Favorite areas for Spanish investors in Romania are real estate market, the construction field, but also the IT&C sector. Also, green energy and retail are among the top sectors in our country that attract investments from Spain, according to the information from the ASEMER Association – an association of Spanish investors in Romania. Spanish companies have identified a very high […]

International retailers are interested in entering the Romanian market and demand for large areas has been increasing. 140,000 sq m modern retail spaces to be delivered by the end of 2022 The stock of modern retail spaces will reach approximately 4.2 mln. sq m in 2022, including 140,000 sq m that will be delivered by the end of the year, […]

InstantSpace announces the launch of its automated booking platform that makes booking of venues and services easy and instant. The company raised an additional new investment, valuating the company at 4 mil euro, to support the commercial launch and expand to Israel. EGV led the round with the participation of Sparking Capital and foreign business angels, while DLA Piper provided […]

Broadcom announced last week that it was seeking to drop $61 billion in cash and stock to acquire VMware. We still don’t know exactly what changes Broadcom plans to make to VMware’s products or business model once the acquisition completes. Still, Broadcom Software Group President Tom Krause made it clear in Broadcom’s earnings call last week: an emphasis on software […]

Vodafone Romania announces the key performance indicators for the financial year ended March 31st, 2022, as reported today by Vodafone Group Plc. The service revenue is at EUR 764 million. Compared with last financial year, the organic service revenue registered a decrease of 0.1%. Vodafone Romania customer base reached 11.1 million at March 31st, 2022, and it includes clients of […]

Softbinator Technologies (stock symbol CODE), a Romanian software development company specializing in the design, development and market launch of innovative products, has chosen the Opera Center One building, part of the CA Immo portfolio, to be its new employee-friendly workspace as part of its strategy to strengthen its position as a leading employer. Softbinator Technologies, a company founded by Daniel […]

The first quarter of 2022 was characterized by significantly higher energy and raw materials prices as well as supply chain disruptions. “Nevertheless, we had a very good start to the year 2022,” said Dr. Martin Brudermüller, Chairman of the Board of Executive Directors of BASF SE, at the company’s virtual Annual Shareholders’ Meeting this year. BASF had already released preliminary […]

River Development announces that International Institution SEK Bucharest International School is opening its first school in Romania in a building in Sema Parc, for current educational activities and future expansion. The transaction was brokered by ESOP Consulting, a local real estate consulting firm. Founded in 1892, the International Institution SEK Bucharest International School offers its students a program of trilingual […]

Telekom Romania Mobile is implementing an ambitious plan of connecting its base stations to solar panels, in order to replace the current power sources with renewable energy sources. This is an investment contributing to ensuring a greener future for Romania, which will considerably reduce the carbon imprint of the company for the following years. “The effects of climate change are […]

Connections Consult (CC) announces the establishment of its wholly-owned US subsidiary, Connections Consult USA LLC (CC USA), in Fairfax, Virginia.  CC USA will focus on digital transformation and the delivery of software solutions to public and private sector customers in the United States of America.  The location of CC USA in Northern Virginia, part of the Washington DC Metropolitan area, […]

SolvIT Networks, a South-Eastern IT company, recently concluded a partnership with 4me for the whole Balkan area. The Romanian branch will cover a region made of Romania, Bulgaria and Moldova, and the Serbian branch the formal Yugoslavian territory. “We are thrilled by concluding this partnership with 4me, a company that built a reputation in providing Enterprise Service solutions at the […]

Maple Bear Global Schools, the largest global Canadian bilingual education franchise network, joined hands with Kinderpedia, the complete communication and school management software and app. The partnership will offer the Maple Bear kindergartens and schools worldwide one unique operating system to integrate all their operational, financial, and educational activities and needs. Kinderpedia integrates tailored functionalities for the planning and monitoring […]