The Smart Home market of Romania is worth, at present, almost 20 million euro, under 1% of the whole European market, which is 23 billion euro, show the data of one of the leaders on the market for distribution of IT&C products and accessories in Romania, according to the estimates made by one of the leaders on the market for distribution of IT&C products and accessories on the local market.Sales of Smart Home products in the portfolio of the company have increased by 46% in the first quarter of 2021 against the same period of last year, and the best sold product is the Tellur thermostat for which ABN Systems appreciate an increase of 200% every year.The statistics of some global analyses, the dimension of the market for smart homes was evaluated at 79.13 billion dollars, in 2020, and the expectations are for 313.95 billion dollars until 2026, with an annual rate of growth of 25.3% during the period under study (2021 – 2026). Similarly, the European market of Smart Home is expected to grow from 23.3 billion dollars in 2020, up to 39.6 billion dollars until 2025, with a growth rate of 11.3%.At the same time, over the next four years, over 400 million houses in the whole world (19% of the households) will have at least one type of smart system installed, show the studies on the international market.Set up in 2002, ABN Systems International, the owner of the brand Tellur, and one of the leaders on the market for distribution of IT&C products and accessories in Romania, offers integrated solutions for mobility, IT infrastructure and storage, video surveillance systems, industrial equipment and automation. With a portfolio of over 30,000 IT&C products and accessories, ABN Systems is present on the market of 25 years, on three continents. ABN Systems International, the owner of the only 100% Romanian brand of telecom accessories and Smart Home products, Tellur and one of the leaders on the market for distribution of IT&C products and accessories will grow by 100% in 2022, as compared to 2021.
Wizz Air will add a route connecting Brașov, in central Romania, to Katowice, in Poland, beginning next year, the Brașov International Airport announced. The route will become operational on March 31, 2026, with flights operating every Tuesday, Thursday, and Saturday. In the upcoming winter season, the airline will operate seven routes to five countries from […]
IT Genetics, a company specializing in digitalizing services, aims to have its shares tradable at the Bucharest Stock Exchange by the end of this year, with the amount to be raised estimated at approximately EUR 2 million. The ITG group will be listed, not just IT Genetics, which is nevertheless the main pillar of the […]
Romania’s current transport minister, the Social Democrat Ciprian Șerban, offered bribes to representatives of a forest district in Iași County as a young businessman in 2012, according to recently surfaced documents and recordings. Șerban gave bribes at least six times before reporting the offense to the National Anticorruption Directorate. He did so only after being […]
David Popovici has won the gold medal in the 100-meter freestyle final at the World Championships in Singapore. It is his second win at the event, after the gold medal in the 200-meter freestyle race two days ago. The Romanian swimmer finished the race with a time of 46.51 seconds, ahead of Jack Alexy, who […]
PPF Real Estate, a global developer and investor with a real estate portfolio exceeding EUR 2 billion, announces the completion of infrastructure works for ARC, its new state-of-the-art office project in the Basarab area. The construction progresses on schedule. Reaching ground level marks, a key milestone in the development timeline. The project is moving forward […]
BRD Groupe Societe Generale, the fifth largest bank in Romania by assets, registered a net profit of RON 764 million (EUR 150 million), up 10% compared to the same period in 2024. The net loan portfolio, including leasing financing, increased by 17.4% during the mentioned period, marking a significant growth in corporate lending by 23.8% […]
