Industry | 28 May, 2025 at 6:50 AM
EnduroSat lands major funding for "Made in Europe" satellites
Bulgarian NanoSat provider EnduroSat has announced the closure of a €43 million investment round, spearheaded by Founders Fund.
Bulgarian NanoSat provider EnduroSat has announced the closure of a €43 million investment round, spearheaded by Founders Fund.
The European Bank for Reconstruction and Development (EBRD) has announced a €10 million equity investment in Romanian retail chain La Cocoș. Additional equity funding will be provided by CEECAT Capital and Morphosis Capital to support the retailer's development plans.
Founded in 2014, La Cocos is a Romanian discount retailer currently operating three locations in Ploiesti and Bucharest.
Energy group PPC achieved its 2025 targets with adjusted EBITDA reaching €2 billion and adjusted net profit of €450 million, up 25% year-on-year.
Following recent checks, Romania's Energy Ministry manages emergency oil stocks exceeding 2 million tonnes oil equivalent, according to an official statement.
Foundever, a customer experience service provider, has opened a new office in Bucharest, marking expansion in Romania and CEE.
Romania reported the highest forest growth surplus in the European Union for 2023, with a net annual increment of 39.9 million cubic metres.
The joint plenary session of Parliament officially adopted the 2026 state budget and social security budget projects on Friday.