ROCA Investments, a Romanian PE firm that focuses on local entrepreneurial companies, has acquired a 20% stake in Adrem Group, an energy services provider, for an undisclosed sum.
At the level of the entire holding, an EBITDA level of RON 36.3 million is reported in S1 2024, representing an increase of 75.2% compared to the same period of the previous year.
Hidroelectrica has completed the procurement procedure for seven 216 MVA, 15.75/242 kV transformers, equipment necessary for safe operation and continued modernisation of the Porțile de Fier I Hydroelectric Power Plant.
The Romanian Government has officially declared a crisis state on the crude oil and petroleum products market, effective from 1 April 2026 until 30 June 2026.
Eight months after Romania liberalised intercounty transport, FlixBus reports over 600,000 passengers have used its national and international routes, with more than 300,000 travelling domestically between July 2025 and February 2026.
Verne, Pony.ai and Uber Technologies have announced a partnership to launch Europe's first commercial robotaxi service, beginning in Zagreb with initial deployment work already underway, including public-road validation.
Romanian national carrier Tarom and Condor Airlines have launched a commercial codeshare partnership, expanding Bucharest's transatlantic connectivity through Frankfurt hub.