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29 june 2022
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Identity technology development company Incode Technologies has announced the expansion of its development center in Serbia, which aims to facilitate access to its technology by protecting the security of identity data of people around the world, learned Balkanengineer.com from Ekapija.com.
The company's expansion was prompted by the latest investment cycle, during which the company raised $ 220 million. This confirms the successful work of Incode in the development of state-of-the-art technology. The company's efforts inspire the continuous development of revolutionary, fully automated solutions based on artificial intelligence, which put user privacy first in the identification process.
Jovan Jovanovic, co-founder of Incode Technologies, said the technology developed in Serbia is at the heart of the company's vision, namely "One Identity Everywhere". It transforms the way people experience their identity, while preserving the basic right of every user to control the data about themselves. He added that the strategy of investing in the right people and the best talent is what moves the company's development forward, and Incode programmers have the ability to create solutions that make life easier and better for millions of people around the world.
Incode Technologies plans to hire more professionals to create an experienced team that brings to life a technology that builds trust between companies and their customers worldwide.
Photo source: unsplash.com
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Serbia presented its preliminary targets for the Integrated National Energy and Climate Plan. The government aims to achieve 100 times more solar power and 10 times more wind farm capacity by 2030 with the aim of reducing greenhouse gas emissions by 40.3%.
Technology company AROBS Transilvania Software, announced the full acquisition of Nordlogic, a local group of companies specialized in the development of customized software products and platforms, with offices in Cluj-Napoca, Oradea (Romania) and Seattle (USA).
The Chinese company Hisense will invest more than 40 million euros in a new factory for the production of cooling devices in the city of Valevo (Central Serbia), Balkanengineer.com learned from Serbianmonitor.com.
DataArt – a company that creates, maintains and supports software solutions, is opening a new office in Varna, Bulgaria, Balkanengineer.com learned from Money.bg. In this way, the company expands its operations in the Balkan region.
The North Macedonian company KaSis AD Skopje has concluded an agreement with fintech company Rubicon from Albania for cooperation in the field of personalization of chip cards, virtual cards, e-commerce.
Romanian company Meta Estate Trust, operating in the real estate sector with an innovative investment model, has announced that the Financial Supervisory Authority (ASF) has approved the company's initial public offering (IPO) prospectus.
One of the largest companies in the automotive sector in Japan, the manufacturer of electric motors and components Nidec, will open a development center in Sofia, where 100 engineers will be employed by the end of 2022.
For the period January-June 2022, Makpetrol AD (Skopje, North Macedonia) achieved a total revenue of 16.33 billion denars, which is 7.43 billion denars more than last year's value, Balkanengineer.com learned from Denar.mk.
In the first six months of this year, the North Macedonian manufacturer of steel structures Facom sold goods for 10.4 million euros, which is 43% more compared to the same period last year, Balkanengineer.com learned from Izvoz.mk.
Dona Group, one of the largest vertically integrated pharmaceutical companies in Romania, will receive €12.5 million granted by the European Bank for Reconstruction and Development (EBRD) to support its plans to expand.
The Australian company Quickstep Holdings Limited, a manufacturer of composite solutions for the aviation industry, and the Bulgarian startup for unmanned cargo transportation with transport drones Dronamics have announced a partnership relationship.
Vinci, the company that operates the Nikola Tesla Airport in Belgrade, Serbia, has confirmed that a solar power plant has been commissioned that will generate electricity for the airport, Balkanengineer.com has learned from Serbianmonitor.com.