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Accenture Security Report identifies top cyber threats in 2017

Destructive ransomware, alternative crypto-currencies and increased use of deception tactics among threats driving even more lucrative criminal marketplace are among top cyber threats in 2017 identified by Accenture's latest report.

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Welcome onboard!

By 2020, some 200.000 people are expected to work in business shared services in Romania, doubling the current employment portfolio enrolled in more than 120 companies operating BPO, SSC or ITO services. However, the bet of major or smaller players in local outsourcing industry is not only to reach the added-value result of their employees' work but also to find, retain and grow the necessary talents.

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Technology, friend or foe

How well do we understand the multitude of tools that are one touch away from us and how do we make the best use of it in terms of work efficiency, effectiveness and safety? Another of the biggest questions in this contest is how automation will actually affect employment, at what level -if any -and when.

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Cybersecurity the sharp (s)word of today

Technology moves the outsourcing services industry - as it does all service industries - towards new horizons, not all of them known. Companies are willing to outsource more, as they are challenged by an increasing need for transparency and fast response to market needs, and the desire for more value at lower costs.

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Reshaping the industry mindset

The business shared services industry in Romania is living a fantastic youth, but may be heading towards a maturity that may come sooner than expected, thanks to disruptive emerging technologies and the urgent need to embrace them quickly and accurately. Outsourcing Today talked to top leaders in the industry in order to find out how the companies are coping locally with the most recent exigencies of the new digitalized world.

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A look ahead: How artificial intelligence (AI) will affect customer service

For most of its 60-year history, the capabilities of artificial intelligence (AI) has been limited to science fiction movies.

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The most critical Key Performance Indicator (KPI) in social media customer service

Measuring the impact that your social media interactions are having on your business — and your bottom line — can be a tricky endeavor. How can you really identify and quantify whether a particular social media encounter has been successful?

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The importance of balancing digital and traditional customer service

This article is from Issue 2 of Customers First magazine – sharing global insights on customer strategy and innovation

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The benefits of working

As of last year, the market signaled several reforms in terms of performance management processes, transforming the way companies are measuring the performance of their employees. Accenture took the start and soon, other companies followed and embraced different types of performance management, according to each company's culture, profile and needs.

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Millennials at work, redesigning our world

With the emerging of the youngest generations into the market place, the entire philosophy of the HR process should be reshaped and updated. Actually, once the grim clouds of recession faded away in the past years by a prudent growth, the effervescence in the recruitment market hit the wall of the unimagined: the rules of attracting new generations into the company have to change, because the people and the world are different.

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A people-centred business

The shared services business in Romania roared in the last couple of years, at all levels; new jobs, new entries, new locations, expanded projects, and not the least - the increasing absorption of young professionals in the cities offering a solid academic background, especially in IT. Nevertheless, the growth of the industry brings a certain erudition in terms of attracting and retaining highly skilled professionals.

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Oracle study: Less than half of employees say they have the right technology to do their jobs

The study launched in early October by global company Oracle, Global Engagement Study showed that digital technology, leadership and company values rank among top distinguishers for employee success.

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Three defining characteristics of contact centers in Bulgaria and Romania

While Asia and Latin America remain strong outsourcing options, Eastern Europe is on the rise as a luring outsourcing region with its attractive combination of infrastructure access, strong connectivity, an educated talent pool and tremendous multilingual capabilities. It's no wonder Bulgaria and Ro

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ASE: Getting ready for the new Outsourcing Masters programme - from OT print issue

A classroom of 80 seats fully refurbished by Genpact. Traditional partnerships with Microsoft, Oracle and SAP University Alliances Program as Full Membership. And a Business Services master evaluated and accredited by ARACIS in 2015 summer that will start this year

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Endava: proactively investing in education - from OT print issue

Continuous improvement is an important part of Endava's culture and, for over 15 years, the company has been focusing on helping people to be successful. About 700 graduates and undergraduates have been trained up to now and 70 per cent of them joined the Endava's staff, says Diana Bocaneala, CEE Head of People Development and Recruitment, Endava

