Latest News  

IFC and Black Sea Trade Bank inject more into Teamnet shares

Two of Teamnet shareholders, International Finance Corporation and the Black Sea Trade and Development Bank invested 1.5 million euro by purchasing additional 2,782 new shares of the Teamnet Group, according to a release.

2015-12-10 16:51:00 - by Bogdan Tudorache

The International Finance Corporation, a member of the World Bank Group, has extended its 8.33% stake obtained after an investments made in 2014 to 10.35%, while Black Sea Trade and Development Bank has kept its share of 8.33% in the Teamnet.

"In recent years, Teamnet made a number of strategic steps crucial to the group both locally and regionally. Investments from International Finance Corporation and the Black Sea Trade and Development Bank reconfirm the international alignment of the group's expansion strategy with the development plans of the two institutions.

We will continue to invest in research and development of competitive products in major markets, in Group's main business directions such as systems integration, engineering, cloud and robotics," said Bogdan Padiu, CEO, Teamnet Group.

Teamnet currently has operations in six countries - Romania, Belgium, Turkey, Croatia, Moldova and Serbia. For 2016, the group aims to accelerate international expansion in Slovakia and the United Arab Emirates. As part of this development strategy, Teamnet aims to open offices in other markets in the coming years and estimates that over 40% of revenues will be generated from international activities until 2018.


0 COMMENTS ^ Go back to Top
WRITE A COMMENT ^ Go back to Top
 
Your email address will not be published.
Nickname
Email
Comment
Validation Code
   
 
 
NEWS
The most appreciated companies from the outsourcing industry, awarded at ABSL Gala 2018 Romania

The most appreciated companies in the outsourcing industry were awarded last night, at the ABSL Romania Awards Gala, a recent announcement of the company stated.

 Read Full article »
Cybersecurity Tech Accord: 34 leading companies sign pledge to fight cyberattacks to promise equal protection for customers worldwide

Companies across every layer of internet communication vow to defend against misuse of their technology; promise to protect all customers regardless of nationality, geography or attack motivation.

 Read Full article »
Accenture study finds 87 percent of focused cyberattacks are prevented

With ransomware and distributed denial of service (DDoS) attacks on the rise, the average number of focused cyberattacks per organization has more than doubled this year compared to the previous 12 months (232

 Read Full article »
Romanian software group expands to Bulgaria

Romanian group Global Technical Systems, which specializes in software development and providing technological solutions for building efficiency and security infrastructures, aims to double its turnover this ye

 Read Full article »
Vodafone Survey: Romanian youngsters would rather work for themselves, than for a company

Romania ranks first in terms of percentage of youngsters who would rather work for themselves/be an entrepreneur than for a company, with 51 percent expressing this preference, according to Vodafone survey.

 Read Full article »
Bucharest office market: Over 30 per cent of the demand came from the companies that moved from old buildings in modern projects

Companies have rented in the first quarter almost 70,000 square meters of office space in Bucharest, one third of the demand came from companies that formerly had its headquarters in old, small buildings or in

 Read Full article »
ABSL Romania: The Business Services sector has thousands of jobs available for young professionals

The Association of Business Service Leaders in Romania (ABSL) announces thousands of positions available for young professionals with little to entry-level experience in the business services sector. Accounting

 Read Full article »
Zitec rents 1,700 sqm at Vastint's Timpuri Noi Square

Vastint Romania has leased 1,700 sqm of office space to Zitec, in the mixed-use development project at Timpuri Noi Square in Bucharest, the developer recently announced.

 Read Full article »
Ness Digital Engineering reached 100 employees in Timişoara and 2,800 sqm in the UBC 2 building in the Openville mixed-use project

In March, Ness Digital Engineering reached a 2,800 sqm area in the United Business Center 2 (UBC 2) building located in the Openville Timişoara development, after taking over a new floor of the office building

 Read Full article »
Timpuri Noi Square awarded the highest LEED certification

Vastint Romania was awarded LEED Platinum certification for the first two office buildings of Timpuri Noi Square.

 Read Full article »
 
 
MOST READ ARTICLES
» Romanian software group expands to Bul...
» BPO: the ideal breeding ground for BPI
» Deloitte opens European Regional Deliv...
» Romania, Europe's third and world's 13...
» CBRE: Bucharest will witness a fivefol...
» Large office space leases dominate the...
» CBRE: Bucharest and Budapest should be...
» Bitdefender: Half of Romanian fear tha...
» CBRE: Romanian outsourcing industry ha...
» What do digital, automation and outsou...
 
EDITOR CHOICE
The voting for The Brand of the Year 2018 in Outsourcing and Shared Services is now open!

Outsourcing Today presents the fourth edition of the annual Romanian Outsourcing & Shared Services Awards, the event that recognizes, rewards and celebrates the success of the most prominent companies acting in

 Read Full article »
Romanian Outsourcing & Shared Services Summit: The very definition of millennials is change

Adapting to future workforce trends whilst balancing intelligent automation, digitalization, and millennial teams was one of the most discussed topic of the second session of the Fourth Edition of Romanian Outs

 Read Full article »
Stefanini invests in AI and reinforces Sophie's capabilities

Recently, Stefanini announced it is reinforcing its investments in Sophie, an artificial intelligence platform with the ability to turn data into valuable solutions. Fully developed within Stefanini's research

 Read Full article »
Romanian Outsourcing & Shared Services Summit: Diversity is value

The second session of the recently ended Romanian Outsourcing & Shared Services Summit highlighted topics on the future workforce trends such as digital transformation, automation, the repositioning of the impo

 Read Full article »
ROMANIAN OUTSOURCING & SHARED SERVICES SUMMIT, with Irina Sersun-Gürtler, Noerr: Bringing the employees on board

This March, the professionals, leaders and key voices in the outsourcing and business shared services industries joined for three rounds of lively knowledge exchange within the Fourth Edition of Romanian Outsou

 Read Full article »
Latest News  
 
about us | newsletter | contact | members area
Copyright © 2015 by Diplomat Media Events Design by Diplomat Media Events