Ascendia S.A. (ticker symbol ASC), one of Romania’s leaders in e-learning solutions, on October 15 announced that its educational content authoring platform, LIVRESQ, has received a grant from ElevenLabs—a global leader in AI-based voice technologies—for the development of LIVRESQ’s AI audio infrastructure.
Romania's industrial production decreased by 1.5% in January-August 2025 in unadjusted data compared with the same period of 2024 and was down 0.7% when adjusted for the number of working days and seasonality, data from the country's statistical office INS showed on Wednesday (October 15).
Froneri, one of the world’s largest ice cream companies, which owns brands such as Häagen-Dazs, Cadbury, Oreo and Milka, has entered agreements to acquire the European ice cream business of Food Union, a transaction that also includes the Romanian operations.
Real estate consulting company Cushman & Wakefield Echinox has recruited Gabriel Vinte for the position of business development manager within the Project & Development Services (PDS) Department.
Impetum Investments S.A., the investment division of Impetum Group, on October 15 announced the admission to trading for two issues of guaranteed corporate bonds, totaling EUR5.18 million.
The House of Merchant Dimitrie Petrescu, a listed building located in Calea Grivitei, no 115, has been acquired on the basis of the preemption right by the Local Council of Bucharest District 1 for EUR1.7 million in order to be turnover into an education and cultural center, the Romania arm of Sotheby’s International Realty has announced.
Concelex, one of Romania’s biggest construction companies, has won the contract for the upgrading of Arad Penitentiary, a project worth RON49.3 million (VAT not included).
Bacau-based Agricola group, a leading poultry, cold cuts and ready-meal producer in Romania, has signed a leasing agreement for 5,400 square meters in ELI Park Bacau, part of the portfolio of ELI Parks, one of the most dynamic developers on Romania’s logistics and industrial market.