Investment led by the European Bank for Reconstruction and Development (EBRD), Sofina, Index Ventures, Quadrille, and TCF Capital, complemented by growth capital funding from the European Investment Bank (EIB) under its Scale-Up Initiative.
Chinese EV maker BYD has officially launched in Romania and is introducing a range of 100% electric and plug-in hybrid models to the country's automotive market.
Metigla, a producer of complete solutions for metal roofing and cladding, is preparing to invest €15 million in its local operations, adding to the €25 million invested over the past 25 years.
Hidroelectrica has announced the signing of a contract for the development of a photovoltaic project at its power plants on the middle and lower sections of the Olt River.
MOL Group has recorded a pre-tax profit of $546 million, marking a 23% increase compared to the same period last year.
Liviu Drăgan, the Founder and CEO of Druid AI, has died at age 70. He was an engineer, inventor, and business leader with over four decades of experience.