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Iasi grows stronger day by day - from OT print issue

For more than 10 years, the Faculty of Computer Science (FCS) from the Alexandru Ioan Cuza University of Iasi (UAI) has had a good collaboration with many IT companies both in Iasi or other regions of Romania and even across the globe

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Stefanini: tens of students in internships, thousands of Euro invested -from OT print issue

Over the past three years, around 30 students were involved in our internship programs, with tens of thousands of Euro invested in such programs, if we consider the training costs and the salaries paid, says Andreea Stanescu, vice president Stefanini, EMEA Delivery

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Yonder: The first Dutch company in Cluj expanded to Iasi -from OT print issue

Yonder is the first Dutch company to start work in the Cluj market on an outsourcing model. That was back in 1993 with a small team of IT enthusiasts

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Education: one of the core directions for Orange - Exclusive OT print issue

For more than 13 years, Orange has been an active player in the community, continuously sustaining social, cultural-educational or environmental causes, through all the four CSR strategic directions: Involvement in the community, digital inclusion, child safety in the digital world and environmental protection. And education is one of the core directions for Orange`s social responsibility programs, Veronica Dogaru, Corporate Comm

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Optima sees major expansion in Iasi - Exclusive OT print issue

Optima Call's journey started in October 2010 with an enthusiastic and experienced team. Now the Bucharest-based company expanded to Iasi and plans to grow exponentially the personnel figure at their new office, tells Outsourcing Today the general manager of Optima.

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The digitalization of the customer relationship

The customer relationship has changed considerably over the years thanks to evolving economical, technological and societal influences.

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Bosch continues local service centres expansion – Exclusive OT print issue

While Bosch sells equipment and electronics, it also developed a BPO center in Timisoara, an R&D center in Cluj and production units in Cluj and Blaj.

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Adrian Curaj: Last interview as Minister of Education

One week after Adrian Curaj offered us this interview, he was changed by Mircea Dumitru, rector of the University of Bucharest. The prime-minister Dacian Ciolos says that the four newly changed ministers "worked well in many projects, however, some can be done quicker."

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Codespring: 95 per cent retention rate, as Cluj lures in by charm

"I have set up the first software development and outsourcing team in 1998. Since then, we went through many changes and the investment itself has spread across the years and projects," recalls Levente Szélyes – founder & CEO of Codespring tech brand, from Cluj-Napoca.

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Luxoft surged 40 per cent in 2015 – Exclusive OT print issue

If you're a Swiss private bank client, most likely your account is managed through Luxoft's Romanian team of experts' designed applications. UBS, Deutsche Bank and Credit Suisse are just a few of the plethora of clients Luxoft's Bucharest centre serves in Europe and US, tells Outsourcing Today the company's country manager, Bogdan Pelinescu.

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Romanian real estate investments up 80% in the first half

Bucharest leads the local market with 48% of investment transactions, followed by Sibiu with 29%, says a JLL report.

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A fierce competition with a boomerang effect - Exclusive OT

The IT professionals market is undergoing a fierce competition, which in most cases means a salary growth not always backed by performance and productivity increase, a move that can have a boomerang effect on a medium term and a decrease in the interest of doing business in Romania, says Monica Jiman, deputy CEO of Pentalog.

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Academic efforts to grow the employee pool

As the Business Services and Information Technology sectors are expanding very rapidly, companies already present in the market are extending their operations and new players are setting up business in Romania.

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Academic efforts to grow the employee pool

As the Business Services and Information Technology sectors are expanding very rapidly, companies already present in the market are extending their operations and new players are setting up business in Romania.

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Stefanini Romania goes to Targu Mures and Chisinau – OT print issue

When Marco Stefanini established his training company in 1987, he would have never imagined that about 20 years later his company will be present in Romania. Stefanini's Romanian operations grew about 25 per cent last year and another 20 per cent upswing is expected for this year, Andreea Stanescu, senior director of Service Delivery EMEA, Stefanini Romania, tells Outsourcing Today.

