MetaWealth, the Fintech startup with offices in Bucharest, Dublin and Toronto, has sold its first real estate asset to 153 retail investors from Romania, Cyprus, Austria, Switzerland, the UK, Denmark, Belgium, the Netherlands, the Czech Republic, Canada, Sweden, and Greece, for a combined value of USD 2.14 million. The sale, achieved in record time since MetaWealth first launched across the […]

Connections Consult (CC), a group of digital transformation companies listed on the AeRO Market of the Bucharest Stock Exchange, is primarily focused on its custom software development line in 2023. The company estimates total revenues of 15 million euros, of which 8 million euros will be generated solely by the software development segment. Connections Consult’s forecasts are based primarily on […]

The mobile network Vodafone GigaNetwork has been certified “Best in test” for the second consecutive year by the independent German auditor umlaut, part of Accenture, which sets industry standards through measurements of over 200 mobile networks in over 120 countries. This is the eighth consecutive year when Vodafone Romania‘s mobile network receives recognition by the German auditor. “In the current […]

The European Investment Fund (EIF) has signed a €5 million loan to Patria Bank, a Romanian lender specialised in financing small and microentrepreneurs with limited access to finance. The Tier II subordinated loan transaction, backed by InvestEU, will help strengthen Patria Bank’s capital position, thus facilitating further growth and development, with the ultimate goal of improving access to finance for […]

Thoughtworks (NASDAQ: TWKS), a global technology consultancy that integrates strategy, design and engineering to drive digital innovation, today released Volume 28 of the Technology Radar, a biannual report informed by Thoughtworks’ observations, conversations and frontline experiences solving its global clients’ toughest business challenges. With artificial intelligence (AI) becoming even more accessible and embedded in the business, the report states that […]

The Romanian e-commerce market registered an upward trend in the first quarter of 2023, with the total value of orders being over 180 million euros, despite high inflation, according to an analysis by Limitless Agency, one of the largest digital marketing agencies in Romania. In Q1, the largest order placed online was a TV worth more than 148,000 euros. According […]

The freight transport market in Romania continued its growth rate in the first quarter of the year, but below the level of 2022, against the background of the decrease in consumption and implicitly in industrial production, shows an analysis by DSV Road, the third largest service transportation company in Europe. In this context, DSV Road recorded up to a 10% […]

Franchwise, the leader in the franchises consulting market in Romania and in CEE, carried out an internal analysis according to which the number of Romanian companies (franchisors) that rely on development through the franchise system increased by 30% in the period 2020-2022 compared to 2019. Franchising has become one of the preferred business scaling methods for Romanian entrepreneurs due to […]

Star Storage, a Romanian technology company founded in 2000, offers a full scholarship as part of its CSR program “I Believe in Romania” to young managers interested in science and innovation who wish to participate in the LEADERS Challenge program. The LEADERS Challenge program, organized by the Leaders Foundation, provides a framework for developing leadership and management skills through experiential […]

Veeam® Software, the leader in Modern Data Protection and Ransomware Recovery, today announced that it has been ranked the #1 global provider by International Data Corporation (IDC) in its latest IDC Semiannual Software Tracker, 2022H2 for Data Replication & Protection software.  The tracker reports that Veeam, with a year-over-year growth rate (not adjusted for constant currency) of 8.1%, grew faster […]

Schneider Electric™, the global leader in the digital transformation of energy management and automation, introduces Easy UPS 3-Phase Modular. This robust uninterruptible power supply (UPS) is designed to protect critical loads while offering third-party verified Live Swap functionality. Easy UPS 3-Phase Modular available in 50-250 kW capacity with N+1 scalable configuration and supports the EcoStruxureTM architecture, which offers remote monitoring […]

Color Smart, the sole importer and distributor in Romania and Moldova of premium and premium plus brands Novacolor, Color Smart, and Pittsburgh Paints, announces investments of over 800,000 euros in a new business line. On June 8th, the company will officially launch its own premium paint brand in Romania. The investment in initial stock amounted to approximately 500,000 euros, a […]