Finance | 11 June, 2026 at 3:05 PM
TechAngels names new President
The TechAngels Board has appointed Ana Maria Andronic as President for a mandate lasting until next year's internal elections.
The TechAngels Board has appointed Ana Maria Andronic as President for a mandate lasting until next year's internal elections.
Restaurant technology startup Choice has secured €6.6 million in new funding and is accelerating its expansion across CEE, including Romania, where it entered in 2025.
Early Game Ventures (EGV) has announced a new seed investment of €1.5 million in the startup YOX, a job marketplace that uses AI to streamline the hiring process.
Romanian startup investment fund Early Game Ventures (EGV) has announced a new seed investment of €1 million in the space-tech startup Orbital Matter.
The West Region is opening a new chapter with the signing of an agreement for the first regional investment accelerator, an initiative by the West Regional Development Agency (ADR Vest).
Medicai, a local health-tech startup specializing in cloud-native medical imaging, is expanding its presence in the US market, backed by an investment of approximately €200,000.
BraveX Aero, a Cluj-based startup specialising in industrial drones, has secured €315,000 in funding from investors in the Transylvania Angels Network.
Fil Rouge Capital (FRC) has announced the launch of its latest €60 million venture capital fund (FRC3) and is officially expanding its operations into Romania.
This year should be a much better year for tech startup funding, after 2023 was the worst in nearly a decade.
Eleven programmes financed through the second Swiss Contribution, with a total value of around CHF 221.5 million (€240 million), are now in implementation in Romania.
OMV Petrom concluded a sales contract with OMV Downstream GmbH, a fully owned subsidiary of OMV AG, for part of the Sustainable Aviation Fuel (SAF) and Hydrotreated Vegetable Oil (HVO) to be produced at the Petrobrazi refinery.
Raiffeisen Asset Management (RAM) manages around 15% of the financial assets of Raiffeisen Group's individual clients in Romania, almost double the market average.
Romania registered the highest annual inflation rate in the bloc for May 2026, reaching 9.7%, according to Eurostat.
PPC Blue Romania, part of the PPC group in Romania, has signed a partnership with Dedeman, a Romanian-owned DIY retailer, for the installation and operation of electric vehicle charging stations across Dedeman's national store network, both existing and future locations.