Genpact (NYSE: G), a global professional services and solutions firm delivering outcomes that shape the future, today unveiled its third Artificial Intelligence (AI) Innovation Center in Bucharest, Romania, a pivotal component of Genpact’s AI-first approach. The centers are a launchpad for innovation, facilitating learning, experimentation, and building AI-focused growth-oriented solutions for Genpact’s global clients. Genpact’s AI Innovation Center in Bucharest […]

The mandatory adoption of e-invoicing starting in January 2024 has generated unprecedented turmoil in Romania. The business environment was not prepared for this moment, according to the majority of surveys conducted last year. Even though e-invoicing had the advantage of two stages already rolled out (B2G transactions and transactions involving products with high fiscal risk were the first stages of […]

The era of the easy, frictionless supply chains is over. In a post-pandemic world, companies had to adopt a just-in-case strategy for their supply chains, where hoarding inventory offered a safety net for unforeseen supply chain disruptions. However, reworking supply chains is complex and expensive, with no quick fixes. As the world’s manufacturing hub, China controls many global supply chains. […]

Following the announcement made in October 2023 regarding the first 4G calls made on a shared Open RAN network in Romania, Vodafone and Orange announce that they have successfully expanded their pilot project in certain rural areas, including fully integrated 2G virtualized RAN (vRAN) technology, an innovation representing an international first over a shared operational network (RAN sharing). This achievement […]

Romania’s strategic decision to acquire and operate the F-35 Lightning II jets will not only strengthen the country’s defense and security capabilities and solidify its position within NATO, but also provide enormous opportunities for the involved industries. The F-35 is the only fifth-generation fighter currently in production capable of supporting job creation for the next 40 to 50 years. Its […]

Eviden, the Atos Group business leading in digital, cloud, big data and security today announces its participation, for the second time in a row, in the largest defense technology exhibition in Eastern Europe – BSDA, where it will present its dedicated portfolio for defense, aerospace, public safety, and critical infrastructure. The event will take place May 22-24 in Romaero, Bucharest. […]

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 […]