Category: Business

BASF Group’s EBIT before special items in line with analysts’ consensus in third quarter 2023; outlook for 2023 unchanged

BASF Group’s EBIT before special items in line with analysts’ consensus in third quarter 2023; outlook for 2023 unchanged

BASF Group’s sales in the third quarter of 2023 amounted to €15.7 billion, down by €6.2 billion compared with the prior-year period. The decline was mainly due to considerably lower prices, primarily in the Materials, Chemicals and Surface Technologies segments. Higher prices in the Agricultural Solutions segment had a positive effect. In addition, sales performance was weighed down by considerably […]

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ALIANT announces the partnership with SHARP Printing Solutions and becomes the official distributor, in Romania, of the Japanese consortium

ALIANT announces the partnership with SHARP Printing Solutions and becomes the official distributor, in Romania, of the Japanese consortium

The Romanian company Aliant, IT integrator, provider of digital transformation services and Xerox partner for 30 years, adds to its portfolio dedicated to both resellers and end customers, the equipment and printing services of the Sharp company. One of the strongest brands on the Asian market, Sharp offers, through its Document Management and Printing division, secure, configurable services that bring […]

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Franchwise and Logiscool announce a new partnership to expand the franchise with 10 more educational centers, among which they aim to enter the market in the Republic of Moldova

Franchwise and Logiscool announce a new partnership to expand the franchise with 10 more educational centers, among which they aim to enter the market in the Republic of Moldova

Franchwise, the largest consulting company in the field of franchises, announces the expansion of its partnership with Logiscool Romania, the largest educational franchise in the country specialized in programming and robotics courses for children and teenagers, through which it aims to develop the Logiscool network with 10 more new units in the next two years, including entering the market in […]

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Termene.ro grew in the first half of the year

Termene.ro grew in the first half of the year

Termene.ro, the business intelligence platform from Romania, which integrates data analyzed with the help of artificial intelligence about companies, recorded a turnover of 1.2 million euros (6 million lei) in the first half of 2023, up to 37% compared to the same period last year. “The year 2023 started with a lot of dynamism for Termene.ro, with a new strategy […]

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NextUp Solutions, record growth of 100% in the first half of 2023

NextUp Solutions, record growth of 100% in the first half of 2023

NextUp Solutions, one of the largest business software solutions companies, recorded a turnover of 7 million lei in the first half of 2023, a record growth of 100% compared to the same period last year. Over 100 new clients have been added to the portfolio of Romanian companies using NextUp’s services, bringing the total number of active clients to approximately […]

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The Romanian-British Chamber of Commerce (BRCC) requests the modernization of the Double Taxation Convention between Romania and Great Britain in the context of Brexit

The Romanian-British Chamber of Commerce (BRCC) requests the modernization of the Double Taxation Convention between Romania and Great Britain in the context of Brexit

In the context of the urgency and the unique opportunity to manage the systemic problems faced by the business environment, as a result of Brexit , the Romanian-British Chamber of Commerce (BRCC) calls for an integrated approach to reconcile the short-term measures adopted by the authorities with concrete suggestions and with an emphasis on a strategic vision, and to ensure […]

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Transaction in the email marketing market: the Mediapost Hit Mail group buys 75% of White Image

Transaction in the email marketing market: the Mediapost Hit Mail group buys 75% of White Image

White Image, the largest company in the email marketing sector in Romania, has been taken over 75% by Mediapost Hit Mail, the largest direct marketing group in Romania and Bulgaria, controlled by La Poste – the French state postal service. A quarter of the company will be owned by the founders of White Image, Grațiela Lupu and Andrei Georgescu, who […]

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For the second consecutive year, TotalSoft records growth rates in organic revenue of over 20%

For the second consecutive year, TotalSoft records growth rates in organic revenue of over 20%

, one of the leading providers of business information systems in Central and Eastern Europe, has recorded significant sales growth in the first quarter of 2023, following a 26% annual growth in 2022. Compared to the same period last year, organic revenue in the first quarter increased by approx. 23%, driven mainly by the key solutions in the portfolio, namely […]

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Encora Announces the Acquisition of Softelligence,  Establishing first European Delivery Capabilities

Encora Announces the Acquisition of Softelligence, Establishing first European Delivery Capabilities

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 […]

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Q1 2023: Strategic transformation continues to drive stronger performance

Q1 2023: Strategic transformation continues to drive stronger performance

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 […]

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Connections Consult estimates revenues of over 15 million euros in 2023

Connections Consult estimates revenues of over 15 million euros in 2023

Connections Consult (CC), a group of digital transformation companies listed on the AeRO Market of the Bucharest Stock Exchange, is primarily focused on its custom software development line in 2023. The company estimates total revenues of 15 million euros, of which 8 million euros will be generated solely by the software development segment. Connections Consult’s forecasts are based primarily on […]

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Star Storage announces a 19% increase in revenues in 2022 and the takeover of the shares held by EEAF by the company’s founder and CEO, Cătălin Păunescu

Star Storage announces a 19% increase in revenues in 2022 and the takeover of the shares held by EEAF by the company’s founder and CEO, Cătălin Păunescu

Star Storage, a global technology provider with a rich 22-year history of delivering cutting-edge digital business solutions and cloud services to leading public and private organizations, proudly announces a remarkable 19% increase in revenue for 2022 compared to the previous financial year, soaring from 8 million euros to an impressive 9.6 million euros. In addition, the company achieved a net […]

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