Category: INDUSTRY

1 million Romanians go to the mall every day

1 million Romanians go to the mall every day

Romanians make more than 32 million visits to the mall every month, according to the latest data collected by Brand Management, the leader of the Romanian indoor communication market and the first profile company with national coverage. Of these, almost 30% are in Bucharest. “Going to the mall is a social behavior in our country. After the pandemic, people returned […]

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tbi bank offers Open Banking services to merchant partners by joining forces with IRIS Solutions payment platform

tbi bank offers Open Banking services to merchant partners by joining forces with IRIS Solutions payment platform

Lowering costs and increasing the speed of online payments have become essential in an era of growing price volatility. tbi bank is partnering with Open Banking provider IRIS Solutions to help both consumers and retailers make faster, lower-cost payments. tbi bank will offer the customers and retailers the ability to make and accept account-to-account payments using the services of IRIS […]

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DSV Road: 2022, a spectacular year for the freight industry

DSV Road: 2022, a spectacular year for the freight industry

After two years of the pandemic that slowed growth in many areas, the freight transport industry has grown rapidly, 2022 being a spectacular year for companies in the field, amid the growing demand for transport services, is the conclusion of DSV Road, one of the largest transport service companies in Romania and Europe. Thus, in this context, last year DSV […]

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White Image: To cope with the predicted economic crisis, retailers will make more effective use of existing data, artificial intelligence and other technologies

White Image: To cope with the predicted economic crisis, retailers will make more effective use of existing data, artificial intelligence and other technologies

In 2023, retailers expect a 10% increase in sales of products or services compared to last year, as artificial intelligence and other emerging technologies will be used more intensively to attract customers and promote brands, shows an analysis made by White Image, the largest email marketing agency in Romania. At the same time, the company emphasizes that retailers are preparing […]

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VTEX: How retailers can achieve profitability goals in 2023

VTEX: How retailers can achieve profitability goals in 2023

VTEX (NYSE: VTEX), the global enterprise digital commerce platform for premier brands and retailers, has launched its new retail profitability research paper, “Three Investments to Drive Ecommerce Growth”, at NRF 2023, a retail event in New York. The research, powered by VTEX partner AWS, highlights important investment opportunities for retailers looking to earn profitable growth, despite the economic headwinds ahead. […]

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Schneider Electric Unveils First-of-its-Kind Simple, Smart, Sustainable Home Energy Management Solution at CES 2023

Schneider Electric Unveils First-of-its-Kind Simple, Smart, Sustainable Home Energy Management Solution at CES 2023

Schneider Electric, the leader in the digital transformation of energy management and automation, unveiled Schneider Home – a first-of-its-kind home energy management solution for homeowners seeking savings, comfort, and energy independence – today at the Consumer Electronics Show (CES) in Las Vegas (booth #53711). The Schneider Home energy management solution includes a home battery for clean energy storage, a high-power […]

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Romanian company Limitless Agency ends the year with a turnover of 4 million euros and plans to enter the USA and the UK markets

Romanian company Limitless Agency ends the year with a turnover of 4 million euros and plans to enter the USA and the UK markets

Limitless Agency, one of the main digital marketing companies in Romania, market leader in marketing technology and PPC and SEO services, announces a turnover of approximately 4 million euros this year and plans to expand to the first foreign markets, in the USA and in the UK, in 2023. “The stability we have on the Romanian market, together with the […]

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Mazars releases 2022 ‘Financial Reporting of European Banks’

Mazars releases 2022 ‘Financial Reporting of European Banks’

Mazars, the international audit, tax and advisory firm has released the fifth edition of its Financial Reporting of European Banks report, which focuses on European banks’ expected credit loss (ECL) levels in H1 2022. The report is based on an analysis of information published in the 2022 interim reports of 26 banks across 11 European countries including the UK, France, […]

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DSV Road: Over 500,000 Christmas trees and 2,000 tons of sweets arrive in Romania for the winter holidays, the total amount of imported goods increasing by 20%

DSV Road: Over 500,000 Christmas trees and 2,000 tons of sweets arrive in Romania for the winter holidays, the total amount of imported goods increasing by 20%

The amount of imported goods increases by 20% for winter holidays compared to other periods, the main products brought to Romania being Christmas trees, clothes, sweets, and specific Christmas decorations. Thus, 50,000 tons of goods enter the country per week for brick-and-mortar stores or online shops, according to DSV Road, one of the largest transport service companies in Romania and […]

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White Image: In the month of gifts, retailers sell 5%-20% less products

White Image: In the month of gifts, retailers sell 5%-20% less products

In December, one of the most effervescent shopping periods of the year, retailers will see a decrease of between 5% and 20% in the number of products sold compared to the same month last year, but they will have higher revenues by about 5% in the context of high inflation, shows an analysis carried out by White Image, the largest […]

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DSV Road: Romania’s entry into the Schengen Area would accelerate the growth of the freight industry and the local economy

DSV Road: Romania’s entry into the Schengen Area would accelerate the growth of the freight industry and the local economy

In the context of the blocking of Romania’s entry into the Schengen Area, the goods transport industry loses a series of benefits that would have reflected positively on the entire business environment, on numerous local businesses that depend on import and export and implicitly on the Romanian economy, according to DSV Road, the third largest global provider of transport and […]

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Connections Consult improves access to justice by implementing the electronic file

Connections Consult improves access to justice by implementing the electronic file

Connections Consult SA, listed on the AERO market of BVB and the leader of the digital transformation market in Romania, signed a new significant contract with the Ministry of Justice for the implementation of the ECRIS management system, which facilitates access to justice and implements the electronic file. The project, one of the most complex in recent years in the […]

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