Saint-Gobain Romania and OMV Petrom sign an agreement for the purchase of electricity from renewable sources for all Saint-Gobain facilities at local level. Based on this agreement, OMV Petrom will supply approximately 800 GWh of green energy to 14 Saint-Gobain locations in Romania over the next five years, thus contributing to the Group’s sustainability objectives and Saint-Gobain’s decarbonisation efforts. Deliveries […]

First closing occured on April 25 and marks the official launch of the second Early Game Ventures investment fund, which has a total value of 60 million euros. The new fund will invest exclusively in early-stage technology startups, continuing the thesis of the first Early Game fund. It will focus on areas such as cyber security, enterprise software, and AI […]

Schneider Electric, the leader in digital transformation of energy management and automation, has partnered with Digital Realty (NYSE: DLR), the largest global provider of cloud and carrier-neutral data center, colocation and interconnection solutions, to deliver an innovative circular economy initiative at its PAR6 data center in Paris. The project aims to prolong and maintain the life of the mission-critical systems […]

Vertiv, (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, has been selected by the University of Pisa to extend its existing data centre infrastructure and provide the new power and liquid cooling equipment needed to meet the new demands of high-performance computing systems and maintain high operational flexibility. The University of Pisa, founded in 1343, is […]

SoftServe, one of the largest IT solutions providers in the region, launches the second edition of the EmpowerU program in Romania. Together with the Romanian National Council for Refugees (CNRR), SoftServe will offer Ukrainian refugees without IT skills free access to the Find Your Place in IT course, consisting of 6 introductory modules in programming languages. The course, created by […]

In a market environment shaped by economic uncertainty, BASF Group reported sales of €68.9 billion in the 2023 business year, compared with €87.3 billion in the previous year. This sales development was mainly driven by considerably lower prices and volumes. Lower raw materials prices in particular led to lower prices in almost all segments. Sales volumes fell in all segments […]

Schneider Electric, the leader in the digital transformation of energy management and automation, announced today its 2023 sustainability impact performance as part of its full-year financial results. The Schneider Sustainability Impact score for the year exceeded expectations, reaching 6.13 out of 10, and surpassing the year-end target of 6 out of 10. Schneider Electric was also recognized as a top […]

Vertiv, a global provider of critical digital infrastructure and continuity solutions, today announced it is extending its collaboration agreement with Telefónica, a leading telecommunications company, to improve energy efficiency. Under the agreement, Telefónica expects to save around 45 GWh per annum within three years, equivalent to the energy consumption of about 13,000 homes in Spain. Vertiv will provide a turnkey […]

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 […]

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 […]

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 […]

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. […]