Germany's T2Y Capital, a financial investor specializing in growth capital with a focus on the energy sector and adjacent industries, is joining the shareholding structure of Romanian battery producer Prime Batteries.
Germany's Bosch Group is expanding its activity on the Romanian market by establishing a new company in Timisoara, Bosch Global Business Services SRL, which previously operated as a division of Bosch Service Solutions, active since 2007.
Germany's Allianz Group is switching to an integrated approach of its corporate operations in Central and Eastern Europe (CEE), including Romania, under the ”Allianz Commercial” concept, in order to better cover the corporate insurance segment.
SAP Romania, the local subsidiary of Germany's business software solutions producer of the same name, announces the launch of SAP Labs Site in capital city Bucharest, a digital innovation hub aimed at contributing to the expansion of SAP’s product and services portfolio and at fostering local digital talent and boosting ecosystem and community engagement, company representatives said in a statement.
Germany's IT services provider adesso continues its expansion process in Europe by establishing a branch in Romania's capital city of Bucharest.