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.
Romania posted in November in the highest inflation rate in the European Union, according to statistical office Eurostat.
Romanian construction company Bog'Art has published its 2024 Sustainability Report, marking the second year the company voluntarily reports on its environmental, social and governance performance. The report demonstrates the company's commitment to transparency and sustainable development in Romania's construction industry.
Fitch Ratings has affirmed its Long-Term Issuer Default Rating of BBB- with a negative outlook for Romanian state-owned nuclear power company Nuclearelectrica.
Romania's Ministry of Finance attracted almost RON 1.5 billion (€293 million) through its 11th Fidelis government bond offering of 2025, which began trading on the Bucharest Stock Exchange.
Ebury, the global fintech specialising in international payments and FX risk management, has appointed Cosmin Bucur as its new Country Manager for Romania.