At the end of the third quarter of 2022, Bucharest modern office stock reached 3.30 mln. sq m, registering only 5 office projects delivered in the first nine months of this year. By the end of the current year, just one additional project is estimated to be completed, making 2022 a particularly record year, with the lowest number of office […]

Schneider Electric, the leader in the digital transformation of energy management and automation, today announced a raft of innovations that will help businesses, industry and infrastructure providers navigate the energy and climate crises through increased electrification and digitalization (Electricity 4.0). The innovations, spanning software, hardware and services offerings within the company’s Energy Management business, were unveiled at the Innovation Summit […]

The Romanian self storage market has identified itself as a stable market reaching 25,000 rentable sq m in 2022, which represents 0.2% share of total Europe area, according to the European Self Storage Industry research special report, launched by CBRE, the leader of the real estate consultancy market. As of 31 March 2022, 43% of the lettable area is occupied, […]

Energy utility companies are facing several challenges. In addition to the growing demand for electricity and ever-shifting energy sources, utilities must also consider sustainability, cost control and cybersecurity. Digital transformation is the key to overcoming these challenges. Forward looking executives increasingly recognize the value of cellular connectivity to enable and accelerate that process. Digital growth in the utility industry Energy […]

Connections Consult (stock exchange symbol CC), the market leader in digital transformation, announces the signing of a contract for the implementation of an integrated management IT system, which will contribute to the efficiency and improvement of the operational activities of the Superior Council of Magistracy (CSM). The total value of the project amounts to 7.38 million RON including VAT and […]

Revolut, the global financial super app with over 20 million retail customers, today launched Revolut Pay – a new secure online checkout feature which allows UK and EEA merchants to present ‘Revolut Pay’ as a payment method across product, cart, and checkout pages. Revolut Pay aims to disrupt the payments ecosystem by making shopping online even easier as it facilitates […]

DRUID has partnered with Christian Tour to develop a conversational virtual assistant that will assist travelers in receiving personalized offers and information quickly and consistently. Christian, a dynamic and convenient conversational virtual assistant, available on the travel operator’s website, allows for more fluid and less structured conversations than typical forms-based experiences, assisting users in easily selecting the travel destination that […]

2021 saw another record year of self-checkout shipments, with 200,000 units delivered worldwide Vibrant market sees new entrants Shipments of self-checkout units increased by 11% last year, according to Global EPOS and Self-Checkout 2022, a new study by strategic research and consulting firm RBR. Alongside sustained demand for self-checkout in the grocery sector, an increasingly wide range of retailers are […]

kevin., the next-generation payment tech infrastructure provider of direct, safe, and resilient end-to-end financial transactions, has partnered with Switchio by Monet+, an independent software platform managing thousands of payment terminals in Europe. As a result, kevin.’s account-to-account (A2A) payments will be available on all POS (point-of-sale) terminals connected to the Switchio platform. Switchio by Monet+ works with multiple acquirers to […]

Anchor Grup, one of the top players on the real estate market in Romania, with 25 years of experience, announces that Select Residences, its newest premium residential complex in the company’s portfolio, has reached a pre-contracting rate of 40%, in only two months after the launch of the project sales. The construction of the project has already started, and it […]

Approximately half of million sq m of logistics spaces was leased in Romania in the first semester of the year, according to the Romania Market Outlook 2022 research mid-year report, launched by CBRE Romania, the leader of the real estate consultancy market. The total leasing activity during H1 2022 is 38% higher than the amount transacted in the same period […]

With 76% of the modern stock of office spaces in Bucharest, the office segment has reached over 4.3 mln. sq m all over the country in the first semester of 2022, according to the Romania Office Destinations 2022 research special report, launched by CBRE Romania, the leader of the real estate consultancy market. Moreover, the vacancy rate in the office […]