Other News

HTC VIVE launches two VR headsets and a dedicated suite of professional VR tools

HTC VIVE launches two VR headsets and a dedicated suite of professional VR tools

HTC VIVE, the global leader in premium virtual reality (VR), set a new benchmark for business and consumer VR, bringing 5K resolution and a 120-degree field of view as standard to the two new VR headsets announced on the 11th May 2021 at VIVECON 2021, HTC’s global VR conference. VIVE Pro 2 – Sharp, Precise, Immersive VIVE Pro 2 takes […]

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Börsig is the official distributor of C&K Switches

Börsig is the official distributor of C&K Switches

C&K offers a wide range of pushbuttons, rocker, toggle and rotary switches for a variety of applications. The high quality switches are recognized by electronic design engineers around the world, and almost a century after its foundation in 1928, C&K is still one of the best known and most trusted names in the E-Mech switch industry. The electronic distributor Börsig […]

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Continued EBITDA Growth for Telekom Romania in Q1 2021

Continued EBITDA Growth for Telekom Romania in Q1 2021

Consistent with its aim to keep Romania connected while improving its performance across all areas, the company grew its EBITDA After Lease by year-over-year by 2%, reaching €34.5 mln. in Q1 2021. The result shows a continuous bottom line growth, despite lasting effects of the COVID-19 pandemic on the Romanian economy. Adjusted Free Cash Flow remained positive in Q1 2021, […]

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Europe’s technology industry saw a rise of 17.30% in cloud deal activity in Q1 2021

Europe’s technology industry saw a rise of 17.30% in cloud deal activity in Q1 2021

Led by $2.5bn acquisition of Itiviti Group, Europe’s technology industry saw a rise of 17.30% in cloud deal activity during Q1 2021, when compared to the last four-quarter average, according to GlobalData’s deals database. A total of 295 cloud deals worth $12.3bn were announced for the region during Q1 2021, against the last four-quarter average of 251.50 deals. Of all […]

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Veeam Reports 25% Growth in Q1’ 2021 with Unmatched Scale and Market Expansion

Veeam Reports 25% Growth in Q1’ 2021 with Unmatched Scale and Market Expansion

Veeam® Software, the leader in Backup solutions that deliver Modern Data Protection, today announced another quarter of double-digit growth with an annual recurring revenue (ARR) increase of 25% year-over-year (YoY) for Q1’21. Veeam kicked off 2021 with its expansion of public cloud support with the general availability of NEW Veeam Backup for Google Cloud Platform — complementing Veeam Backup solutions […]

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Sustainability under the spotlight for businesses today and in the future

Sustainability under the spotlight for businesses today and in the future

On 21 April 2021, the European Commission announced an ambitious and comprehensive package of measures intended to further promote sustainability, as part of the goal of making Europe climate neutral by 2050. One of the many steps outlined is a proposal for a Corporate Sustainability Reporting Directive (CSRD), the aim of which would be to improve the flow of sustainability […]

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Premier League Selects Oracle Cloud Infrastructure to Power New Advanced Football Analytics

Premier League Selects Oracle Cloud Infrastructure to Power New Advanced Football Analytics

The Premier League, the world’s most watched football league, has chosen Oracle as its official cloud provider. In teaming with Oracle, the Premier League will increase the excitement surrounding every game through new in-match statistics that provide a deeper understanding of the live action on the pitch. Oracle’s data and analytics and machine learning technologies will deliver these groundbreaking statistics […]

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Achilleas Kanaris has been appointed Vodafone Romania’s CEO

Achilleas Kanaris has been appointed Vodafone Romania’s CEO

Achilleas Kanaris, CEO Vodafone Albania, has been appointed Vodafone Romania’s CEO, effective July 1st, 2021, and will report to Serpil Timuray, CEO Europe Cluster. He will replace Murielle Lorilloux, who ends her four-year mandate in Romania and will take on the position of Vodafone Business Unit Director for the Europe Cluster, Turkey and Egypt. Achilleas Kanaris joined Vodafone in 2009, […]

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Europe’s technology industry saw a rise of 26.76% in artificial intelligence deal activity in Q1 2021

Europe’s technology industry saw a rise of 26.76% in artificial intelligence deal activity in Q1 2021

Led by $1.6bn acquisition of Yandex, Europe’s technology industry saw a rise of 26.76% in artificial intelligence deal activity during Q1 2021, when compared to the last four-quarter average, according to GlobalData’s deals database. A total of 212 artificial intelligence deals worth $5.05bn were announced for the region during Q1 2021, against the last four-quarter average of 167.25 deals. Of […]

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GEFCO Full-Year 2020 Results: Solid Operating Performance and Robust Financial Management in a severely affected economy

GEFCO Full-Year 2020 Results: Solid Operating Performance and Robust Financial Management in a severely affected economy

GEFCO, the European leader in integrated automotive logistics, including Finished Vehicle Logistics (FVL), and a top 10 global provider of multimodal supply-chain solutions, today released its financial results for the twelve months of 2020 ending 31 December 2020. Luc Nadal, Chairman of the Management Board of GEFCO, commented: “I am proud of GEFCO’s 2020 results which demonstrate resilience despite the […]

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Fintech app usage up 61% year-on-year

Fintech app usage up 61% year-on-year

The use of fintech apps has increased more than 61% since the pandemic started last year, reveals deVere Group, one of the world’s largest independent financial advisory and fintech organisations. The jump comes as financial technology apps show further evidence that the way we manage our finances further shifted in light of the coronavirus pandemic. James Green, deVere Group’s Divisional […]

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The future of audit

The future of audit

Recently, Mazars, the international audit, tax and advisory firm, released the results of a double-blind survey which was conducted by Edelman Intelligence. The purpose of the survey was to identify the perceptions and needs of various companies within the industry when it comes to audit and their current statutory auditors. In a recent material, we discussed about Romania’s audit market […]

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