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Deloitte study: The use of Gen AI will double global data centers’ electricity consumption by 2030

Petre Barac Posted On March 3, 2025

As power-intensive Generative AI (Gen AI) consumption grows faster than other uses and applications, electricity consumption by data centers is forecasted to double to 4 percent of global electricity consumption by 2030, according to the latest edition of the Deloitte […]

3.7K Views

Digitalization / Editor Choice / Energy / Latest News

Hidroelectrica launches new bill payment methods for customers

Petre Barac Posted On February 25, 2025

Hidroelectrica, the largest energy producer in Romania, announces the launch of two new bill payment methods: Google Pay and Apple Pay, implemented by PayU GPO, the leader in digital payments in Romania. Hidroelectrica customers now have multiple payment options: bank […]

3.6K Views

Editor Choice / IT / Latest News

evomag: Sales to companies rose to 7.5 million euros in 2024, with an average order value of 5,500 lei

Petre Barac Posted On February 24, 2025

evomag’s sales to companies rose to 7.5 million euros in 2024, equivalent to 15 percent of the company’s total sales. At the same time, the average value of an order in the corporate segment increased to 5,500 lei, reflecting an […]

3.6K Views

Editor Choice / IT / Latest News

OVES Enterprise says Romania must make AI a strategic priority for national security

Petre Barac Posted On February 21, 2025

While the United States allocates 500 billion USD to developing Artificial Intelligence as a strategic national security priority and the European Union mobilizes 200 billion Euro through the InvestAI initiative, Romania still lacks a concrete plan for integrating AI into […]

3.4K Views

Editor Choice / Investments / IT / Latest News

FintechOS invests 10 million Euro in Evolv, its new AI-driven platform

Petre Barac Posted On February 19, 2025

FintechOS has invested 10 million Euro and 13 months of development into Evolv, the latest version of its platform, which provides financial institutions with AI-powered capabilities. The solution integrates AI capabilities to help financial institutions quickly launch products, efficiently manage […]

3.8K Views

Business & Investments / Economics / Latest News / News / Retail / Technology / Topics

Woot.ro announces a turnover of 13 million lei and 30% EBITDA growth in 2024

Magda Purice Posted On February 11, 2025

• The individual customer segment recorded a 15% increase compared to 2023, while the business segment grew by 11%. Locker delivery was the top-performing option. • In 2024, the investment budget was directed towards launching new platforms and services such […]

3.5K Views

Editor Choice / IT / Top stories

AUSTRIACARD launches new Agentic AI platform

Petre Barac Posted On February 6, 2025

AUSTRIACARD is launching its new Agentic AI platform, delivering innovative AI solutions to its partners and clients. The GaiaB platform empowers the creation of Generative AI applications, enabling AUSTRIACARD to configure and deploy systems that not only execute tasks, set […]

3.4K Views

Editor Choice / Energy / Investments / Latest News / Telecom

Orange Romania and ENGIE Romania sign a new 10-year virtual Power Purchase Agreement

Petre Barac Posted On February 3, 2025

Orange Romania has signed a new vPPA (virtual Power Purchase Agreement) with ENGIE Romania, which consists of the purchase of renewable energy over the long term. The new agreement, concluded for a period of 10 years, will cover approximately 40 […]

3.1K Views

Digitalization / Editor Choice / Investments / Top stories

Romanian software company OVES Enterprise to invest 3 million Euro in R&D in 2025

Petre Barac Posted On January 28, 2025

OVES Enterprise, a Romanian software development company specializing in complex software solutions and AI innovations for the aerospace, defense, and cybersecurity industries, announces a 3 million Euro budget for investments in 2025, supporting the company’s accelerated growth with a focus […]

3.0K Views

Editor Choice / People / Telecom / Top stories

Nedim Baytorun is the new CEO of Vodafone Romania

Petre Barac Posted On January 27, 2025

Achilleas Kanaris, currently CEO of Vodafone Romania, will take over the leadership of Vodafone Greece starting April 1st. At the same time, Nedim Baytorun, currently Consumer Business Unit Director and board member, will become CEO of Vodafone Romania. “Today, Vodafone […]

3.2K Views

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