BraveX Aero, a Cluj-based startup specialising in industrial drones, has secured €315,000 in funding from investors in the Transylvania Angels Network.
Romaero and Marshall have announced a strategic partnership focusing on the maintenance and modernization of the Romanian Air Force's (RoAF) C-130 Hercules aircraft fleet.
Through top-tier projects, including contracts with NATO and other international organizations, the company ensures financial stability, creates jobs.
Systematic will provide the SitaWare Headquarters software suite that will be used by NATO Command Structure, reinforcing the Alliance's operational capabilities.
The Romanian state has signed a deal with Rheinmetall for a strategic investment in the national defence industry exceeding €500 million.
Bog'Art Steel, part of the Bog'Art Group, has announced the appointment of Alin Creangă as its new CEO.
BT and the Investment and Development Bank (BID) have concluded an agreement to support the development of investment projects intended for infrastructure and local communities.
Evrotrust, a leading European Qualified Trust Service Provider (QTSP), has secured €6.6 million in growth funding from 3TS Capital Partners to accelerate its expansion into Romania.
In October, there was a significant rise in insolvency filings, signalling mounting pressure on the business environment.