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 […]

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 […]

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 […]

Boston Consulting Group (BCG), one of the world’s leading management consulting firms, announced today global sales of $11.7 billion for year-end 2022, with underlying revenue growth of 11% at constant exchange rates. This continues BCG’s sustained growth trajectory. Over the past decade BCG has more than tripled in revenues, mostly through organic growth. BCG’s global workforce grew to 30,000 in […]

Profluo, a startup that builds machine learning technology for the automatic processing of accounting documents, has reached a total investment of €625,000 less than a year after completing its first seed round. Along with Early Game Ventures, the main VC investor, a series of angel investors recently joined, including Bogdan Stanciu and Andreea Pipernea from the Bravva Angels community and […]

METAMINDS S.A., one of the main integrators in Romania of IT&C solutions and security for infrastructures and applications, confirms financial performance for all growth and profitability indicators, despite a difficult economic context. The company is very well positioned to support its development plans and set up an additional business line with a new IT&C area of expertise. With over EUR […]

Schneider Electric, the leader in the digital transformation of energy management and industrial automation, broke ground on its new smart factory in Dunavesce, Hungary. With a planned investment of €40 million, the new site will span 25,000 m2 and have a headcount of 500 employees. The 36th smart factory in Europe, this will be the 22nd engeneering-to-order factory in the […]

Connections Consult (CC), a group of digital transformation companies, listed on the AeRO Market of the Bucharest Stock Exchange, reported consolidated revenues of 58,46 million lei in 2022 and a gross profit of 5,11 million lei, with an increase of 48% compared to 2021. In the reporting period, Connections recorded a 29% increase in revenues compared to last year on […]

Hyperhuman, the AI-powered video platform made for the health & fitness industry, is proud to announce the start of a research and development project funded by a technology grant from the EEA  and the Norway Grants. With this important support, Hyperhuman aims to leverage the latest in AI technology to automate the video production and delivery process. Hyperhuman’s mission is […]

TotalSoft, one of the leading providers of business information systems in Central and Eastern Europe, recorded a turnover of over 31 million Eur in 2022, 26% higher than the previous year. The growth is due to investments in new and existing products, as well as the development of the partnership program, through which the company aims to create a business […]

BASF Group has shown resilience in the 2022 business year in a challenging market environment that was dominated by the consequences of the war in Ukraine and in particular by increased raw material and energy prices. As Dr. Martin Brudermüller, Chairman of the Board of Executive Directors, and Dr. Hans-Ulrich Engel, Chief Financial Officer, explained during the presentation of the […]