Endava, the technology-driven business transformation group whose AI-native approach combines cutting edge technology with deep industry expertise, reveals that 85% of fintechs directors are planning to expand into new markets, 77% planning such expansion within 1-3 years, according to its latest report, “Powering Growth in the Global Payments Race” in partnership with Censuswide.  The survey was based on 500 senior […]

BASF Coatings and Toyota Motor Europe have signed an agreement to develop the Toyota Body&Paint program for Europe, building the foundation for a long-term strategic collaboration between the two companies for Toyota and Lexus brands. The partnership takes advantage of the premium automotive refinish solutions under the Glasurit and R-M brands in the European market. The Toyota Body&Paint program will […]

Acquisition positioned to strengthen leadership in high-density integrated infrastructure offerings Vertiv (NYSE: VRT), a global provider of critical digital infrastructure, today announced it has entered into an agreement to acquire the Great Lakes Data Racks & Cabinets family of companies (collectively “Great Lakes”) for $200 million. Great Lakes is recognized for designing and manufacturing innovative, highly customized data rack enclosures […]

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 […]

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 […]

“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 […]

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 […]

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 […]

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 […]

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 […]

All the resolutions proposed by the Board of Directors were approved at the Annual General Meeting that took place today in Geneva. This included the approval of the scrip dividend proposal, the Company’s financial and non-financial reports, the election of all proposed members of the Board of Directors, as well as the relocation of the Company’s registered office. Calvin Grieder, […]

Binance, the world’s largest cryptocurrency exchange, and MGX, the Abu Dhabi-based AI and advanced technology investor, have announced a landmark $2 billion investment. This transaction, the first institutional investment in Binance to date, marks a significant step in advancing digital asset adoption and reinforcing blockchain’s role in global finance. It is also the single largest investment into a crypto company […]