Category: IT Management

BASF and Inditex make a breakthrough in textile-to-textile recycling with loopamid, the first circular nylon 6 entirely based on textile waste

BASF and Inditex make a breakthrough in textile-to-textile recycling with loopamid, the first circular nylon 6 entirely based on textile waste

BASF and Inditex jointly announce a breakthrough in their efforts for boosting recyclability in the textile industry. With the launch of loopamid®, a polyamide 6 (PA6, also known as nylon 6) made from 100 percent textile waste, BASF is providing the first circular solution for nylon apparel made entirely from textile waste. Zara has turned the material into a jacket […]

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Limitless Agency ended 2023 with a turnover of €4.25 million, up 31%

Limitless Agency ended 2023 with a turnover of €4.25 million, up 31%

Limitless Agency, one of Romania’s main digital marketing agencies, reports a turnover of 4.25 million euros in 2023, up 31% compared to the previous year, becoming one of the largest profile companies in a fragmented market. Limitless Agency’s growth is due to the development of the digital marketing market and new investments, the expansion of the client portfolio, and the […]

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World Economic Forum recognizes Schneider Electric as a Circularity Lighthouse

World Economic Forum recognizes Schneider Electric as a Circularity Lighthouse

Schneider Electric, the leader in the digital transformation of energy management and automation, today announced that it has been recognized by the World Economic Forum and McKinsey as one of three global Circularity Lighthouses in the built environment. This new designation recognizes pioneering circularity solutions that demonstrate innovation, substantial impact and value, and maturity of scale. The new lighthouses were […]

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The Romanian software company Softeh Plus, fully acquired by the Polish Group Symfonia

The Romanian software company Softeh Plus, fully acquired by the Polish Group Symfonia

Softeh Plus, a Romanian company with over 30 years of experience in the software ERP industry, announces the full acquisition by Symfonia. Symfonia is a market leader in ERP and HCM software solutions for small and medium-sized companies in Poland and is backed by the two leading technology investors: Accel-KKR from Sillicon Valley, as well as MidEuropa from Central Europe. […]

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BASF Research Press Conference 2023:  Chemistry and Sustainability: A Perfect Match

BASF Research Press Conference 2023: Chemistry and Sustainability: A Perfect Match

“Chemistry and sustainability are a perfect match – as BASF has recognized for a long time. As the world’s leading chemical company, we provide innovative solutions that make an important contribution to supporting the sustainable transformation of society and the optimal use of limited resources,” said Dr. Melanie Maas-Brunner, member of the Board of Executive Directors and Chief Technology Officer […]

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Up Romania, the first Romanian company in the field of employee benefits to introduce carbon footprint calculation for transactions with Up cards through Ethoca Consumer Clarity™

Up Romania, the first Romanian company in the field of employee benefits to introduce carbon footprint calculation for transactions with Up cards through Ethoca Consumer Clarity™

Up Romania announces the implementation of a new carbon footprint calculation service for Up Romania’s cards transactions, using the innovation of Ethoca Consumer Clarity™. This initiative marks a significant step forward in providing an enhanced digital experience and aligning with the preferences of Up Romania’s card users. The Ethoca Consumer Clarity Carbon Footprint Calculation has been developed for Mastercard using […]

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BASF provides update on implementation of corporate strategy and commits to targets for Scope 3.1 emissions

BASF provides update on implementation of corporate strategy and commits to targets for Scope 3.1 emissions

BASF is taking a further step on its path to net zero and has committed to targets for Scope 3.1 emissions. The announcement was made during an update for investors and analysts in Ludwigshafen at which Dr. Martin Brudermüller, Chairman of the Board of Executive Directors of BASF SE, and Dr. Dirk Elvermann, Chief Financial Officer, reported on progress in […]

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Vertiv Acquisition of CoolTera Ltd. Boosts Liquid Cooling Portfolio

Vertiv Acquisition of CoolTera Ltd. Boosts Liquid Cooling Portfolio

Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today announced that subsidiaries of the company have entered into a definitive agreement to acquire all of the shares of CoolTera Ltd. (CoolTera), a provider of coolant distribution infrastructure for data center liquid cooling technology and certain assets, including certain contracts, patents, trademarks, and intellectual property from […]

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Schneider Electric announces Google, ASM and HP have joined the Catalyze program for semiconductor supply chain decarbonization

Schneider Electric announces Google, ASM and HP have joined the Catalyze program for semiconductor supply chain decarbonization

Schneider Electric, the leader in the digital transformation of energy management and automation, today announced that Google, ASM and HP have joined the Catalyze program, which aims to accelerate access to renewable energy across the global semiconductor value chain and IT supply landscape, as new global sponsors. The first-of-its-kind program was first announced in July, with sponsors Intel and Applied […]

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CloudCart Opens New Investment Round to Raise 10 Million Euros by the Fourth Quarter of 2024

CloudCart Opens New Investment Round to Raise 10 Million Euros by the Fourth Quarter of 2024

CloudCart, a professional platform for creating online stores, is launching a campaign to raise 10 million euros in Series A funding by the fourth quarter of 2024. With stable financial forecasts, the company expects to exceed a turnover of 25 million euros over the next four years, utilizing its scalable business model and innovative AI solutions. Over the past three […]

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The top of opportunities for studying abroad

The top of opportunities for studying abroad

Participation is cost-free, and the event will take place at the Technical University of Construction in Bucharest. Youni, an educational technology (edtech) company that invests in establishing a regional ecosystem for personal development and mentorship for young individuals aspiring to pursue education overseas, has announced the organization of the Youni Fair. The event is scheduled to be hosted at the […]

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Xiaomi 2023 Q3 Adjusted Net Profit Surges 182.9% to RMB6 Billion

Xiaomi 2023 Q3 Adjusted Net Profit Surges 182.9% to RMB6 Billion

Xiaomi Corporation (“Xiaomi” or the “Group”; stock code:1810), a consumer electronics and smart manufacturing company with smartphones and smart hardware connected by an Internet of Things (“IoT”) platform at its core, announced its unaudited consolidated results for the three months ended September 30, 2023 (“2023 Q3” or “the Period”). Through the steadfast implementation of its core operating strategy focusing on […]

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