Category: IT Management

Schneider Electric named Most Sustainable Corporation in Europe by Corporate Knights

Schneider Electric named Most Sustainable Corporation in Europe by Corporate Knights

Schneider Electric, the leader in the digital transformation of energy management and automation, has been ranked the Most Sustainable Corporation in Europe by Corporate Knights, a Canadian media and research company focused on corporate sustainability performance.  This recognition places Schneider Electric at the top of the inaugural Europe 50 ranking, which evaluated over 600 publicly listed European companies across a […]

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High Local Market Demand for Technology Drives 29.8% Business Growth for  System Innovation Romania in 2024

High Local Market Demand for Technology Drives 29.8% Business Growth for System Innovation Romania in 2024

System Innovation Romania, a SAP partner and ERP solutions integrator, closed 2024 with significant financial growth and a clear strengthening of its market position. The company reported a turnover of €3.3 million, marking a 29.8% increase compared to the previous year, while its profit margin rose by 17.7%, surpassing the 13.2% threshold recorded in 2023. Although the number of new […]

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Vodafone Romania builds the first 5G Standalone educational mobile private network in the National University of Science and Technology Politehnica Bucharest

Vodafone Romania builds the first 5G Standalone educational mobile private network in the National University of Science and Technology Politehnica Bucharest

Vodafone Romania, in partnership with the National University of Science and Technology Politehnica Bucharest and Fifth Ingenium, sets out to implement the 5G-ENRICH (5G-Edge Network for Reinventing Innovation in Community and Higher-Education) project, a digital infrastructure initiative supported by the European Commission through the CEF Digital programme. The project was one of the 53 selected during the third round of […]

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BASF generated sales of approximately €11 billion with innovations last year

BASF generated sales of approximately €11 billion with innovations last year

In 2024, BASF generated sales of around €11 billion with products that have come on the market in the past five years and stem from research and development activities. These figures can also be found in the BASF Report 2024, which was published on March 21, 2025.  “Our long-term aim is to further increase our sales and earnings from new […]

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Early Game invests in Servo AI

Early Game invests in Servo AI

Early Game Ventures announces a seed investment in Servo AI, a startup at the intersection of computer vision and AI, which provides retail, HoReCa, and other brick-and-mortar businesses with unique real-time insights based on CCTV camera footage, helping them streamline their operations. The €1.2 million round is fully funded by Early Game Ventures from Early Game Fund II. Traditionally, CCTV […]

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Consistent growth in Q1 for Connections (CC) business: 1.3 million lei profit and +19 million lei revenues

Consistent growth in Q1 for Connections (CC) business: 1.3 million lei profit and +19 million lei revenues

“The results achieved exceeded both internal estimates and Q1 2024 performance, indicating a visible improvement in operational efficiency,” the company states in the report published on BVB. Connections (ticker symbol CC), a Romanian technology company listed on the AeRO market of the Bucharest Stock Exchange, announces its financial results for the first quarter of 2025. The company reported group-level revenues […]

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IT, Energy and Manufacturing: key sectors of interest for the Bavarian companies seeking partnerships in Romania

IT, Energy and Manufacturing: key sectors of interest for the Bavarian companies seeking partnerships in Romania

A delegation of around 20 business and political representatives from Bavaria, led by State Secretary Tobias Gotthardt of the Bavarian Ministry for Economic Affairs, Regional Development and Energy, is visiting Romania (Bucharest and Iași) and the Republic of Moldova (Chișinău) from May 14 to 17. The purpose of this business trip is to facilitate connections and explore partnership opportunities with […]

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Cegeka Romania: Over €62 Million Turnover in 2024,  Nearly 4% Growth from the Previous Year

Cegeka Romania: Over €62 Million Turnover in 2024, Nearly 4% Growth from the Previous Year

Technology company Cegeka Romania reported a turnover of over €62 million in 2024, representing a growth of nearly 4% compared to the previous year. This growth occurred despite a difficult and uncertain economic environment, as well as the removal of tax incentives in the IT sector, which created numerous challenges for companies in this industry. “2024 was a challenging year […]

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Schneider Electric and Start Campus Establish Scalable, Sustainable Foundation for AI and Cloud Infrastructure in Portugal

Schneider Electric and Start Campus Establish Scalable, Sustainable Foundation for AI and Cloud Infrastructure in Portugal

Schneider Electric, the global leader in energy management and automation, has partnered with Start Campus, a pioneer in the development of sustainable, AI-scale data center ecosystems, to deliver and operate its 26 Megawatt (MW) SIN01 facility in Sines. The SIN01 facility, operational since Q4’24 and the first building of Start Campus’ 1.2-Gigawatt (GW) campus, leverages a comprehensive suite of solutions […]

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AUSTRIACARD HOLDINGS: Investor Day 2025. Delivering sustainable and profitable growth

AUSTRIACARD HOLDINGS: Investor Day 2025. Delivering sustainable and profitable growth

AUSTRIACARD HOLDINGS (ACAG), an international applied technology group headquartered in Vienna and listed in the Athens and Vienna Stock Exchanges under the symbol ACAG, presented its “Path to Growth” yesterday at the Investors Day 2025. The management team outlined the company’s growth strategy and shared its medium-term financial targets for the next three years. Today’s updates are the foundation for […]

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Schneider Electric Joins EPRI’s DCFlex Initiative to Enhance Data Center Energy Efficiency

Schneider Electric Joins EPRI’s DCFlex Initiative to Enhance Data Center Energy Efficiency

Schneider Electric announced that it is joining the EPRI’s DCFlex initiative to explore how data centers can support the electric grid, enable better asset utilization, and support energy needs in the United States and around the world. EPRI’s DCFlex initiative is a three-year research and development project that aims to demonstrate how data centers can support and stabilize the electric […]

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Connections sells its Service Delivery division and continues investments in technology and cybersecurity

Connections sells its Service Delivery division and continues investments in technology and cybersecurity

Connections, a technology company listed on the Bucharest Stock Exchange, AeRo market (symbol CC), announces the separation of its “Service Delivery” division and its transfer to Outsourcing Support Services S.R.L. (OSSR). As part of this process, OSSR, including its subsidiaries in Bulgaria and Serbia, will be fully sold in a €4.5 million transaction, subject to certain Closing conditions. The division […]

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