Harap Alb, the comics magazine, changed its shareholders, selling a 30% participation to Zitec, Romanian producer of online apps. The rest of 70% shares are owned by Roxana and Mihai Ionascu, the ones that launched the magazine in October and handled the first 3 editions.
Comics magazine Harap Alb – 30% shares sold to Zitec
Romanian entrepreneurial culture in the eyes of online pundits
Entrepreneurship in Romania has to overcome obstacles that Western countries are not familiar with, after communism crippled private initiative and entrepreneurs are only just learning lessons that in other countries have long been taught. But a free spirit and a daring mind can prove to be more successful than established patterns in the West, think the experts asked by BR.
IT Consultancy Saves up to 90 Percent on Relational Database Costs with Cloud Services
Zitec develops custom software and is known for its expertise with PHP development. The company developed a social-networking application for hotel reviews, but wanted to add hotel-price trends as a differentiating feature among competing products.
Romanian company Zitec invests in American startup Zipongo
Now that’s something quite out of the ordinary. Romanian company Zitec has recently announced it’s investment in the American startup Zipongo. Zitec will be holding a minority stake and is in this together with investors Founder Collective, co-founders of Flickr, Dr. Neal Baer, producer of the TV Show ER and Peter Dolan, ex CEO of farmaceutical giant Brystol Myers Squibb.
Real World SQL Azure: Interview with Alexandru Lapusan, CEO at Zitec
Real World SQL Azure: Interview with Alexandru Lapusan, Chief Executive Officer at Zitec