Category: IT Management

Energy startup Ogre AI secures a EUR 3 million investment round led by VERBUND X Ventures

Energy startup Ogre AI secures a EUR 3 million investment round led by VERBUND X Ventures

Ogre AI, the Romanian-British energy tech startup focused on data science and specialized in providing AI-based forecasting solutions for the energy sector, recently closed a new investment round of EUR 3 million. VERBUND X Ventures, the corporate venture capital arm of the Austrian main electricity supplier VERBUND, lead the round and other investors including well-known partners such as Early Game […]

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ROENEF, together with ING Bank Romania and local authorities, launches a national project dedicated to promoting energy efficiency in buildings

ROENEF, together with ING Bank Romania and local authorities, launches a national project dedicated to promoting energy efficiency in buildings

The Association for the Promotion of Energy Efficiency in Buildings (ROENEF) announces the launch of the “ROENEF Caravan”, a project aimed at promoting energy efficiency in buildings and raising awareness among the population about the benefits of energy efficiency in housing, both economically, environmentally and health-wise. “Energy efficiency in buildings is no longer just an abstract phenomenon, but a viable […]

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AWS, Digital Realty, Google, Meta, Microsoft and Schneider Electric Call for Supplier Action to Help Decarbonize Digital Infrastructure

AWS, Digital Realty, Google, Meta, Microsoft and Schneider Electric Call for Supplier Action to Help Decarbonize Digital Infrastructure

The Governing Body of the iMasons Climate Accord, a program of Infrastructure Masons, is calling on all suppliers serving data centers to support greater transparency in Scope 3 emissions as part of broader efforts to reduce the industry’s carbon footprint. Consisting of AWS, Digital Realty, Google, Meta, Microsoft and Schneider Electric, the Governing Body released an open letter today that […]

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Commission approves €99.5 million Romanian State aid measure to support Nokian Tyres’ new zero CO2 emission tyre factory

Commission approves €99.5 million Romanian State aid measure to support Nokian Tyres’ new zero CO2 emission tyre factory

The European Commission has approved, under EU State aid rules, a €99.5 million (RON 495.2 million) Romanian measure in favour of Nokian Tyres. The aid will support the establishment of a new zero carbon dioxide emission factory for passenger car tyres in Oradea. The measure will contribute to the EU’s strategic objectives relating to job creation, regional development, and to […]

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DS Smith collaborates with Versuni on sustainable fibre-based packaging solution for Philips Baristina

DS Smith collaborates with Versuni on sustainable fibre-based packaging solution for Philips Baristina

DS Smith, leading fibre-based sustainable packaging company, has partnered with Versuni, a leading home appliance company, to create an innovative fibre-based packaging solution for the Philips Baristina coffee machine. The fibre-based packaging solution is made from materials that are recycled and recyclable. Additionally, there are no plastic bags within the box. The packaging also features corrugated buffers treated with an […]

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TotalSoft announces a 19% increase in turnover in Q1 2024

TotalSoft announces a 19% increase in turnover in Q1 2024

TotalSoft, one of the largest providers of digital business solutions in Central and Eastern Europe, announces a 19% increase in its turnover for Q1/2024 versus Q1/2023, to EUR 8.9 million. The company also set a conservative target of 11% increase in its turnover in 2024 compared to the previous year, in line with the average market growth estimated for this […]

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SeedBlink’s Equity arm empowers EGV and their portfolio startups with efficient equity management tools

SeedBlink’s Equity arm empowers EGV and their portfolio startups with efficient equity management tools

SeedBlink, the all-in-one equity management and investment company, announces a partnership with early-stage venture capital firm EGV – Early Game Ventures. As part of the collaboration, EGV will deploy the SeedBlink Equity product for its portfolio companies to streamline their equity management and elevate equity to a strategic asset. With the recent announcement of Early Game Ventures Fund II, a […]

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Early Game invests 1 million Euro as a pre-seed investment round in CogniSync, a pure-AI Romanian start-up

Early Game invests 1 million Euro as a pre-seed investment round in CogniSync, a pure-AI Romanian start-up

Early Game Ventures (EGV) invests 1 million Euro in CogniSync, a pure-AI startup created by a Romanian team of founders. CogniSync is developing a new tool for optimizing workflows as companies and teams scale by surfacing internal best practices and revealing any potential misalignment with compliance or legal standards while leveraging data owned exclusively and securely by the enterprises where […]

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Early Game announces the first investment of its newly launched EGV Fund II

Early Game announces the first investment of its newly launched EGV Fund II

Early Game has just invested 900,000 EURO in Relock, a Polish cybersecurity startup developing a new technology to protect APIs, as part of a pre-seed round, following its #leadearly credo once again. Relock provides real-time protection of access to company’s APIs and data they exchange, while ensuring immediate threat detection and fail-safe disconnect of any attack attempt. APIs are the […]

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Schneider Electric and AVEVA partner with IN-CORE Systèmes to improve Electric Vehicle battery production process

Schneider Electric and AVEVA partner with IN-CORE Systèmes to improve Electric Vehicle battery production process

Schneider Electric, the leader in the digital transformation of energy management and automation, and AVEVA, a global leader in industrial software, driving digital transformation and sustainability, today announced a partnership with IN-CORE Systèmes to drive efficiency in Electric Vehicle (EV) battery production. As the EV market continues to see exponential growth, battery production is under greater pressure to improve quality, […]

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DS Smith Replaces One Billion Pieces of Plastic Ahead of Schedule

DS Smith Replaces One Billion Pieces of Plastic Ahead of Schedule

Ahead of schedule and in partnership with some of the most iconic FMCG brands in the world, DS Smith has replaced more than one billion pieces of plastic, 16 months in advance of its 2025 target . This marks a key sustainability milestone for one of the leading international suppliers of more sustainable packaging solutions. As of May 2024, DS […]

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Romania Joins Genpact’s Global Network of AI Innovation Centers

Romania Joins Genpact’s Global Network of AI Innovation Centers

Genpact (NYSE: G), a global professional services and solutions firm delivering outcomes that shape the future, today unveiled its third Artificial Intelligence (AI) Innovation Center in Bucharest, Romania, a pivotal component of Genpact’s AI-first approach. The centers are a launchpad for innovation, facilitating learning, experimentation, and building AI-focused growth-oriented solutions for Genpact’s global clients. Genpact’s AI Innovation Center in Bucharest […]

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