The implementation of e-KYC (electronic-Know Your Customer) solutions can generate an increase in the number of customers for telecom operators between 10% and 20% within the first three months post-implementation. This percentage varies depending on the efficiency of the existing enrolment process and the speed of the e-KYC solution implementation, according to an analysis by QOOBISS, a fintech company focused […]

Saint-Gobain Romania and OMV Petrom sign an agreement for the purchase of electricity from renewable sources for all Saint-Gobain facilities at local level. Based on this agreement, OMV Petrom will supply approximately 800 GWh of green energy to 14 Saint-Gobain locations in Romania over the next five years, thus contributing to the Group’s sustainability objectives and Saint-Gobain’s decarbonisation efforts. Deliveries […]

First closing occured on April 25 and marks the official launch of the second Early Game Ventures investment fund, which has a total value of 60 million euros. The new fund will invest exclusively in early-stage technology startups, continuing the thesis of the first Early Game fund. It will focus on areas such as cyber security, enterprise software, and AI […]

Eviden, part of the Atos Group, a leader in digital, cloud, big data and security, announces the launch of CloudSecOps Center in Romania. Located in Timisoara, the new center combines cloud and cybersecurity capabilities, offering customers a unique portfolio of cloud services. Part of Eviden’s global network of Cloud Centres and connected to the 17 SOCs (Security Operation Centres) managed […]

In today’s dynamic economy, the financial year-end poses a significant challenge for Romanian companies. This process is not merely a formality but a strategic opportunity for analysis and planning. By taking a close look at financial performance and identifying trends, companies can proactively prepare for future challenges and develop sustainable growth strategies. 2023 saw numerous changes in tax and accounting, […]

Vantage Towers, one of the leading European infrastructure operators, contributes to the acceleration of Romania’s digital transformation, through its innovative Customer Portal application. Developed by Vantage Towers, the revolutionary geo-mapping application changed the management of the telecommunications infrastructure and brought significant customer benefits. With the help of this innovative platform, customers can access a detailed geographical map, based on the […]

M247 Europe, one of the leading providers of Data Centre and cloud solutions in Romania and present in 26 countries worldwide, announces the prioritisation of investments in equipping data centres with a range of high performance GPU  powered servers plus a new range of CPU’s to provide to support the evolution of the digital environment and improve energy efficiency. The […]

System Innovation Romania, the leading SAP Business One partner in the local market, exceeded the threshold of 2.6 million euros in revenue in 2023, achieving an annual growth rate of 21.5%. Revenue was predominantly generated from consultancy and implementation services for the SAP ERP system, complemented by Business Intelligence and automation. Projects alternated between new SAP Business One implementations and […]

Schneider Electric, the leader in digital transformation of energy management and automation, has partnered with Digital Realty (NYSE: DLR), the largest global provider of cloud and carrier-neutral data center, colocation and interconnection solutions, to deliver an innovative circular economy initiative at its PAR6 data center in Paris. The project aims to prolong and maintain the life of the mission-critical systems […]

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 […]

According to the data of a study carried out by ASSA ABLOY Opening Solutions Romania, the local market leader in access solutions, Romanian customers demonstrate an exceptional level of awareness regarding home security. Three-quarters of those surveyed consider the security of locks, doors and access systems to be essential, and 53% say they do not compromise when it comes to […]

Vertiv, (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, has been selected by the University of Pisa to extend its existing data centre infrastructure and provide the new power and liquid cooling equipment needed to meet the new demands of high-performance computing systems and maintain high operational flexibility. The University of Pisa, founded in 1343, is […]