Other News

Inctrl.ai, a unique recruitment platform in Romania, launched after an investment of almost 8 million lei

Inctrl.ai, a unique recruitment platform in Romania, launched after an investment of almost 8 million lei

The company Intelactsoft (Intelligence Act SRL) launches on the market Inctrl.ai, an IT recruitment platform, developed through a project financed from the European Regional Development Fund through the Competitiveness Operational Program 2014-2020 in value of 7,977,612.78 lei, of which non-refundable financial assistance of 4,451,632.11 lei (3,783,887.30 lei representing the ERDF and 667,744.81 lei national budget). Through the platform, which is […]

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Revolut expands stocks trading in EEA

Revolut expands stocks trading in EEA

Revolut, the global financial super app with more than 28 million retail customers, has announced the expansion of its trading platform in the European Economic Area (EEA). Thanks to the successful operationalization of its European trading entity, the company can now offer US listed stocks to all its customers in the EEA and proposes to the new-joiners of the trading […]

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Schneider Electric investing €40 million in new smart factory in Hungary

Schneider Electric investing €40 million in new smart factory in Hungary

Schneider Electric, the leader in the digital transformation of energy management and industrial automation, broke ground on its new smart factory in Dunavesce, Hungary. With a planned investment of €40 million, the new site will span 25,000 m2 and have a headcount of 500 employees. The 36th smart factory in Europe, this will be the 22nd engeneering-to-order factory in the […]

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Atenor appoints Viorel Lăcătuș, former Property Investment Director at CBRE, as Country Manager

Atenor appoints Viorel Lăcătuș, former Property Investment Director at CBRE, as Country Manager

Atenor, the sustainable and international urban property developer with European expertise listed on the Euronext market, appoints Viorel Lăcătuș as Country Manager of the company for Romania. Viorel has a strong background in the real estate market and vast experience in the industry of more than 19 years. His career started at CBRE in 2004 in the office lease department […]

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Connections Consult exceeded financial estimates for 2022

Connections Consult exceeded financial estimates for 2022

Connections Consult (CC), a group of digital transformation companies, listed on the AeRO Market of the Bucharest Stock Exchange, reported consolidated revenues of 58,46 million lei in 2022 and a gross profit of 5,11 million lei, with an increase of 48% compared to 2021. In the reporting period, Connections recorded a 29% increase in revenues compared to last year on […]

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White Image: Companies invest 25% more than last year in the loyalty of Romanian customers, who are saving more and more due to inflation

White Image: Companies invest 25% more than last year in the loyalty of Romanian customers, who are saving more and more due to inflation

Companies in Romania are investing 25% more than last year and 37% more compared to 2020 in customer loyalty, having budgets between 2,000 euros and 30,000 euros on average, to prevent a decrease in sales, in the context in which more and more Romanians are becoming prudent due to increased inflation, according to White Image data, the first and largest […]

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ID Scanner: Over 10,000 working hours saved by the ID card data scanning application

ID Scanner: Over 10,000 working hours saved by the ID card data scanning application

Connections Consult SA, the leader of the digital transformation market in Romania, listed on the AeRO market of the Bucharest Stock Exchange (BSE) under the symbol CC, estimates an increase in the number of companies that will use smart solutions in their digital transformation path. Such an application, ID Scanner, developed by Connections, which automatically extracts data from the ID […]

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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 […]

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TRUDA: Romanian ecommerce is growing this year, especially in the luxury area, where sales are 50% higher

TRUDA: Romanian ecommerce is growing this year, especially in the luxury area, where sales are 50% higher

In 2023, the ecommerce market is defined by a series of changes, including the fact that Romanians make purchase decisions more slowly, but buy more frequently and in larger quantities online, the luxury segment has spectacular sales, and online stores are changing their focus to promoting products that bring higher profits. Thus, this year, the ecommerce market will grow by […]

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EXEC-EDU launches an elite program that prepares board members

EXEC-EDU launches an elite program that prepares board members

EXEC-EDU, the leader of the executive education market in Romania, launches a portfolio of courses addressed to organizations that want to increase their competitiveness by professionalizing their boards of directors. These courses will be attended by both entrepreneurs or founders of non-governmental organizations, as well as managers from corporations who are interested to apply for a board position. The program […]

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BASF advances integrated solutions to accelerate agriculture’s transformation

BASF advances integrated solutions to accelerate agriculture’s transformation

BASF presents the latest advancements in its agricultural innovation pipeline of crop protection, seeds and traits, and digital solutions. Their focus is to provide much-needed solutions for farmers to overcome local and crop system specific pest pressures, climate challenges, changing regulatory requirements and rising consumer expectations. Executing on its strategy in agriculture announced in 2019, the company is directing its […]

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Smart Metering to Generate $60 Billion in Revenue for Vendors Globally by 2027, According to Juniper Research

Smart Metering to Generate $60 Billion in Revenue for Vendors Globally by 2027, According to Juniper Research

A new study from Juniper Research, foremost experts in the sustainable technology market today, found that hardware, connectivity and service revenue from smart meter deployments, and in use, will exceed $60 billion in 2027; up from $41 billion in 2023. This 44% growth reflects how smart meters are becoming critical to increasing the efficiency of energy grids via analytics; central […]

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