FOCUS
CBRE: The investment volume reached EUR 323 mln. in H1 2022, 6% higher than the same period last year
The total investment volume in Romania reached EUR 323 mln. in the first half of 2022, 6% higher compared with the amount transacted in the same period of the previous year, according to the Romania Real Estate Market Outlook 2022 research special report, launched by CBRE Romania, the leader of the real estate consultancy market. In the first six months, […]
Read more »- Tokenised Payment Transactions to Exceed 1 Trillion Globally by 2026; Driven by Click-to-Pay
- CBRE: The modern stock of industrial spaces in Romania reached approx. 6 million sq m in S1, Cluj and Timiș Counties having the highest level of under construction pre-let
- EY Study: Consumers are rethinking connectivity and content needs
- The ultimate guide to boosting and maintaining company morale remotely
NEW TECHNOLOGY
The Future is Here, and She’s a Lovely Stranger Named Frankie
Bringing work home can put stress on a marriage, especially when that “work” is a beautiful woman who seems too cozy with the husband. But in Bruce Deitrick Price’s genre-busting tragicomedy, Frankie, looks are deceiving. Raymond Mason, an AI genius and college professor, brings Frankie, his latest, most human-like creation, to dinner. Raymond knows his wife will be impressed. No […]
Read more »Data Center
Cluster Power Data Center becomes the first data center in Romania to achieve the world’s most prestigious certification, Uptime Institute Accredited
The data center built near Craiova by Cluster Power with the help of Tema Energy’s engineering team has officially achieved Tier III Design Accredited accreditation from the US Uptime Institute. Cluster Power is the first hyper-scalable data center with artificial intelligence capabilities in Romania. Uptime Institute is based in New York and brings together accredited experts who review and certify […]
Read more »- Data centers in Romania represent 3% of national electricity consumption
- Tema Energy, the largest Romanian data center developer, had a turnover of 8.7 million euros last year, 22% more than in 2020
- Creștere semnificativă a investițiilor în edge
- How Traditional Data Protection Strategies Increase the Risk for Your Business
IT Management
The Romanian automotive deep-tech startup OxidOS concluded its first seed round
OxidOS concluded its first seed round investment of 1.2 million euros. The round was led by EGV and joined by renowned business angels. The DLA Piper team and Nistorescu Law Office provided legal assistance for the transaction. Early Game Ventures is the most active Venture Capital fund in Romania as of 2021, maintaining its position in the second quarter of […]
Read more »- BASF again with strong earnings despite continued high prices for raw materials and energy
- Bento signs a contract for European funds worth 25 million lei
- ASEMER: IT industry, green energy, and FMCG have the greatest potential to attract Spanish investments in Romania
- CBRE: Bucharest can accommodate another 100,000 square meter mall
Enterprise Software
Sovos Announces Expanded Partnership with PwC Romania for Local Distribution of its SAF-T Reporting Solution
Global tax software provider Sovos today announced an expanded partnership with PwC Romania that will allow for the local distribution of Sovos’ SAF-T solution. The deal will take Sovos’ leading software solution and combine it with PwC Romania’s market-leading service and delivery capabilities in the region. PwC Romania is working with over 50 businesses in the region that will use […]
Read more »- NextUp: RO e-Factura invoicing system doesn’t bring visible benefits for the private sector. Manual data transfer to ANAF could take up to one week
- SAF-T reporting becomes easier with specialized NextUp software
- New Veeam Backup for Microsoft 365 v6 Adds More Control And Effortless Recovery of Critical Data
- CIEL Romania becomes NextUp and invests in new technologies
Security
Veeam Positioned as a Leader in the 2022 Gartner® Magic Quadrant for Enterprise Backup and Recovery Software Solutions for the Sixth Consecutive Time
Veeam® Software, the leader in backup, recovery and data management solutions that deliver Modern Data Protection, today announced it has been positioned by Gartner, Inc. in the Leaders quadrant of the 2022 Magic Quadrant for Enterprise Backup and Recovery Solutions. Not only does this mark the sixth consecutive time Gartner has recognized Veeam as a Magic Quadrant Leader, but it […]
Read more »IoT powered by ALLIED TELESIS
