Industry | 28 January, 2025 at 10:46 AM
OVES Enterprise accelerates investments, allocating €3 million for R&D in 2025
The company is preparing AI-driven commercial solutions for flight safety and wildfire prevention.
The company is preparing AI-driven commercial solutions for flight safety and wildfire prevention.
The company continues to heavily invest in research and development, focusing on the Nemesis AI platform.
OVES Enterprise and Kongsberg Defence & Aerospace discuss a possible collaboration to integrate Nemesis AI into defense solutions.
Romania is uniquely positioned to capitalize on the benefits of acquiring and operating the F-35 Lightning II for the upcoming decades.
Storm Shadow AI is an artificial intelligence solution, the result of over 8 months of intensive research and technological development.
BCR recorded a net profit of RON 1.47 billion (€294 million) in H1 2025, a 12% increase from the same period last year. This performance was driven by an improved operational performance and a higher volume of customer business.
BRD-Groupe Société Générale has announced the appointment of Jean Pierre Georges Vigroux, an independent Board Member, as the Interim Chairman of its Board of Directors.
OMV Petrom registered a net profit of RON 2.08 billion (€419.7 million) in H1 2025, a 21% decrease compared to RON 2.62 billion (€528.2 million) in the same period last year.
The Romanian Ministry of Finance is conducting a new IPO for Fidelis government bonds, specifically for retail investors.
Bucharest recorded 8,639 insolvency cases between August 2024 and July 2025, which is a 32% increase compared to the previous 12-month period.