Month: April 2024

Year-end closing: clarifications and recommendations for Romanian companies

Year-end closing: clarifications and recommendations for Romanian companies

In today’s dynamic economy, the financial year-end poses a significant challenge for Romanian companies. This process is not merely a formality but a strategic opportunity for analysis and planning. By taking a close look at financial performance and identifying trends, companies can proactively prepare for future challenges and develop sustainable growth strategies. 2023 saw numerous changes in tax and accounting, […]

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Vantage Towers Romania’s Customer Portal accelerates the digital transformation efforts of Romania

Vantage Towers Romania’s Customer Portal accelerates the digital transformation efforts of Romania

Vantage Towers, one of the leading European infrastructure operators, contributes to the acceleration of Romania’s digital transformation, through its innovative Customer Portal application. Developed by Vantage Towers, the revolutionary geo-mapping application changed the management of the telecommunications infrastructure and brought significant customer benefits. With the help of this innovative platform, customers can access a detailed geographical map, based on the […]

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M247 Europe: We will invest in our data centres to support the development of Artificial Intelligence solutions

M247 Europe: We will invest in our data centres to support the development of Artificial Intelligence solutions

M247 Europe, one of the leading providers of Data Centre and cloud solutions in Romania and present in 26 countries worldwide, announces the prioritisation of investments in equipping data centres with a range of high performance GPU  powered servers plus a new range of CPU’s to provide to support the evolution of the digital environment and improve energy efficiency. The […]

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Ciprian Condur System Innovation Romania:  “In 2023, we invested over 5,000 hours of work in aligning SAP Business One with RO eFactura. It was a challenge to adapt our delivery capacity to support both legislative changes and the increased number of new projects.”

Ciprian Condur System Innovation Romania: “In 2023, we invested over 5,000 hours of work in aligning SAP Business One with RO eFactura. It was a challenge to adapt our delivery capacity to support both legislative changes and the increased number of new projects.”

System Innovation Romania, the leading SAP Business One partner in the local market, exceeded the threshold of 2.6 million euros in revenue in 2023, achieving an annual growth rate of 21.5%. Revenue was predominantly generated from consultancy and implementation services for the SAP ERP system, complemented by Business Intelligence and automation. Projects alternated between new SAP Business One implementations and […]

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Digital Realty and Schneider Electric Partner to Undertake Data Center Circular Economy Initiative

Digital Realty and Schneider Electric Partner to Undertake Data Center Circular Economy Initiative

Schneider Electric, the leader in digital transformation of energy management and automation, has partnered with Digital Realty (NYSE: DLR), the largest global provider of cloud and carrier-neutral data center, colocation and interconnection solutions, to deliver an innovative circular economy initiative at its PAR6 data center in Paris. The project aims to prolong and maintain the life of the mission-critical systems […]

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XIGA is selling car insurance directly through TikTok for the first time,  using the embedded insurance system

XIGA is selling car insurance directly through TikTok for the first time, using the embedded insurance system

XIGA, an insurtech startup advancing the concept of Embedded Insurance in the Central and Eastern Europe region, and in which LIFE IS HARD holds a 10% stake through LIH Ventures, is launching the first car insurance campaign embedded within the TikTok platform in Romania. This initiative is in partnership with Tudor Bratu, an automotive content creator and former TV show […]

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ASSA ABLOY: Romanians value home protection – 50% say they don’t save money when it comes to home security

ASSA ABLOY: Romanians value home protection – 50% say they don’t save money when it comes to home security

According to the data of a study carried out by ASSA ABLOY Opening Solutions Romania, the local market leader in access solutions, Romanian customers demonstrate an exceptional level of awareness regarding home security. Three-quarters of those surveyed consider the security of locks, doors and access systems to be essential, and 53% say they do not compromise when it comes to […]

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