Category: IT Management

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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SGS Releases the Results from its Annual General Meeting

SGS Releases the Results from its Annual General Meeting

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, […]

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Schneider Electric launches next-generation MCCB for renewable applications

Schneider Electric launches next-generation MCCB for renewable applications

Schneider Electric, the leader in the digital transformation of energy management and automation, today launched its EasyPact Solar MCCB range, designed to meet modern customer expectations, including the demand for a dependable, sustainable solution.   In the electrical industry, achieving net zero means addressing two major challenges: the limitations of fossil fuel-based plants in meeting rising electricity demand, and the […]

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SAP supports the National University of Science and Technology POLITEHNICA Bucharest, promoting technological education and professional development of students

SAP supports the National University of Science and Technology POLITEHNICA Bucharest, promoting technological education and professional development of students

SAP and the Association for the Technology of the Future announce the launch of SIMfo, a laboratory within the National University of Science and Technology POLITEHNICA Bucharest. The lab, supported by SAP, aims to enhance the education and professional development of students and features state-of-the-art technology and equipment. Also, through the SAP University Alliance program, SAP provides educational resources based […]

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To Stay Competitive, Romania’s IT Sector Must Sell Innovation, Not Just Billable Hours

To Stay Competitive, Romania’s IT Sector Must Sell Innovation, Not Just Billable Hours

Voxxed Days Bucharest 2025, an event dedicated to IT professionals and software developers, will take place on March 26-27, 2025, at Crowne Plaza Hotel Bucharest. This year, the conference reaches the next level by emphasizing the development of intrapreneurial skills among software developers—an essential step in shifting from an outsourcing-based model to one focused on innovation. The 2025 edition of […]

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Schneider Electric implements another 44 million € investment in Dunavecse

Schneider Electric implements another 44 million € investment in Dunavecse

Schneider Electric, the leader in the digital transformation of energy management and automation, is expanding its Duna Smart Power Systems (DSPS) smart factory in Dunavecse, which opened last year. The new facility covering 18,000 square metres, is being constructed with an investment of 44 million €. Schneider Electric is adapting its capacity flexibly in response to market demands while adhering […]

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