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 […]

A team of Romanian entrepreneurs, founders of Naratix, has created five robots based on artificial intelligence that work non-stop, reducing return rates by up to 60% and increasing the average order in online stores by up to 30%. The robot employees were developed in approximately 12 months, with an investment of €350,000, and by the end of the year, their […]

The TEF (Testing and Experimentation Facility) programme planned for five areas – healthcare, industry, agri-food, energy and smart cities – aims to streamline the certification and testing of artificial intelligence and robotics solutions in real-world environments. The Portugal-led health consortium just launched the first call for applications dedicated to the founders from the European healthcare sector. This initiative is underscored […]

Schneider Electric, the leader in the digital transformation of energy management and automation, today announced that it has committed to invest in a portfolio of Texas-based clean energy projects utilizing a Tax Credit Transfer Agreement (TCTA) for solar and battery storage systems developed, built, and operated by ENGIE North America (ENGIE). The contracted projects are expected to come online throughout […]

Allevo successfully completes a complex project, supporting 17 banks successfully connect to the new ReGIS system, operated by the National Bank of Romania. These account for half of the system’s participant banks and sum a market share of about 50%. „ReGIS is the national funds transfer system with real-time gross settlement (RTGS) for payments in lei owned and operated by […]

The company “HVAC Ventilation Systems” Constanta, a major player in the design, execution and maintenance of HVAC installations and power infrastructure, adopts state-of-the-art software solutions to optimize processes and strengthen project control, in partnership with TotalSoft, one of the leading providers of business information systems in Central and Eastern Europe, and Infinity Business Center, a provider of integrated project management […]

In trend research released last fall, BASF stated that the traditional automotive color wheel was going through a transformation. The recently released 2023 BASF Color Report for Automotive OEM Coatings provides hard data to back up that trend. Achromatic colors, which have always formed the foundation of automotive color, are experiencing a significant shift. While white continues to hold its […]

VTEX ( NYSE: VTEX), the composable and complete commerce platform for premier brands and retailers, proudly announces its win in the Best Interface Developer Portal category at the DevPortal Awards 2023. This award acknowledges VTEX’s commitment to revolutionizing the developer experience with its pragmatic approach to composability and underscores its dedication to empowering the global developer community. Competing against industry […]

Schneider Electric, the leader in the digital transformation of energy management and automation, earned the leader ranking in Verdantix’s  recent “Green Quadrant: Energy Management Software 2023.” This recognition highlights Schneider Electric’s comprehensive capabilities and solutions and progressive approach to system integration.    The global energy and climate crises have generated a surge of interest in energy management software, as organizations […]

Christmas shopping is moving online this year. Thus, according to a Happy Advertising report, online stores expect a 50% increase in orders in December 2023 compared to December last year. The largest online order is recorded in the gifts segment, valued at 7,000-10,000 lei. 2023 is the year in which most Romanians make purchases for the winter holidays. Most orders […]

Nokian Tyres starts to accelerate the recruitments for its new production unit in Oradea, Bihor County. There are almost 350 available positions for 2024, including managers and production workers. All of them will have the chance work in the world’s first zero CO2 emission tire factory, which is scheduled to produce the first tire in the second half of 2024. […]

Siemens Healthineers aims to scan 1 billion patients with photon-counting based computed tomography scanners within the next decade, bringing its unique state-of-the-art imaging within reach of more and more communities. Over 500.000 patients have been scanned with the system so far at a large installed base, in settings ranging from privately owned practices to large university hospitals, each with its […]