Vodafone Business Ranked as Leading IoT Roaming Vendor in Juniper Research Competitor Leaderboard 2022
A new study from Juniper Research has found the global number of roaming IoT connections will increase from 300 million in 2022 to 1.8 billion by 2027; representing 500% growth. The study ranked Vodafone Business as the leading service provider in the IoT roaming space. On Vodafone Business’ leading position in Juniper Research’s Competitor Leaderboard, Phil Skipper, Head of IoT […]
Read more »Cloud Computing
Europe’s technology industry saw a rise of 17.30% in cloud deal activity in Q1 2021
Led by $2.5bn acquisition of Itiviti Group, Europe’s technology industry saw a rise of 17.30% in cloud deal activity during Q1 2021, when compared to the last four-quarter average, according to GlobalData’s deals database. A total of 295 cloud deals worth $12.3bn were announced for the region during Q1 2021, against the last four-quarter average of 251.50 deals. Of all […]
Read more »- Premier League Selects Oracle Cloud Infrastructure to Power New Advanced Football Analytics
- IBM Cloud Satellite Brings Hybrid Cloud to the Edge
- NATO selects Thales to supply its first defence cloud for the armed forces
- Luminor Bank Adopts IBM Cloud for Financial Services to Accelerate Digital Transformation
Retail
Zacaria Retail Park Cisnădie to be opened near Sibiu, after an investment of 11 million euros
Zacaria Group, the largest developer of logistics spaces in Sibiu, will open a retail park in Cisnădie, Sibiu, next year following an investment of more than 11 million euros. Zacaria Retail Park Cisnădie will occupy a leasable area of 9,000 square meters and an attractive mix of tenants secured through an exclusive leasing partnership with CBRE Romania, the market leader […]
Read more »- easySales targets a financing round via SeedBlink, to expand into the UK and the USA
- Romanian retailer Vagabond Studio trading under the name „Made by Society” announces its first store abroad, in London, assisted by CBRE Romania and CBRE UK
- The newest retail park in Bucharest reached the last stretch: Lemon Retail Park to be opened in September
- New Digital Clothing App Helps Retailers Cut Costs During Pandemic
Apps
Bento signs a contract for European funds worth 25 million lei
Bento, Intellectually Curious (BVB: BENTO), a Romanian entrepreneurial company listed on the AeRO market of the Bucharest Stock Exchange, specialized in the development and implementation of software solutions and the provision of IT and Cloud infrastructure services, announces the approval of a project with European funds worth approximately 25 million lei within the Competitiveness Operational Program (POC) 2014 – 2020, […]
Read more »- Voxa is expanding in the Republic of Moldova and is targeting a new round of financing
- Audiobooks are 12 times more sought than e-books
- DRESSINGZ raises 300.000 euro in the first pre-seed financing
- Maple Bear Global Schools partners with Kinderpedia to bring innovative school management and real-time communication to their educational communities across the world
Other News
The Romanian automotive deep-tech startup OxidOS concluded its first seed round
OxidOS concluded its first seed round investment of 1.2 million euros. The round was led by EGV and joined by renowned business angels. The DLA Piper team and Nistorescu Law Office provided legal assistance for the transaction. Early Game Ventures is the most active Venture Capital fund in Romania as of 2021, maintaining its position in the second quarter of […]
Read more ›CBRE: Almost 500,000 sq m of logistics spaces were leased in the first half of 2022, with 38% more than the same period last year
Approximately half of million sq m of logistics spaces was leased in Romania in the first semester of the year, according to the Romania Market Outlook 2022 research mid-year report, launched by CBRE Romania, the leader of the real estate consultancy market. The total leasing activity during H1 2022 is 38% higher than the amount transacted in the same period […]
Read more ›Vodafone launches the Vodafone Prepaid Card Super Prizes raffle, with a red Audi Q2 as the grand prize
Vodafone Romania announces the launch of the Vodafone Prepaid Card Super Prizes raffle and rewards current or potential prepaid card users. For each activation of the Vodafone Card or for recharging an existing one with at least EUR 3 credit, until September 18th, Vodafone customers will have the chance to win one of the more than 200 prizes made available […]
Read more ›CBRE: Romania modern stock of office spaces reached over 4.3 mln. sq m in Q2. Another 335,300 sq m to be delivered by 2023
