Vodafone Romania opens new opportunities for upgrading its current infrastructure and for 5G deployments by awarding Ericsson (NASDAQ: ERIC) as a key 5G radio access network (RAN) partner with the mission of bringing 5G benefits to consumers and enterprises. As part of the six-year agreement, Vodafone Romania will also use Ericsson’s RAN technology to enhance  its existing mobile network which […]

Expectations for Generative artificial intelligence (Gen AI) remain high among global leaders, as eight out of ten (79%) respondents that participated to Deloitte’s study “The State of Generative AI in the Enterprise: Now decides next” expect the technology to transform their organization within three years. More than half of respondents report a strong focus on tactical benefits, such as improving […]

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 […]

2023 saw many companies across the globe announcing layoffs amidst a continuous decline in job postings. Major players like JPMorgan Chase & Co, Ford Motor Co, SAP SE, Tesco Plc, Salesforce Inc, Cisco Systems Inc, and The Goldman Sachs Group Inc were among the companies that announced job cuts. Despite this, healthcare, foodservice, and construction witnessed an increased year-on-year (YoY) […]

Allevo successfully completes a complex project, supporting 17 banks successfully connect to the new ReGIS system, operated by the National Bank of Romania. These account for half of the system’s participant banks and sum a market share of about 50%. „ReGIS is the national funds transfer system with real-time gross settlement (RTGS) for payments in lei owned and operated by […]

Sardina Systems, a leading provider of cloud infrastructure solutions, unveils the successful testing and integration of its software with the groundbreaking Gaudi2 processors. The compatibility of FishOS with Gaudi2 processors offers a significant leap in performance and efficiency for AI and machine learning (ML) applications. The successful compatibility testing of FishOS with Gaudi2 processors opens up new possibilities for organizations […]

Hey there, tech enthusiasts and business owners! We’re thrilled to announce the launch of a new player in the IT arena: LifeInCloud. Born from a passion for innovation and a commitment to revolutionize the IT landscape, LifeinCloud is your go-to destination for cutting-edge data center solutions and managed services. Whether you’re diving into Cloud VPS, Cloud VDS, Dedicated Servers or […]

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 […]

The company “HVAC Ventilation Systems” Constanta, a major player in the design, execution and maintenance of HVAC installations and power infrastructure, adopts state-of-the-art software solutions to optimize processes and strengthen project control, in partnership with TotalSoft, one of the leading providers of business information systems in Central and Eastern Europe, and Infinity Business Center, a provider of integrated project management […]

Early Game Ventures (EGV) investment fund welcomes Florin Vișa as a partner, bringing onboard an expert with 24 years of experience in private equity, venture capital, M&A, and corporate finance in Central and Eastern Europe. Alongside Cristian Munteanu (managing partner) and Dan Călugăreanu (partner), Florin Vișa is already preparing for upcoming launch of the second EGV fund. “Early Game Ventures […]

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 […]

In trend research released last fall, BASF stated that the traditional automotive color wheel was going through a transformation. The recently released 2023 BASF Color Report for Automotive OEM Coatings provides hard data to back up that trend. Achromatic colors, which have always formed the foundation of automotive color, are experiencing a significant shift. While white continues to hold its […]