SWO) and Greek Intracom Telecom. Under the framework of this contract, Intracom ... More

Personal ID creates market worth HRK 100 million

The implementation of the personal ID number will cost approximately HRK 110 million, including 97 million for buying IT equipment necessary for networking the state institutions. IT companies will be able to use this business ... More

Illegal use of software in half of Slovenian companies

Last year, the Market Inspectorate checked 2,915 computers and 10,433 computer programs in 147 companies discovering illegal use of at least one program in 76 companies. Inspectors sanctioned 76 companies, while 14 received a ... More

"ComTrade" officially takes over Slovenian "Hermes SoftLab"

Company "ComTrade Group" will make the takeover of Slovenian software company "Hermes Softlab" official tomorrow (April 8, 2008) in Ljubljana. Realization of this deal will result in creation of the largest international group ... More

ISP Speedy Net buys networks of 2 Sofia-based peers

Bulgarian private equity fund Advance Equity Holding said its subsidiary Speedy Net, an ISP company, has acquired the metropolitan networks of two Sofia peers, Relef et and Ava Computer Products. The deal adds 1,200 customers ... More

Alternative telco Orbitel invests 12 mln euro in nat'l optic network

Orbitel, the Bulgarian alternative telco owned by Magyr Telekom, said it has invested 12 mln euro in a nationwide fiber-optic backbone as the company positions itself as a key provider of broadband Internet. The untapped ... More

Bulgarian IT market hits $873 mln in '07

The Bulgarian IT market reached $873.25 mln in 2007, shows data of market research company IDC. 'The local market bears all the hallmarks of the wider regional marketplace, getting a tailwind from strong economic growth and ... More

Comtrade to acquire Hermes

Serbia’s largest IT firm is to pump 40mn EUR into the acquisition of international software firm HERMES SoftLab. None of the companies wish to reveal any details. Serbian computing firm ComTrade will take over its ... More

Electronics, ITC market will reach 1.5 bilion euro by 2010

The electronic retail market will register an annual growth rhythm of 10 – 15% by 2010 when it will reach the value of 1.5 billion euros, the representatives of Flamingo International group estimated. « We think that the ... More