Category: IT Management

Profluo reaches a total investment of 625,000 euros, less than a year after the first seed round

Profluo reaches a total investment of 625,000 euros, less than a year after the first seed round

Profluo, a startup that builds machine learning technology for the automatic processing of accounting documents, has reached a total investment of €625,000 less than a year after completing its first seed round. Along with Early Game Ventures, the main VC investor, a series of angel investors recently joined, including Bogdan Stanciu and Andreea Pipernea from the Bravva Angels community and […]

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Atos Romania receives Great Place to Work certification for the third consecutive year

Atos Romania receives Great Place to Work certification for the third consecutive year

Atos Romania, which is part of the global leader in digital transformation, has received the Great Place to Work (GPTW) certification for the third year in a row. This certification attests to the consistently high level of employee satisfaction in the workplace. The company is recognized as a top employer based on criteria such as credibility, respect, trust, pride in […]

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METAMINDS: Financial results exceed estimates for 2022 and expected to grow in 2023

METAMINDS: Financial results exceed estimates for 2022 and expected to grow in 2023

METAMINDS S.A., one of the main integrators in Romania of IT&C solutions and security for infrastructures and applications, confirms financial performance for all growth and profitability indicators, despite a difficult economic context. The company is very well positioned to support its development plans and set up an additional business line with a new IT&C area of expertise. With over EUR […]

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Schneider Electric investing €40 million in new smart factory in Hungary

Schneider Electric investing €40 million in new smart factory in Hungary

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 […]

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Connections Consult exceeded financial estimates for 2022

Connections Consult exceeded financial estimates for 2022

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 […]

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Hyperhuman secures a 200k Euro technology grant from EEA and Norway Grants by Innovation Norway to expand its AI capabilities

Hyperhuman secures a 200k Euro technology grant from EEA and Norway Grants by Innovation Norway to expand its AI capabilities

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 […]

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EXEC-EDU launches an elite program that prepares board members

EXEC-EDU launches an elite program that prepares board members

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 […]

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TotalSoft recorded a turnover of over EUR 31 million in 2022

TotalSoft recorded a turnover of over EUR 31 million in 2022

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 […]

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BASF and Tenova Advanced Technologies enter into a joint development agreement for efficient recycling of lithium-ion batteries

BASF and Tenova Advanced Technologies enter into a joint development agreement for efficient recycling of lithium-ion batteries

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 […]

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BASF Group: Reporting on the 2022 business year

BASF Group: Reporting on the 2022 business year

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 […]

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White Image, the largest email marketing company in Romania, ended 2022 with a turnover of over 1 million euros

White Image, the largest email marketing company in Romania, ended 2022 with a turnover of over 1 million euros

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 […]

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SAP solution for sustainability and carbon footprint measurement

SAP solution for sustainability and carbon footprint measurement

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 […]

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