With 76% of the modern stock of office spaces in Bucharest, the office segment has reached over 4.3 mln. sq m all over the country in the first semester of 2022, according to the Romania Office Destinations 2022 research special report, launched by CBRE Romania, the leader of the real estate consultancy market. Moreover, the vacancy rate in the office […]
Read more ›Veeam Positioned as a Leader in the 2022 Gartner® Magic Quadrant for Enterprise Backup and Recovery Software Solutions for the Sixth Consecutive Time
Veeam® Software, the leader in backup, recovery and data management solutions that deliver Modern Data Protection, today announced it has been positioned by Gartner, Inc. in the Leaders quadrant of the 2022 Magic Quadrant for Enterprise Backup and Recovery Solutions. Not only does this mark the sixth consecutive time Gartner has recognized Veeam as a Magic Quadrant Leader, but it […]
Read more ›CBRE: The investment volume reached EUR 323 mln. in H1 2022, 6% higher than the same period last year
The total investment volume in Romania reached EUR 323 mln. in the first half of 2022, 6% higher compared with the amount transacted in the same period of the previous year, according to the Romania Real Estate Market Outlook 2022 research special report, launched by CBRE Romania, the leader of the real estate consultancy market. In the first six months, […]
Read more ›BRITA selects sustainable Styrenics Solution from INEOS Styrolution based on biomass balanced styrene from BASF
BRITA, INEOS Styrolution and BASF have announced today that BRITA has selected a range of INEOS Styrolution’s sustainable Terluran® ECO, Styrolution® PS ECO and NAS® ECO materials as materials of choice for its portfolio of water filter jugs. The materials include the recently introduced NAS ECO, a styrene methyl methacrylate (SMMA) material, which is the result of a cooperation between […]
Read more ›Connections Consult contributes to the transparency of social dialogue by creating the first platform that monitors all legislative initiatives
Connections Consult (CC), a group of digital transformation companies, listed on the Main Market of the Bucharest Stock Exchange, contributes to the transparency of social dialogue by developing the first platform that facilitates communication between government organizations and civil society, through a partnership with Concordia Employers’ Confederation, an organization which represents the business environment at the public debates at the […]
Read more ›DRUID joins forces with Infermedica to launch innovative symptom checker Virtual Assistant for private healthcare network Regina Maria
DRUID with the help of specialized healthcare technology solution provider Infermedica. The implementation is a novelty on the Romanian healthcare market, leveraging conversational AI technology’s benefits to give Romanian patients a safer, more efficient symptoms checker tool, guiding them towards the right medical primary care, based on their described symptoms. The new intelligent Virtual Assistant, available free of charge to […]
Read more ›BASF again with strong earnings despite continued high prices for raw materials and energy
“Despite the continued high raw materials and energy prices, we again achieved strong earnings in the second quarter,” said Dr. Martin Brudermüller, Chairman of the Board of Executive Directors of BASF SE, presenting the results for the second quarter of 2022 together with Chief Financial Officer Dr. Hans-Ulrich Engel. BASF had already released preliminary figures on July 11. The BASF […]
Read more ›Bento signs a contract for European funds worth 25 million lei
Bento, Intellectually Curious (BVB: BENTO), a Romanian entrepreneurial company listed on the AeRO market of the Bucharest Stock Exchange, specialized in the development and implementation of software solutions and the provision of IT and Cloud infrastructure services, announces the approval of a project with European funds worth approximately 25 million lei within the Competitiveness Operational Program (POC) 2014 – 2020, […]
Read more ›Tokenised Payment Transactions to Exceed 1 Trillion Globally by 2026; Driven by Click-to-Pay
A new study from Juniper Research has found the total number of tokenised payment transactions will exceed 1 trillion globally by 2026; rising from 680 billion in 2022. This represents growth of 58% over the next 4 years. It attributed this growth to the rise of ‘one-click’ solutions, such as Click-to-Pay, using card-on-file tokenisation to store a customer’s payment credentials; […]
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