Category: Uncategorized

Neurolabs, a startup founded by Romanians in the United Kingdom, has received USD 7.8 million in funding in a Series A round led by Nauta and joined by LAUNCHub, Lunar Ventures, and Techstart Ventures. Neurolabs has developed computer vision technology dedicated to the retail industry, which allows supermarket and hypermarket chains to more easily monitor…

ING Bank and Unicredit Bank announced a significant financing valued at EUR 200 million to support the development of Digi Group’s fiber optic networks in Europe.  The financing, granted for 5 years, will be used for the expansion and modernization of Digi’s network infrastructure in Spain, Portugal, and Belgium. The company aims to increase competitiveness…

Developed by ASSIST Software, this AI-based assistant helps companies locate and access their most valuable internal data securely, efficiently, and on their own terms. The Cost of Not Knowing in Companies Worldwide In organizations across sectors, from manufacturing to finance, healthcare to IT, one operational inefficiency remains largely unaddressed: the difficulty employees face in locating…

The Priboiu Industrial Park, located in the village of the same name in the Brănești commune, Dâmbovița county, is set to be fully leased for the future construction site of the 462 MW nuclear power plant with small modular reactors, or SMR, designed by US-based company NuScale, according to Profit.ro. Negotiations were completed in December…

Chamber music festival SoNoRo is celebrating its 20th anniversary with an international tour that sees the RARO – SoNoRo ensemble perform in Europe and the US. The tour, which started in Buenos Aires, will stop for three the concerts in Belgium beginning this week. Then, it will continue in Munich, Vienna, Berlin, Budapest, Madrid, and…

A number of 1,565 companies with foreign participation in the share capital were established in Romania in the first quarter of 2025, down 6.57% y/y, according to data centralized by the National Trade Register Office (ONRC) and quoted by Agerpres. The 1,565 new companies had a total subscribed share capital of USD 8.85 million (USD…

In 2024, more companies were deregistered, dissolved, or entered insolvency than newly established ones, said Dragoş Pufulete, Board member of the SME association CNIPMMR, speaking for Ziarul Financiar. “For the first time in recent years, the total number of commercial companies has decreased, meaning fewer commercial companies were established than disappeared – either through bankruptcy,…

Romanian rolling stock manufacturing company Softronic Craiova announced on April 25 the delivery of the fourth modernized locomotive under the Resilience Facility contract with CFR Călători. The locomotive carries a special meaning – the image of Constantin Brâncuși, according to Economica.net. The delivery of the third locomotive modernized under the Resilience Facility-funded contract took place…

The shareholders of Romania’s leading financial group, Banca Transilvania (BVB: TLV), approved on April 25 the distribution of dividends in the amount of RON 1.59 billion (EUR 320 million) out of the RON 3.53 billion net profit generated last year.  The bank’s shareholders also decided to distribute free shares to existing shareholders, in a proportion…

AIM-quoted mining company Vast Resources, with operations in Romania, Tajikistan, and Zimbabwe, announced the continuation of production activity at the Băița Plai polymetallic mine in Romania, but also the fact that it has initiated discussions regarding a partnership (joint venture) with other mining companies to attract foreign investment in the Romanian mine, according to Economica.net.…