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Endava: keeping up the 30 per cent growth rhythm - OT print issue

Romania now holds the top position in Endava's personnel figure, with 56 per cent of the company's 2,500 employees located here, according to Valentin Metzger, CEE Delivery Director, Endava.

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India to change outsourcing business model due to automation - FT

Companies such as Tata Consultancy Services (TCS), Infosys and Wipro will move from a strategy-based on high headcount and low costs to one reliant on higher employee costs and flexible services due to automation, writes Financial Times.

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Atos: Most important is building trust - OT print issue

Atos will expand its Romanian operations and intends to reach about 2,000 employees nationwide by the end of 2016, tells Outsourcing Today the Atos country manager, Catalina Dodu.

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Timisoara: software and automotive industries have the highest shortage of employees

Timisoara is facing a huge shortage of manpower, especially in the areas of software and automotive related causes for the low number of graduates in the local market, potential employees' reluctance to relocate to other cities or even high levels of migration to neighboring countries, specifically cities in west, according to Smartree.

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Romanian hiring forecast for Q3 gets fifth worldwide position, after India, Japan and Taiwan

About three out of 10 Romanian employers forecast an increase in staffing levels in the July – September 2016 interval, with hiring intentions shifting up 8% over the previous year and enjoying a 3% quarterly rise, according to Manpower.

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GRS has one of the fastest growths and expands to Piatra Neamt - OT print issue

Global Remote Services (GRS) will invest into growing its personnel from 400 to 600 people in its business process outsourcing (BPO) and contact centres, says Cosmin Raducu-Efrim, general manager of the company.

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Bombardier: from Bucharest subway to the service centre in Cluj- OT print issue

Bombardier will grow 20-30 per cent by the end of this year. The 500-employee Cluj-based company centre serves mainly European clients, adding more segments to its business since it started local operations, in 2009, says Andreea Van den Bosch, the HR business partner of the Shared Services Organization for Romania of Bombardier Transportation.

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Digital Transformation is changing SAP's business, new investments to Romania

Romanian companies must understand that each euro invested into IT rolls into several euros of revenue, Rumyana Trencheva, managing director SAP for South Eastern Europe (including Bulgaria and Romania) tells Outsourcing Today.

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Deutsche Bank: millions into investment, market fears - From OT print issue

While Deutsche Bank's tech division came to town, local companies fear it for its ability to drag in new employment, sources say. And its exponential growth will continue, confirms Marian V. Popa, head of DB Global Technology, Bucharest.

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SCC to open a third service center, turnover up 40 % - Exclusive from OT print issue

SCC Services Romania started activity in 2006, with a team of just 24 people. Now it has about 1,000 and by 2018 about 30 per cent more will join its team. "By the end of 2015 we've reached close to 1,000 employees and we plan to increase our headcount to over 1,200 by the end of 2016," tells Outsourcing Today the company's general manager for Romania, Adina Tapalaga.

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Four disruptive trends that will reshape customer service

This article is from the premier issue of Customers First magazine – sharing global insights on customer strategy and innovation

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Iorgulescu, ABSL: Desperately needing education programs - OT print issue

Expansion and talent scarcity triggers the need for better education programs, says Catalin Iorgulescu, Vice President of the Romanian Associations of Business Services Leaders (ABSL) in charge of education.

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Deloitte: mobile users check their phones over 80 billion times a day

Intensity in usage and ownership rates of mobile phones are increasing, in some categories more than doubling, pointing to dramatically changing consumer behaviors, and a shift towards non-voice communications such as text and IM, according to Deloitte's Global first edition of the Global Mobile Consumer Trends report.

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Garcet, SG EBS: Romania should be better promoted abroad - From OT print issue

After spending 18 months in Romania, Philippe Garcet, CEO of local Société Générale European Business Services (SG EBS) visited "extraordinary landscapes and extremely friendly people," he tells OT.

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OT print issue-Outsourcing: Strongly outpacing the GDP growth

There are few worries for the Romanian economy if the global environment stays stable, despite the stock market glitch at the year's beginning.

