11.27.2023

Oves Enterprise, a Romanian software development company based in Cluj-Napoca, announces the launch of the first demining drone - Hyper Drone. more

09.29.2023

OVES Enterprise, a Romanian software development company from Cluj-Napoca, is diversifying its business lines and announces investments of over EUR500,000 in the production of drones, according to more

06.19.2023

Private equity firm Enterprise Investors (EI) is reviewing a number of projects in various stages of development, the firm said. more

01.25.2023

Software developer OVES Enterprise saw turnover top EUR6 million in 2022 and for the current year its officials expect turnover to double amid the rising number of projects in the financial and more

12.15.2022

Romania’s software and services market suddenly slowed down toward yearend, from an average annual increase of 15-17% to 5% in the past two months, as many projects traditionally wind down before more

09.08.2022

Investment fund Enterprise Investors, which sold Romanian group Noriel this July to Turkey’s Sunman Group, will continue to invest on the local market as it was one of the most dynamic funds locally more

08.29.2022

OVES Enterprise, a Cluj-Napoca-based company specializing in software development, managed to double receipts in the first six months of this year against the year-earlier period, as it succeeded in more

07.27.2022

The Deal Advisory team of KPMG in Romania has advised Polish Enterprise Fund VII, a private equity fund managed by Enterprise Investors (EI), on the sale of 100% in Noriel Group, the leading Romanian more

05.17.2022

Only 5% of digitization projects completed, with application in the Romanian public sector, are actually used and continue to be developed and to benefit from maintenance services – as per an more

04.06.2022

Oves Enterprise, an IT company of Cluj, with several tens of employees and EUR3 million turnover in 2021, has expanded in Germany starting 2022 and bet on further expansion on markets such as the UK, more

02.28.2022

Oves Enterprise, a Cluj-Napoca-based company specializing in software development, with EUR3 million turnover at end-2021 and 75 employees at present, wants to hire around 135 developers by yearend, more

02.17.2022

Romanian software development startup OVES Enterprise based in the city of Cluj-Napoca plans to double its turnover up to RON30 million in 2022 and to invest EUR1.5 million in developing products, more

01.21.2022

Oves Enterprise, a Cluj-Napoca-based company specialized in software development, with turnover of around RON14 million at end-2021, announced it is set to open an office in Germany, in Munich, and more

11.17.2021

S&T, one of the largest IT&C solutions integrators in Romania and part of Austria’s S&T Group, has made a new acquisition on the local market, respectively Enterprise Concept, a company specialized more

02.01.2021

Serban Roman, vice-president of Enterprise Investors and country director for Romania, is leaving the investment fund after 13 years. more

02.04.2019

Enterprise Investors, one of the oldest actors on Romania’s private equity market, is considering resuming acquisitions in Romania after a three-year hiatus. more

05.02.2018

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04.19.2018

The Romanian subsidiary of the US Hewlett Packard Enterprise (HPE), one of the largest suppliers of IT equipment and provider of IT services for companies, posted growth on all business segments last more

12.19.2017

Private equity firm Enterprise Investors exited the shareholding structure of building materials manufacturer Macon, which was taken over by German construction material producer Xella International. more

01.26.2017

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12.06.2016

The sale by Enterprise Investors of the supermarket chain Profi to buyout investor Mid Europa Partners for EUR533 million was the most important deal in local retail and eighth biggest in Romania’s more

10.19.2016

Enterprise Concept group, one of the main players on the Romanian BPM (business process management) market, estimates a turnover of EUR2 million this year, double versus 2015, and a 50% growth in more

06.30.2016

Romania’s Competition Council on Thursday approved the transaction whereby Noriel group, a toy retailer, distributor and manufacturer, was taken over by Polish private equity fund Enterprise more

08.31.2015

Polish investment fund En¬ter¬prise Investors mulls buying a stake in Romanian toys manufacturer and retailer Noriel from investment fund Axxess Capital, according to market sources. more

06.11.2015

The Romanian entrepreneurial class has learned its lesson from the crisis, and businesspeople have become wiser than they were in 2007-2008, so they are now approaching development or internal more