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 […]

White Image, the first and largest email marketing company in Romania, recorded a turnover of over 1 million euros in 2022, amid increased demand for database development, strategy, and creative services. For 2023, in the context in which brands obtain increasingly poor results from social media advertising, especially Facebook, the company’s founders estimate a massive move to email and SMS […]

NextUp Solutions, one of the largest business software solutions companies, recorded a 50% increase in turnover in 2022 compared to the previous year, above the company’s estimates, in the first year after a rebranding process. The increase in demand for ERP and payroll software solutions, the launch of new solutions including SAF-T, e-Invoice, RO e-Transport and automation of repetitive business […]

During the last 15 months, the company raised 850,000 euros in funding. Romanian company Vatis Tech (https://vatis.tech/) announces a new funding round worth 650.000 euros. Existing investors led the round – Early Game Venture and Sparking Capital funds and Mălin Ștefănescu as an angel investor. Other private investors have also joined the current round. Vatis Tech is widely known for […]

The entrepreneur Daniel Slăvenie (35 years old), co-founder of Limitless Agency, one of the largest digital marketing agencies in Romania, takes over 9% of the financial data company Termene.ro. Through this investment, he wants to develop a platform that will compete with LinkedIn Ads in the long term. Termene.ro is the only platform in Romania that presents the financial data […]