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Winners in the digital economy may place people first - Accenture

Leading companies that develop a "people first" approach will win in today's digital economy, according to the latest global technology trends report from Accenture.

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Romanian Outsourcing Summit 2016: Walking the talk in public-private education

More than 150 industry leaders have witnessed an interesting and lively debate started by the Minister of Education, Adrian Curaj, about creating new privately-supported programs in the public schools for a more pragmatic approach to youth careers. "Let's walk the talk and have concrete examples in the public-private partnerships in this field," says Curaj.

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Exclusive OT: Vastint invests big into Bucharest's real estate

Inter Ikea's real estate asset division invested since 2008 in the development of almost 200,000 sqm of offices, retail and residential spaces in Bucharest, now in various development stages. And this year it bought another 48 hectares of land in Bucharest's north-eastern area to add to its projects, says Antoniu Panait, managing director, Vastint Romania.

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Exclusive OT: Iasi business services employ more than 8,000 people - ABSL

Romania's business services industry has more than 80,000 employees and contractors, while Iasi is estimated to employ more than 8,000 people, Florin Grama, the president of the Association of Business Service Leaders (ABSL) in Romania, stated during the first conference dedicated to the services branch in Iasi, "Iasi Business Mixer: The Northern Star of Business Services," quoted by the

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Poll reveals customer loyalty is still SF for more than half of companies

Less than half of the Romanian companies currently use a customer loyalty scheme, according to a poll amongst more than 100 local major companies.

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Exclusive OT: Even if local financing gets easier, market still lacks liquidity- Furdui, Portland

During the past years, local financing for real estate large projects became easier, but the market still lack a benchmark yield and is marked by lack of liquidity, Florin Furdui, country manager, Portland Trust tells Outsourcing Today.

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Romanian CFOs: GDP to grow 3.5% in 2016, new market expansions

After a year marked by healthy macroeconomic indicators, Romanian CFOs are optimistic regarding the country's growth in 2016 and are increasingly looking to either enter new markets or expand in size, according to the 7th edition of the Deloitte Central Europe CFO Survey which includes Romania.

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EY: Divestment appetite more than doubles in 2016

About 49% of companies plan to divest within the next two years, and 70% of corporates use divestments to fund growth. While access to data is the biggest portfolio review challenge, says an EY study.

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Romania, Europe's third and world's 13th best outsourcing destination- A.T. Kearney

Romania ranks as third most attractive country to outsource to, according to A.T. Kearney's Service Location Index quoted by Telus.

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Exclusive OT: Java and .net technicians most sought after - Brainspotting

If Java and .Net specialists are most sought after in the IT industry, iOS and Android coming strongly from behind, tells Outsourcing Today the managing partner of Brainspotting, Ana Giurca.

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Deloitte: Two-thirds of Millennials express a desire to leave their organizations by 2020

Millennials' loyalty to their organizations is connected to leadership development opportunities, workplace flexibility, and a sense of purpose beyond profit, according to a new Deloitte survey.

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Colliers: Romania saw 45% of 800 mln. euro RE investments going into offices

While 34% of the real estate investments in Romania were directed towards industrial spaces, and 21% towards retail, it was the office market that witnessed the largest investment flow during 2015, with 45% on the balance, according to a Colliers study.

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TMF: Biggest hurdle, legal instability, drives up tax & compliance outsourcing

While legal instability is a major burden, it drives up outsourcing for tax, legal and accounting services, a recent TMF survey reveals.

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Migration towards "third IT platform" and move into the cloud will dominate 2016

IDC, one of the biggest such research firms, was early in identifying the shift to what it calls the "third platform". The first platform for IT was the mainframe computer—a big, centralised processor with lots of dumb terminals connected to it.

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More than 41% of the Romanians on Facebook

While more than 41% of Romanians have a Facebook account, the number of overall accounts has reached 8.3 million, up by 1.22 percent from the last estimation conducted, according to Facebrands.ro.

