06.06.2023

Two contracts have been signed for the modernization of electricity distribution networks and the beneficiary is Distributie Energie Electrica Romania, according to Energy Minister Virgil Popescu. more

05.22.2023

OMV Petrom (SNP.RO), the largest company in Romania and the main integrated energy company in SE Europe has signed a funding contract via the National Recovery and Resilience Plan (NRRP) to build a more

05.03.2023

Tech startup Pluria, launched in September 2020 in Romania and Spain by entrepreneur Andrei Cretu, cofounder of 7card network, now present in ten countries of two continents, announced a $2 million more

04.03.2023

Romania’s north-western city of Oradea will receive European funding worth almost EUR16.4 million for the development of a solar photovoltaic (PV) park on a 12.5-hectare plot of land that belongs to more

03.29.2023

OMRO, a non-banking financial institution funding Romanian agriculture SMEs and local businesses, has sealed a partnership with BNP Paribas, a major banking players in the EU, via which the company more

03.24.2023

Local startup easySales, which has set up an automated B2B management and e-commerce platform, has attracted new funding from Fortech Investments, which became a minority stakeholder. more

03.01.2023

Polish-American venture fund SMOK Ventures, Czech investment fund Presto Ventures and tbi bank’s CEO, Petr Baron, are some of the investors that granted EUR1 million financing to Ukrainian startup more

02.21.2023

The Soleadify project, launched by Dataworks Research SRL, which develops a global database of companies to help businesses find customers, has secured a $6 million investment from five investment more

02.17.2023

Local startup Druid, founded in 2018 by local entrepreneur Liviu Dragan, plans to raise new funding this year, worth around EUR20 million, and is already in talks with investment funds of the US and more

02.09.2023

Startup firm TOKHIT based in Cluj-Napoca, which developed a social network application based on Gaming, A.I. and Blockchain, has attracted financing worth $100 million from an international investment more

02.03.2023

Startup Milluu, which developed a home renting application, has raised a new funding round worth EUR1 million, which was led by Polish investment fund Cofounder Zone. company representatives said in a more

01.26.2023

Exonia Holding, a group that includes the biodegradable paper packaging manufacturer by the same name, plans to list on AeRO market of the Bucharest Stock Exchange, following a private placement in more

01.17.2023

Real estate developer STC Partners got a EUR6 million funding from Banca Transilvania to develop the first phase of housing compound Quartier Azuga located in Doamna Ghica area, with the phase due to more

01.12.2023

Digitail, a local startup that developed an all-in-one software platform for veterinarians, on Thursday (Jan12) said it raised an investment of $11 million in a Series A funding round led by UK’s more

01.12.2023

Raiffeisen Bank is the first bank in Romania to enhance business financing through a synthetic securitization under a new cooperation with the European Investment Bank (EIB) and the European more

01.10.2023

Romanian startup Vatis Tech, which created a speech recognition platform for audio-video content processing, announces a new funding round worth EUR650,000, company representatives said in a more

01.09.2023

SME-type companies in 2023 have funding totally worth around EUR2 billion available, in line with data provided by consulting firm REI Grup. more

12.29.2022

Tech startups in Romania got EUR79.27 million funding in 2022, 7.35% less than the EUR85.56 million of 2021 attracted in 93 rounds, a report by Activize shows. more

12.22.2022

Romanian company Footprints for Retail, which operates a Retail Media platform, has closed its first funding round and attracted a EUR500,000 investment, with the company being now valued at EUR5 more

12.21.2022

The financing for tech startups in Romania reached EUR226 million in the first ten months of 2022, 36% more than in 2021, despite the high inflation and the macroeconomic situation, a report by more

11.24.2022

Fagura, a private-to-private (P2P) lending platform developed by Moldovan entrepreneurs, has launched a new funding round through British crowdfunding platform Seedrs.com to support the scaling of more

11.23.2022

Aqurate, an AI-powered SaaS platform that supports eCommerce companies using their data to grow, plans to attract a financing of up to EUR500,000, part of which will be raised through tech startup more

10.17.2022

Romanian high-performance computing startup Amsimcel said on Monday, October 17, that it attracted EUR 4.8 million in blended financing through the European Innovation Council (EIC) Accelerator. more

09.27.2022

Autonom Services, the mobility network controlled by brothers Marius and Dan Stefan, has received EUR15 million backing from the European Investment Bank to increase its e-car fleet. more

09.06.2022

The 123Credit.ro platform, which eases the access to personal, consumer and mortgage loans and was launched in early 2022, has raised EUR3 million through private equity fund Omnia Capital, in a more