Industry | 30 May, 2025 at 4:21 PM
Teknia to use EIB loan for R&D investments in Europe
Teknia, a Spanish multinational specializing in automotive components, has received a €30 million loan from the European Investment Bank (EIB).
Teknia, a Spanish multinational specializing in automotive components, has received a €30 million loan from the European Investment Bank (EIB).
Showpad, a global leader in AI-driven revenue enablement technology, has announced the launch of its new R&D centre in Bucharest.
The company is preparing AI-driven commercial solutions for flight safety and wildfire prevention.
The Group continued its commitment to innovation, with R&D spending up 6% year-to-year to $476 million.
Romania's annual inflation rate climbed unexpectedly to 5.5% in May, up from 4.9% in April, driven primarily by increases in food and services prices.
Travel tech company FlixBus is adding new international coach connections from Romania to Greece and bolstering existing routes to Bulgaria.
EDP, through its subsidiary EDP Renewables, has opened its largest solar park in Romania, located in Albina, taking its total solar and wind capacities in the country to 570 MW.
The German tech company cbs purchased the SAP division of Romanian company SkyConsult, marking its entry into the local market.
Romanian tech company Metaminds, which supplies digitalization services for both the private sectors, named Ovidiu Ghiman as its new CEO, replacing Andrei Cruceru.