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Konieczny, FP: IT to grow from 6 to 10% of a larger GDP

Romania has been one of the best performing economies in the European Union in 2015, and some domains such as IT and agriculture will be main drivers for further growth.

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Stefanini: Using Agile in Brazil, or how to complete a three-party project

Managing a nearshore development project for a US client creates its own challenges; doing it in a three-party ecosystem requires even greater management of potential issues and a creative approach to project development.

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Cloud and APIs change the outsourcing as we know it

As traditional software outsourcing evolves, cloud service management brings new challenges for organizations.

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Genpact, Luxoft and Oracle, top lessees for Bucharest offices; 2016 market, up 20%-Esop

The 2016 office rental market may grow by 20-25% compared to 2015, says Alexandru Petrescu, managing partner ESOP Consulting, CORFAC International.

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Robots will change the wealth management industry

Automated financial advisors, or robo-advisors, have enjoyed a brilliant start off the blocks in their race to disrupt the market for personal wealth management.

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IT outsourcing year 2015: major changes ahead

2015 was the year that IT outsourcing companies welcomed standardization, outcome-based contracts grew, while RFPs dimmed its pace.

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Cloud and application programming interfaces are transforming the outsourcing industry

As traditional software outsourcing evolves, cloud service management brings new challenges for organizations.

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63% of BPS managers believe robots will transform their business

About 22% of business process services (BPS) managers think that automation will completely transform their business, while 41% of them say it will "make a big difference," says a study.

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HfS survey: Most managers choose outsourcing for decreasing costs

About 52% of managers see the providers of business services as "a great vehicle to drive down costs and improve efficiencies," and only 28% see them as " a vital partner that plugs critical gaps in term of skills, global scale, domain knowledge and technology," according to a new HfS study.

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Manpower: Slightly positive sentiment among employers for Q1 perspective

Good news for job seekers from Manpower, as hiring will keep its pace in the first quarter (Q1) of next year, with the net number of employers bringing an extra 1% pace* to the hiring sentiment, and a seasonally adjusted 12%, according to managers' estimations.

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Over 60% of Romanian IT emigrants would come back and invest into a new venture

About 61% of the Romanian emigrants that left the country for a better life up west would come back and invest into a new business, according to a new survey.

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Hays: Timisoara outsourcing industry follows the Krakowian example

The amazing less than 1% real unemployment rate in Timisoara is owed to foreign direct but also local investments.

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CBRE: Outsourcing companies expand more and more into towns

Most outsourcing companies are present in Bucharest (47%) and in one of the major regional centers such as Cluj Napoca (12%), Timisoara (8%) and Brasov (7%). With intensifying competition to attract labor, companies tend to expand in towns, like Targu Mures (5%), Galati (3%) or smaller towns such as Suceava and Targu Jiu, reveals a CBRE study.

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Outsourcing becomes a critical part of a successful business strategy

In the 1990s, the industry used different buzzwords than it does today, and this language shift reflects the changing priorities for outsourcing pros. Today, enterprises are shifting away from thinking about outsourcing as a purely financial decision and increasingly considering it to be part of a business strategy critical to their success.

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Companies such as Endava and Fortech drive up Cluj employment

In Cluj, Tech and outsourcing companies doubled staff transforming the Transilvanian city into second-largest IT investment destination in Romania.

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IDC: More than 7% of Romanian companies already have IoT solutions

About 7% of the Romanian companies have implemented Internet of Things (IoT) solutions, with 21% of the respondents to an IDC survey planning to adopt similar technologies during the next period, said Milan Kalal, program manager IoT, IDC CEMA, during a conference.

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Colliers: Outsourcing businesses, prominent pillars of the office sector

Real estate market has gained momentum and transaction volumes will be close to Euro 800 million by the end of the year, encouraged by stable economic environment and growth potential.

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CBRE: Romanian outsourcing industry has 310 offices and 0.5 mln. sqm

Business Processes Outsourcing (BPO) and Information Techology Outsourcing (ITO) sectors are the most lucrative segments within the outsourcing business in Romania, each with around 22 – 23,000 employees, throughout the country, states a recent survey by CBRE.

