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 […]

EXEC-EDU, the leader of the executive education market in Romania, launches a portfolio of courses addressed to organizations that want to increase their competitiveness by professionalizing their boards of directors. These courses will be attended by both entrepreneurs or founders of non-governmental organizations, as well as managers from corporations who are interested to apply for a board position. The program […]

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, a leading battery materials producer, has entered into a long-term collaboration agreement with Tenova Advanced Technologies (TAT) of Yokneam, Israel, for its battery recycling prototype plant in Schwarzheide, Germany. Both companies agreed to jointly optimize the hydrometallurgical recycling process, leveraging TAT’s novel process for the recovery and production of lithium, which includes lithium solvent extraction (LiSX™) and lithium electrolysis […]

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 […]

Sustainability is a topic that is predominantly debated among NGOs and corporations with high social responsibility. However, it should not be ignored by the rest of the economy, for at least two reasons. Climate change affects us all, and the European Union has ambitious plans to reduce carbon emissions and will impose increasingly stricter regulations in the future. On November […]

Schneider Electric, the leader in the digital transformation of energy management and automation, today issued an urgent call for governments and companies around the world to accelerate their sustainability action and step up investments into technologies that will help them reduce their carbon emissions and bolster their energy security. These challenges form the backdrop for the World Economic Forum’s annual […]

Schneider Electric has been named as a Global Parity Alliance Diversity, Equity and Inclusion (DEI) Lighthouse for its Global Pay Equity (GPE) initiative, by the World Economic Forum’s (WEF) Centre for the New Economy and Society. This award recognizes Schneider Electric’s efforts to promote inclusion and care by advancing pay equity across all its offices. Schneider Electric’s Global Pay Equity […]

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 […]