Globalworth, the leading office investor in Central and Eastern Europe (CEE) and the leader of the Romanian office market, announces that it has signed an agreement with eMAG, CEE’s ecommerce shopping destination, to set up its headquarters as a tenant in the state-of-the-art building Globalworth Square in Bucharest, one of the highest-ranked buildings in Globalworth`s portfolio. The newly signed deal […]

According to International Data Corporation’s (IDC) Worldwide Augmented and Virtual Reality Spending Guide, European augmented reality and virtual reality (AR/VR) spending will reach $1.1 billion and $3.4 billion, respectively, in 2023. By 2027, AR/VR spending will reach $10.5 billion, growing at a 24.9% CAGR for 2022–2027. Though AR/VR spending has been revised down since the previous forecast due to high […]

Cegeka, a European ICT service provider with headquarters in Belgium, has announced its expansion to Greece with the opening of a new office in Athens. This new location will serve as Cegeka’s fourth country of their European Delivery Center after Romania, Moldova and the Czech Republic. In addition to Cegeka’s European Delivery Center regions, from where customers are serviced, Cegeka […]

The franchise market continues its growth at an accelerated pace in 2023, given the high interest of Romanians in opening a franchise business. Thus, in the first quarter of the year, approximately 30% more franchises were opened in Romania than in the first quarter of 2022, according to Franchwise, the largest consulting company in the field of franchises in Romania. […]

Spending on telecom services and pay TV services in Europe, the Middle East, and Africa (EMEA) increased by 2.4% year on year in 2022, reaching $449 billion, according to the Worldwide Semiannual Telecom Services Tracker published by International Data Corporation (IDC). IDC forecasts EMEA spending on telecom and pay TV services will increase by 2.7% this year and reach a […]

Encora, a global next-gen digital engineering provider, today announced that it has signed a definitive agreement to acquire Softelligence, a Romanian software engineering services provider, to establish Encora’s first delivery centers in Europe. Encora’s growing global presence enables the company to deliver nearshore services to clients in the Americas, Asia Pacific, Australia and now Europe as well.   “Softelligence is […]

Atos, a global leader in digital transformation, high-performance computing and information technology infrastructure, announces its revenue for the first quarter of 2023. Atos’ leadership team, Nourdine Bihmane, Diane Galbe and Philippe Oliva, declared: “Atos recorded a robust +2.8% organic revenue growth in Q1 with both businesses delivering on their 2023 priorities. Under its new commercial brand, Eviden reported another solid […]

Thoughtworks (NASDAQ: TWKS), a global technology consultancy that integrates strategy, design and engineering, today celebrates our 30-year anniversary of solving our clients’ most complex problems with the latest technology. From 2021, the company is also present in the Romanian market. With three offices, in Bucharest, Cluj-Napoca, and Iași, Thoughtworks has around 250 employees in Romania, most of them software development […]

Eviden, the Atos business leading in digital, cloud, big data and security, announces that 3 of its cybersecurity experts based in Romania took part in the largest international cyber defense exercise, ”Locked Shields 2023”, organized by the NATO Cooperative Cyber Defense Center of Excellence (CCDCOE). The exercise took place in Tallinn, Estonia, at the end of April. It brought together […]

Against the backdrop of high inflation, 75% of online retailers in Romania have as their main business objective the expansion of their product ranges, to meet consumer needs, satisfy customers’ desire for diversity, and increase sales, according to an analysis conducted by Limitless Agency, one of the largest digital marketing agencies in the local market. At the same time, to […]

New analysis by Brand Finance reveals that the world’s top 100 B2B brands account for USD2 trillion in brand value. Yet almost USD1 trillion of business value remains untapped by B2B brands, who lag behind B2C brands in terms of brand contribution to business value. The USD2 trillion in brand value of the top 100 B2B brands accounts for 12% […]

A proposed European law that could require communications companies, including WhatsApp, Signal and Facebook Messenger, to scan the contents of private and encrypted messages for child abuse material is likely to be annulled by the European Court of Justice, according to the European Union’s (EU) own internal legal advice. The controversial EU law, known as “chat control”, will allow governments […]