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GfK: Romanians expect an income rise to boost domestic spending

Romanians spend only for everyday needs goods and the consumption trend is decreasing, as the propensity to spend is low, reveals a GfK study.

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New technologies will accelerate digital transformation - Microsoft Summit 2015 Bucharest

Innovative technologies will accelerate the digital transformation in the coming years, say industry leaders at Microsoft Summit 2015.

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Eastern Europe SSCs account for 2% of the global industry

While the majority of world's shared service centers (SSCs) are located in Western Europe (43%) and North America takes 30% of the market share, Eastern Europe account for just 2% of the global industry, reveals the Deloitte's 2015 Global Shared Services Survey consulted by Outsourcing Today

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Will robots overtake the BPS business?

Romanian and international business services leaders say automation is only here to help, to upscale the human work and to ensure progress. As most of the industry's repetitive processes will be replaced by top-shelf software programs, called either robots or 'cobots', the face of the industry as we know it will change, Bogdan Tudorache writes for Outsourcing Today

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ABSL leaders: Romania can attract major investors, should focus on talent development

As Jacek Levernes, president of the board of the Association of Business Services Leaders (ABSL) and leader of the organization in Poland and other business services industry leaders promoted Romania in their recent business tour to New York, major investors with assets worth billions of dollars talked about their Central and Eastern Europe positive experiences.

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Zeitlberger, Hackett: Fear not, HR and finance costs are going down!

General and Administrative expenses (G&A) of global organizations are dropping, says Werner Zeitlberger, senior manager, The Hackett Group.

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Gartner: Romania moved into the first tier of SSC countries in 2015

Romania is in Tier 1 of the emerging markets locations for service centers placement in 2015, says Oldrich Priklenk, CEO, KPC-Group, Gartner Representative for Czech Republic, Slovakia and Romania.

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Hunte, Everest: Romania takes a slice of 8% from the CEE services ratio

The share of services offered by CEE (dubbed by Everest “nearshore Europe”) in the outsourced services segment is “definitely increasing” says Rupert Hunte, client director, Everest Group.

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Hays: Romanian business services talent is mostly lured in by salary

Most important factors when deciding on a potential employer in Romanian business services industry is still the salary, according to a local survey done by Hays Talent Solution.

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Apostoleanu, Oracle: Human talent, most important element in the outsourcing industry

In the context of new trends and accelerated growth in outsourcing, the most important element in the outsourcing industry remains the human factor, for which there is a continuous battle in the market, says Mihaela Apostoleanu, director EMEA Premier Support Business Operations, Oracle.

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Ilie, Genpact: Romania, still immature for employability concept

Employability is a concept that provides benefits to all involved parties, says Crina Ilie, vice president, Human Resources, Genpact Europe.

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JLL: Office market in CEE continues to grow

Approximately 2 million sq m of office stock remain under construction across Central and Eastern Europe. The business services sector with its compound annual growth rate of 17% is one of the major factors generating the expansion of office markets throughout the region, reveals a JLL release.

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Healthcare BPO sector in India facing competition from U.S. and Philippines

Players engaged in business process outsourcing (BPO) in healthcare sector in India are facing stiff competition from their Filipino counterparts, according to a recent joint study.

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World-class HR organizations now spend 37 percent less

World-class HR organizations now spend 37 percent less than their peers and operate with 31 percent fewer staff, while delivering improved effectiveness and greater agility, according to new research from The Hackett Group, Inc.

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Six reasons why you need a single cloud services provider

A single cloud services provider can deliver a committed, transparent offering which is beneficial for your business.

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SSC in Romania. Who takes the lion's share?

