Other News

Connections: operating result +146% in the first nine months of 2026, revenue above the annual budget

Connections: operating result +146% in the first nine months of 2026, revenue above the annual budget

Connections (stock symbol CC), a flagship company in Romania’s digital transformation market, announces revenue growth and the consolidation of operating profitability in the first nine months of 2026. Operating revenue rose by 22%, reaching RON 135.97 million, and the operating result increased by 146% to RON 19.17 million, while the operating margin doubled, exceeding 14%. Gross profit reached RON 19.55 […]

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Vertiv and Infineon Deepen Strategic Partnership for Critical Power Infrastructure

Vertiv and Infineon Deepen Strategic Partnership for Critical Power Infrastructure

Vertiv Holdings Co. (NYSE: VRT), a global leader in critical digital infrastructure, announced a three-year strategic agreement with Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) to deepen their long-standing collaboration and support long-term reliable access to, and supply of, critical silicon (Si) and silicon carbide (SiC) power semiconductors. The strategic agreement supports supply continuity and reliable, on-time delivery as […]

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VanEck enters Romania with 41 ETFs and 15 crypto ETNs

VanEck enters Romania with 41 ETFs and 15 crypto ETNs

VanEck, the global asset manager with approximately USD 244 billion* in assets under management, today announced its entry into Romania. VanEck has registered 41 UCITS ETFs for distribution and also makes 15 crypto ETNs available, giving professional and private investors in Romania access to its range across sectors, asset classes, investment themes and digital assets. Our ETFs and ETNs are […]

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Deloitte Romania assisted Adrem Group in the acquisition of Electroechipament Industrial Group

Deloitte Romania assisted Adrem Group in the acquisition of Electroechipament Industrial Group

A multidisciplinary team of financial and tax consultants from Deloitte Romania and mergers and acquisitions lawyers from Reff & Associates | Deloitte Legal assisted the entrepreneurial Adrem Group, an important player in Romania’s energy services market, in the acquisition of Electroechipament Industrial Group (EEI), a Romanian company specialized in the design, execution and commissioning of energy infrastructure. The transaction was […]

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Black Friday 2026: Real-Time Updates from the PayU Romania Media Center

Black Friday 2026: Real-Time Updates from the PayU Romania Media Center

On Black Friday, PayU Romania is providing live updates on market developments and consumer trends on the biggest day of the year for e-commerce. Breaking News – 12.15  As of 12.15 , PayU Romania reports the following statistics from its Media Center: Market-level figures: • Total payment volume processed across the market on Black Friday: 611 mil. RON PayU figures: • Total […]

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Vertiv Completes Acquisition of UtilityInnovation Group

Vertiv Completes Acquisition of UtilityInnovation Group

Vertiv Holdings Co. (NYSE: VRT) (“Vertiv”), a global leader in critical digital infrastructure, today announced its wholly-owned subsidiary, Vertiv Corporation, has completed its acquisition of Utility Innovation Holdings, Inc., which operates as UtilityInnovation Group (“UIG”) for approximately $1.45 billion in upfront cash. The transaction includes additional contingent consideration of up to $1.15 billion in cash based on achieving certain earnings […]

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What does Gen Z want to protect? First on the list: the mobile phone

What does Gen Z want to protect? First on the list: the mobile phone

A broken screen, a stolen bike, a festival you never made it to. For Generation Z, these are the risks that matter, and 95% of Romanians aged 16–23 say they would pay to feel protected against them, according to a Cult Research study conducted for Life is Hard (LIH) and recently presented at Technology Insurance Days (TID) 2026. Top 5: […]

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Vertiv Simplifies High-Density AI Infrastructure Deployment Across Data Center Environments

Vertiv Simplifies High-Density AI Infrastructure Deployment Across Data Center Environments

Vertiv Holdings Co. (NYSE: VRT), a global leader in critical digital infrastructure, today introduced the Vertiv™ SmartIT solution, a pre-engineered architecture designed to simplify high-density AI deployments for enterprises, research institutions and colocation providers across existing facilities and new data centers. Previously deployed with NVIDIA to support the NVIDIA DGX™ GB300, the highest-performing, largest-scale AI system available for enterprises, the […]

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Vertiv Completes Acquisition of King Environmental Services Ltd., Expanding Global Fluid Management Services

Vertiv Completes Acquisition of King Environmental Services Ltd., Expanding Global Fluid Management Services

Vertiv Holdings Co. (NYSE: VRT), a global leader in critical digital infrastructure, today announced it has completed its acquisition of King Environmental Services Ltd. (KES), a Europe-based provider of fluid management, commissioning and load-testing services for high-density, liquid-cooled data centers. The acquisition expands Vertiv’s global thermal management services capabilities into Europe, Middle East and Africa (EMEA) and advances its strategy […]

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Visa and Symphopay announce strategic partnership to help banks develop and modernise merchant acquiring solutions across CEE

Visa and Symphopay announce strategic partnership to help banks develop and modernise merchant acquiring solutions across CEE

The partnership connects Visa Intelligent Authorisation with Symphopay ONE, giving acquirers (banks and other financial institutions) a faster path to launch integrated acquiring operations, modernise legacy payment processing through a single API connection and unlock innovation. Visa, a global leader in digital payments, and Symphopay, a financial technology company specialising in merchant acquiring infrastructure, today announced a strategic partnership to […]

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Water shortages will threaten growth within five years, say over half of European industrial leaders

Water shortages will threaten growth within five years, say over half of European industrial leaders

Schneider Electric, a global energy technology leader, today released The Water Crunch Report, new research revealing that water is now one of the biggest risks to industrial business continuity across the UK and Europe, ranking as highly as cyber-attacks and supply chain disruption. This echoes last year’s US-focused research from Schneider Electric, where over half (56%) of business leaders said […]

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Vertiv Targets Up to 30% More Cumulative AI Token Output in First 12 Months Using NVIDIA DSX, Polar Deploys Approach at Norway Site

Vertiv Targets Up to 30% More Cumulative AI Token Output in First 12 Months Using NVIDIA DSX, Polar Deploys Approach at Norway Site

Pre-engineered reference designs enable configuration and validation up to 10x faster, combined with factory-built infrastructure for faster deployment, integrated with Dassault Systèmes’ 3DEXPERIENCE agentic platform. At NVIDIA GTC Berlin, Vertiv Holdings Co. (NYSE: VRT) and NVIDIA today introduced an AI factory approach that combines rapid configuration and virtual validation of pre-engineered reference architectures with factory-built deployment. The approach is designed […]

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