Category: Business

Hyperhuman secures a 200k Euro technology grant from EEA and Norway Grants by Innovation Norway to expand its AI capabilities

Hyperhuman secures a 200k Euro technology grant from EEA and Norway Grants by Innovation Norway to expand its AI capabilities

Hyperhuman, the AI-powered video platform made for the health & fitness industry, is proud to announce the start of a research and development project funded by a technology grant from the EEA  and the Norway Grants. With this important support, Hyperhuman aims to leverage the latest in AI technology to automate the video production and delivery process. Hyperhuman’s mission is […]

Read more ›
TotalSoft recorded a turnover of over EUR 31 million in 2022

TotalSoft recorded a turnover of over EUR 31 million in 2022

TotalSoft, one of the leading providers of business information systems in Central and Eastern Europe, recorded a turnover of over 31 million Eur in 2022, 26% higher than the previous year. The growth is due to investments in new and existing products, as well as the development of the partnership program, through which the company aims to create a business […]

Read more ›
BASF Group: Reporting on the 2022 business year

BASF Group: Reporting on the 2022 business year

BASF Group has shown resilience in the 2022 business year in a challenging market environment that was dominated by the consequences of the war in Ukraine and in particular by increased raw material and energy prices. As Dr. Martin Brudermüller, Chairman of the Board of Executive Directors, and Dr. Hans-Ulrich Engel, Chief Financial Officer, explained during the presentation of the […]

Read more ›
White Image, the largest email marketing company in Romania, ended 2022 with a turnover of over 1 million euros

White Image, the largest email marketing company in Romania, ended 2022 with a turnover of over 1 million euros

White Image, the first and largest email marketing company in Romania, recorded a turnover of over 1 million euros in 2022, amid increased demand for database development, strategy, and creative services. For 2023, in the context in which brands obtain increasingly poor results from social media advertising, especially Facebook, the company’s founders estimate a massive move to email and SMS […]

Read more ›
NextUp Solutions ended 2022 with a 50% increase in turnover

NextUp Solutions ended 2022 with a 50% increase in turnover

NextUp Solutions, one of the largest business software solutions companies, recorded a 50% increase in turnover in 2022 compared to the previous year, above the company’s estimates, in the first year after a rebranding process. The increase in demand for ERP and payroll software solutions, the launch of new solutions including SAF-T, e-Invoice, RO e-Transport and automation of repetitive business […]

Read more ›
Vatis Tech announces new funding round, as the company increased revenues 10 times last year

Vatis Tech announces new funding round, as the company increased revenues 10 times last year

During the last 15 months, the company raised 850,000 euros in funding. Romanian company Vatis Tech (https://vatis.tech/) announces a new funding round worth 650.000 euros. Existing investors led the round – Early Game Venture and Sparking Capital funds and Mălin Ștefănescu as an angel investor. Other private investors have also joined the current round. Vatis Tech is widely known for […]

Read more ›
A Romanian entrepreneur takes over 9% of the company Termene.ro and develops a unique platform in Romania to compete with LinkedIn Ads

A Romanian entrepreneur takes over 9% of the company Termene.ro and develops a unique platform in Romania to compete with LinkedIn Ads

The entrepreneur Daniel Slăvenie (35 years old), co-founder of Limitless Agency, one of the largest digital marketing agencies in Romania, takes over 9% of the financial data company Termene.ro. Through this investment, he wants to develop a platform that will compete with LinkedIn Ads in the long term. Termene.ro is the only platform in Romania that presents the financial data […]

Read more ›
TRUDA, the first Romanian company that analyses the performance of online store products using machine learning, aims for a turnover of 500,000 euros in its first year

TRUDA, the first Romanian company that analyses the performance of online store products using machine learning, aims for a turnover of 500,000 euros in its first year

TRUDA, the first Romanian machine learning startup capable of analysing online performance in real time to promote the best-selling products in the e-commerce industry, is launching on the market following an investment of 82,000 euros. In the first year of activity, the company plans new investments worth at least 250,000 euros in the development of the technological infrastructure and in […]

Read more ›
Connections enters the shareholding of the edtech company 10 Plus and acquires 25%

Connections enters the shareholding of the edtech company 10 Plus and acquires 25%

Connections Consult SA, listed on the AERO market of BVB and the leader of the digital transformation market in Romania, announces the acquisition of a 25% stake in the edtech 10 Plus Future Education SRL company. The company, specialized in online courses for adults and children, language courses, mathematics, Romanian language, etc. is the first acquisition in this year of […]

Read more ›
Orange: Financial information at 30 September 2022

Orange: Financial information at 30 September 2022

Growth in revenues and slight increase in EBITDAaL The Group confirms its financial objectives for 2022 ▪ Revenues for the third quarter 2022 rose 1.0%1 year on year, driven by: – Europe, which performed well (+3.2%) with Spain returning to growth – Africa & Middle East, which grew 4.2% and remains on course to meet its annual growth target of […]

Read more ›
Revolut Business and Up Romania concluded a partnership allowing business customers to temporary access their services for free

Revolut Business and Up Romania concluded a partnership allowing business customers to temporary access their services for free

Up Romania and Revolut have concluded a partnership, as a result of which companies in Romania can obtain free access, for 6 months, to one of the most modern expense management services – Revolut Business and, respectively, to the most flexible platform for granting extra-salary benefits to employees – Up Multibeneficii. Starting from 25 October, the companies that become Up […]

Read more ›
Experts with over 20 years in technology are joining Connections Consult and form the new Advisory Board

Experts with over 20 years in technology are joining Connections Consult and form the new Advisory Board

Connections Consult (CC), a group of digital transformation companies listed on the secondary market of the Bucharest Stock Exchange (AeRO), is pleased to announce its Advisory Board and the first meeting that took place in London on 16th September 2022. ”With the occasion of our first-year anniversary as a publicly traded company, we are proud to introduce our Advisory Board. […]

Read more ›