As the need for Shared Services Centres (SSCs) increases year-on-year globally, Romania holds the door open for investors and confidently invites them in. Alexandra Lopotaru talked to important players in the industry to find out why, how and where they took a seat

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Business services: Romania's ace in the sleeve

As the economy is struggling to restart its engine, Romania seems to have finally found its good luck charm. The business services industry has grown from less than 200 employees in 2004 to more than 60,000 last year and in the next five years it is expected to triple. Alexandra Lopotaru talks to major players to analyze the heft of the industry

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BPO hits the ground running

As the business services industry seems to be racing with double-digit growth year on year, BPO players try not get left behind. New entries show up, young companies expand their business in second- and third-tier cities, planning to hire hundreds of people, while veterans shift the focus towards more complex services. Alexandra Lopotaru interviewed BPO leaders to see how far they want to go

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ITO goes with the flow. Where are the players sailing?

As innovation and technology develop at the speed of light, IT outsourcing grew by leaps and bounds, promising efficiency in terms of time, costs and productivity. Romania is well-known for its IT specialists, but, as the market becomes competitive, they become a needle in a haystack. Alexandra Lopotaru talked to major players to find out their projections in the coming years

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NEWS
EY announces new global talent programs to prepare its people and its business for the future of work

EY recently announces a series of new global talent programs designed to prepare its workforce and its business for the future of work, including LEAD, a new global model for career, development and performance

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Societe Generale European Business Services invests in innovative solutions made by Romanian start-ups

Societe Generale European Business Services, part of the international group Societe Generale, had ended its first corporate accelerator program dedicated to start-ups in Romania – Catalyst 2.0.

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SAP launches free online courses for teens passionate about technology

SAP announced it has prepared several free online technology courses to be launched this fall for young and teens passionate about technology such as: Teens Get Coding! And Teaching Programming to Young Learner

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Oracle gains cloud revenues up 51 per cent to 1.5 billion US dollars in new fiscal year's Q1

Oracle Corporation announced fiscal 2018 Q1 results, with total revenues up 7 per cent from the prior year to 9.2 billion US dollars. Cloud plus On-Premise Software Revenues were up 9 per cent to 7.4 billion US

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Stefanini names Farlei Kothe as vice-president for EMEA

IT solutions developer Stefanini announced the naming of Farlei Kothe as vice-president for EMEA region. The new manager will coordinate the company's software development division from Bucharest.

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Endava marks 10-year presence in Iasi and plans growth countrywide

British company Endava marks ten-year presence at Iasi, in North-Eastern Romania and also announces the opening of a new office in United Business Center of Palas Iasi compound.

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Portland Trust celebrates 20-year anniversary with start of last phase of Oregon Park, Bucharest

The central European property developer Portland Trust and US based Ares Management are embarking on the final phase of Oregon Park, their new office park in Bucharest. This event coincides with the company 20

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WBE: Which EU country is most at risk of cybercrime?

Computer users in South Eastern Europe may want to review their digital security after new research revealed they are the most vulnerable to cyber crime, a press release of Website Builder Expert (WBE) states.

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GE opens new software center in Bucharest, looks for highly skilled IT specialists

GE announced that it speeds up growth for its software and digital resources in Romania and kicks off the recruitment campaign for GE Power's Grid Software Solutions (SWS) center in Bucharest.

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DB Global Technology creates new technology hub, digital workplace floor and event venue

DB Global Technology S.R.L. (DBGT), Deutsche Bank's technology centre in Bucharest, has inau-gurated a new research and development hub, a digital workplace floor and a state-of-the-art event venue, according t

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EDITOR CHOICE
TELUS International Europe: How big banks and fintechs are working together to innovate the customer experience

Comparing financial technology (fintech) companies to legacy financial institutions can invoke an image of David and Goliath. Fintech firms may be small, particularly when compared to the established titans of

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Wipro launches automotive center of excellence in Romania

Wipro Limited, global information technology, consulting and business process services company, announced the launch of an Automotive Center of Excellence (CoE) in Timisoara, Romania. This CoE will help Wipro d

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TELUS International Europe: The convergence of customer service and digital marketing/NewGen technologies: What does it mean for businesses?

Technology shapes the way we educate, communicate, conduct business and advance science, all while maintaining significant influence on the global economy. But the way we engage with technology is changing

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