RotaChrom Technologies, the developer of the world's first industrial-scale Centrifugal Partition Chromatography (CPC) technology platform, announced today the launch of a collaboration with Cyclolab Cyclodextrin Research and Development Laboratory Ltd. (“Cyclolab''), a cyclodextrin research, development and manufacturing company. This strategic partnership between Cyclolab and RotaChrom aims to develop a more efficient and cost-effective process to purify Remdesivir, which is a widely used treatment option for COVID-19.

GlobeNewswire

The Budapest-based fashion brand is committed to cirularity, community and earth. Nanushka has released its first sustainability report in an effort to assure its customers that the issue is still of upmost importance to the company despite a pandemic that has derailed much of the fashion community.

WWD

This season Sunnei designers Loris Messina and Simone Rizzo are expanding the efficiency of the progressive Canvas platform they launched a year ago, right at the beginning of the pandemic. It’s a platform intended to creatively engage the label’s retailers and buyers to create their own Sunnei collections digitally, assembling different outfits, choosing shapes, colors and fabrications as they see fit. After initial skepticism from some fashion industry pundits, the formula has proved extremely successful.

Vogue

Countless brands have emerged from fashion capitals like New York, London, Milan, and Paris. But lately, cool labels have unexpectedly popped up in another place: Budapest. Further putting the city on fashion’s radar with her brand, Aeron, is Hungarian designer Eszter Áron.

The Cut

GB & Partners Investment Management Ltd. marked September with a €6 million investment to further expand its fintech portfolio, advancing EXIM Cross-border Fund to take majority ownership of DiPocket Ltd. The financial service provider’s excellence pinpoints to its custom-made, quick and trustworthy technological operations that are backed by an internationally experienced management. DiPocket is looking forward to utilising the invested capital in developing additional innovative services, in expanding its Central-Eastern European clientele and region specific know-how.

UK Tech News

In a joint development project with the American PRRS, Asura Technologies is launching a parking enforcement automation system to help identify drivers with unpaid parking fees. Asura Technologies is a video analytics company established in 2017 in Budapest that develops AI-based vehicle recognition technology for parking, traffic, and security applications. Currently, the company is working on a joint project with the company PRRS (Parking Revenue Recovery Services) to introduce frictionless parking enforcement automation in the United States where there is a growing demand for such technologies.

Daily News Hungary

Nata come etichetta indipendente, Sunnei è pronta a fare un grande passo verso una struttura aziendale rafforzata attraverso un investimento con Vanguards. L'accordo mira a sostenere l'espansione globale di Sunnei, griffe fondata a Milano nel 2014 da Loris Messina e Simone Rizzo. Fin dalla sua nascita, il marchio ha lavorato con l'idea di un'autenticità senza tempo e di una qualità che va oltre le tendenze della moda, che sono diventate la firma della label. Vanguards è stata lanciata come piattaforma di investimento all'inizio del 2020, nata dall'esperienza del ceo Peter Baldaszti in partnership con Agoston Gubicza di GB & partners e l'Exim cross-border fund. Attraverso strategie di business innovative e ambiziose, Vanguards riconosce che la crescita del settore della moda e dello stile di vita dipende da un'attenta sinergia di pratiche commerciali responsabili e ambizioni commerciali.

mffashion.com

Nanushka has joined the list of brands offering their assistance to combat the ongoing coronavirus pandemic. The contemporary fashion house took to Instagram to announce that it will be retooling its atelier to manufacture and distribute reusable protective masks made from the brand’s unused fabric. Around 2,000 masks will be produced each week for the next four weeks, in which the label will be giving out to customers free of charge with online orders. Additionally, Nanushka will be donating the reusable masks to key organizations that help those most in need amid the crisis.

hypebae

v magazine

GB & Partners investimento da 15 mld per le PMI ungheresi. GB & Partners Investment Management, società privata di venture capital e private equity ha deciso di investire 15 miliardi di fiorini (oltre 41 mln €) in piccole e medie imprese ungheresi in modo da facilitare la ripresa economica a fronte dell’epidemia di Coronavirus.

economia

We are proud to announce that our portfolio company, Nanushka, has been included in the latest Financial Times list of the 1000 fastest-growing companies in Europe. This is a huge success not only for the Company and GB & Partners but also for the whole Hungarian fashion industry.

financial times

Motorists in Yangzhong city are the first in China to benefit from technology which guides drivers to available parking spaces, and lets them pay using a smartphone. Hungarian company EPS Global rolled out its smart parking system in January, but says progress has been halted by the outbreak of coronavirus.

CGTN

Mastercard has expanded its partnership with Rakuten Viber to bring peer-to-peer (P2P) payments to Romania via Moneytou, which makes transferring money easy, quick and secure, Mastercard announced on 25th of February. Moneytou harnesses the Mastercard Send platform to authorize real-time money transfers to any eligible card. Mastercard Send lets users send and receive money how, where and when it is convenient for them. The solution not only improves users’ payment situations, but is also pivotal in expanding Mastercard’s payment flows, the company said.

pymnts.com

Szandra Sándor, the founder of the world-famous Hungarian fashion brand Nanushka, had recently talked about her favorite places in Budapest during an interview with the Financial Times. The fashion designer said that the capital city of Hungary is giving her a lot of inspiration for her work.

financial times

Asura Technologies is a Hungarian startup specializing in video analytics, and has quickly been gaining a foothold on international markets. The Budapest Business Journal talks with CEO Máté Kiss-György about the project.

bbj

Rakuten Viber users will be able to easily send money to each other using a brand new feature available in the Viber mobile app. The new service, named “Moneytou”, has been developed in Hungary and will initially operate with cards issued in Hungary, but with plans for it to be rolled out in other markets as well as on a global scale. The Exim Crossborder Fund managed by GB & Partners invests in NeoPay thus providing the financial background for the launch of Moneytou first in Hungary and then potentially in neighboring countries.

mastercard

Hungarian designer fashion brand Nanushka is receiving a HUF 300 million injection in several stages from Exim Növekedési Magántőkealap, a private equity fund managed by Hungarian-owned GB & Partners Venture Capital Fund Management. The capital is planned to be used for raising the company’s online presence as well as boosting online sales.

bbj