Bittnet, a group of IT companies listed on the Main Market of the Bucharest Stock Exchange, finalized the negotiations for the complete takeover of TopTech, a local company specialized in equipment and IT&C solutions. The transaction is subject to approval by the Competition Council. TopTech is a Romanian IT&C company founded in 1992 in Deva, […]
Mondly, one of the world’s leading language learning platforms, today announced that it is making its courses available for free to all Ukrainians being displaced in European countries. The initiative is aimed at helping refugees overcome the language barrier and feel more at ease while communicating in a foreign country. The app created in Brașov, […]
Maple Bear Global Schools, the largest global Canadian bilingual education franchise network, joined hands with Kinderpedia, the complete communication and school management software and app. The partnership will offer the Maple Bear kindergartens and schools worldwide one unique operating system to integrate all their operational, financial, and educational activities and needs. Kinderpedia integrates tailored functionalities […]
Zdenek Romanek has been authorized by the National Bank of Romania and officially takes over his mandate as President and CEO of Raiffeisen Bank. In November 2021, following an international selection process, the Austrian group Raiffeisen Bank International (RBI) appointed the Czech Zdenek Romanek as CEO of Raiffeisen Bank Romania. Romanek joined the Raiffeisen Bank […]
Techcelerator brings to Romania and Bulgaria the Venture Program, the pre-acceleration program launched by EIT Digital, developed to support early-stage entrepreneurial teams on their journey to market. The program is open to teams from the Baltics, Eastern Europe and Southern Europe (full list of 19 countries here). Entrepreneurial, non-incorporated teams with digital deep tech business […]
Ogre AI, the data science company specializing in machine learning and artificial intelligence solutions for the energy sector, has announced a €2 million seed round led by EGV, with the participation of the London-based VC fund MMC Ventures and international business angels. The energy industry is at the edge of a new dawn, with its […]
Andrei Găman, Commercial Vice President FintechOS, was the guest speaker of the Future Banking event Digital Banking Scorecard and commented about the launch of our report regarding the status of digitalization in the Romanian banking systems. (declarations start at min 4:24) Mr. Găman considers that banks are motivated by a report like Digital Banking Scorecard. “I think […]
OTP Bank Romania has registered an after-tax profit of RON 58 million during 2021, more than double the result of the previous year. OTP Group announces the financial results for 2021, which presents the consolidated results adjusted in accordance with the Group´s standards, Operating profit in 2021 reached RON 123 million, on a downward trend […]
Banca Transilvania ended 2021 with results above the market average in terms of lending and operational volumes. It also remained a major partner in all Government and European programs. BT has a robust capitalization, 72% of the capital is Romanian with about 39.000 Romanian individual shareholders. „During 2021, despite the unpredictable climate, we, at BT, […]
Holde Agri Invest, a Romanian company that operates agricultural land, posts consolidated revenues of 59 million lei in 2021, 46% higher than in 2020 and a net profit (according to IFRS), of 7.3 million lei, a 38% increase compared to 2020. Following the acquisitions made during the year, the company currently operates a total land […]
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