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.
Romania’s interim president Ilie Bolojan is set to appoint former prime minister Dacian Cioloș as honorary advisor starting March 20, according to an announcement from the Presidential Administration. He will be responsible for involvement in coordinating and monitoring the implementation of Romania’s strategic partnerships. Dacian Cioloș served as the prime minister of the technocratic government between […]
One of the most acclaimed and highly regarded pianists in the world, Martha Argerich, will return to the stage of Romania's George Enescu International Festival for two concerts in August and September. More specifically, on Sunday, August 31, Martha Argerich will perform at the Palace Hall, interpreting Piano Concerto No. 1 in C major, Op. […]
Romania still holds the highest road fatality rate in the European Union (EU), with 77 deaths per million inhabitants, despite declines of 4% in 2024 compared to the previous year and 21% compared to 2019, according to preliminary figures published by the European Commission (EC) on March 18. The EU average was 44 road deaths per […]
Salina Praid, one of Europe's largest salt mines, will host Romania’s first underground gastronomic festival, Taste of Transylvania Underground, from March 28 to 30. The event will showcase top chefs from Romania and Hungary, including Michelin-starred restaurants, in an extraordinary setting 100 meters below ground, local news agency
On March 18, InterCapital Asset Management (ICAM), the largest independent investment manager in Croatia, listed its second ETF (Exchange Traded Fund), tracking Slovenia’s main stock market index. The ETF’s full name is InterCapital SBITOP TR UCITS ETF and it trades on the Bucharest Stock Exchange (BVB) under the ticker symbol ICSLOETF, replicating the SBITOP TR […]
Bucharest Coffee Festival returns this weekend, from March 21 to 23, at Hala Laminor, bringing together coffee professionals and enthusiasts from Romania and abroad. The 2025 edition will host over 200 exhibitors, including producers, roasters, and distributors, across a 5,000-square-meter space. Attendees can explore a wide variety of specialty coffee, accessories, and brewing equipment, with […]
