Category: IT Management

Connections sells its Service Delivery division and continues investments in technology and cybersecurity

Connections sells its Service Delivery division and continues investments in technology and cybersecurity

Connections, a technology company listed on the Bucharest Stock Exchange, AeRo market (symbol CC), announces the separation of its “Service Delivery” division and its transfer to Outsourcing Support Services S.R.L. (OSSR). As part of this process, OSSR, including its subsidiaries in Bulgaria and Serbia, will be fully sold in a €4.5 million transaction, subject to certain Closing conditions. The division […]

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SGS Releases the Results from its Annual General Meeting

SGS Releases the Results from its Annual General Meeting

All the resolutions proposed by the Board of Directors were approved at the Annual General Meeting that took place today in Geneva. This included the approval of the scrip dividend proposal, the Company’s financial and non-financial reports, the election of all proposed members of the Board of Directors, as well as the relocation of the Company’s registered office. Calvin Grieder, […]

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Schneider Electric launches next-generation MCCB for renewable applications

Schneider Electric launches next-generation MCCB for renewable applications

Schneider Electric, the leader in the digital transformation of energy management and automation, today launched its EasyPact Solar MCCB range, designed to meet modern customer expectations, including the demand for a dependable, sustainable solution.   In the electrical industry, achieving net zero means addressing two major challenges: the limitations of fossil fuel-based plants in meeting rising electricity demand, and the […]

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SAP supports the National University of Science and Technology POLITEHNICA Bucharest, promoting technological education and professional development of students

SAP supports the National University of Science and Technology POLITEHNICA Bucharest, promoting technological education and professional development of students

SAP and the Association for the Technology of the Future announce the launch of SIMfo, a laboratory within the National University of Science and Technology POLITEHNICA Bucharest. The lab, supported by SAP, aims to enhance the education and professional development of students and features state-of-the-art technology and equipment. Also, through the SAP University Alliance program, SAP provides educational resources based […]

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To Stay Competitive, Romania’s IT Sector Must Sell Innovation, Not Just Billable Hours

To Stay Competitive, Romania’s IT Sector Must Sell Innovation, Not Just Billable Hours

Voxxed Days Bucharest 2025, an event dedicated to IT professionals and software developers, will take place on March 26-27, 2025, at Crowne Plaza Hotel Bucharest. This year, the conference reaches the next level by emphasizing the development of intrapreneurial skills among software developers—an essential step in shifting from an outsourcing-based model to one focused on innovation. The 2025 edition of […]

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Schneider Electric implements another 44 million € investment in Dunavecse

Schneider Electric implements another 44 million € investment in Dunavecse

Schneider Electric, the leader in the digital transformation of energy management and automation, is expanding its Duna Smart Power Systems (DSPS) smart factory in Dunavecse, which opened last year. The new facility covering 18,000 square metres, is being constructed with an investment of 44 million €. Schneider Electric is adapting its capacity flexibly in response to market demands while adhering […]

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MGX backs Binance in landmark investment

MGX backs Binance in landmark investment

Binance, the world’s largest cryptocurrency exchange, and MGX, the Abu Dhabi-based AI and advanced technology investor, have announced a landmark $2 billion investment. This transaction, the first institutional investment in Binance to date, marks a significant step in advancing digital asset adoption and reinforcing blockchain’s role in global finance. It is also the single largest investment into a crypto company […]

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Endava Selected as a Partner in the OCRE 2024 Framework to Support Cloud Adoption in Research and Education

Endava Selected as a Partner in the OCRE 2024 Framework to Support Cloud Adoption in Research and Education

Endava (NYSE: DAVA), a global provider of digital transformation, has been selected as a partner in the Open Cloud for Research and Education (OCRE) 2024 framework. This EU-compliant procurement framework, administered by GÉANT, the collaboration of European National Research and Education Networks (NRENs), enables European educational institutions to access innovative cloud services, fostering digital transformation in research and education. The […]

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Bible Chat from the Early Game portfolio raises a $14 million Series A

Bible Chat from the Early Game portfolio raises a $14 million Series A

Early Game Ventures, the most active investment fund in Romania and among the most active VC funds in Central and Eastern Europe, according to Vestbee and ROPEA, announces the first major investment raised by a Romanian startup this year: Bible Chat closed a $14 million investment round today, February 19th. The Series A round was led by True Ventures, a […]

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Xiaomi maintains second place in Romania at the end of 2024, according to Canalys

Xiaomi maintains second place in Romania at the end of 2024, according to Canalys

Xiaomi maintains its second position on the Romanian market, in terms of number of units, at the end of the January-December 2024 period, according to the latest report by the technology market analysis company Canalys. In the CEE region, Xiaomi leads the ranking in terms of number of units, with a market share of 31%, for the entire 2024. In […]

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Limitless Agency has reached a turnover of 6.4 million euros in 2024, up 51% compared to the previous year

Limitless Agency has reached a turnover of 6.4 million euros in 2024, up 51% compared to the previous year

Limitless Agency, one of the main digital marketing agencies on the Romanian market, reported a turnover of approximately 6.4 million euros (31,938,356.73 RON) in 2024, a 51% increase from the 4.25 million euros recorded in the previous year. According to the Emarketer report, the global digital marketing market grew by about 10% in 2024, a trend that was also observed […]

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Schneider Electric Once Again Recognized as Top Ranked Sustainability Leader in the Canalys Sustainable Ecosystems Leadership Matrix

Schneider Electric Once Again Recognized as Top Ranked Sustainability Leader in the Canalys Sustainable Ecosystems Leadership Matrix

Schneider Electric, the leader in the digital transformation of energy management and automation, has received the top ranking for the Canalys “Global Sustainable Ecosystems Leadership Matrix” for the second time in a row alongside Lenovo, HP and Dell. The recognition underscores Schneider Electric’s commitment to sustainable practices and innovation, while supporting channel partners in the process. Vendors ranked as Champions […]

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