Biotechnology startup The Cat Health Company (TCHC), which develops therapies to increase cat longevity, has secured a new $1.2 million round of funding.
Green Factory, a Polish producer in the vegetable, salad, and fresh convenience food sector, has completed the acquisition of salad producer Eisberg Romania within a transaction which targeted the operations in Poland, Hungary and Romania of Swiss-held Bell Food Group.
Genezio, a startup co-founded by Andrei Pitis, is launching a Conversational AI Optimization platform, a tool created to aid companies understand and improve the way generative AI systems perceive and describe their brands.
Law firm Filip & Company has assisted Digi Romania in the deal whereby the company acquired part of the activity and assets of Telekom Romania Mobile Communications.
Electroalfa International, part of Electroalfa group owned by Gheorghe Ciubotaru, will open a new plant, in Botosani, in partnership with German transformer manufacturer SGB-SMIT Group.
The market of deals with small and medium-sized office buildings of Bucharest is expanding with the emergence of an increasing number of local active investors.
One United Properties, one of Bucharest’s most dynamic real estate developers, has started works for the construction of two private education units and continues investments in road infrastructure of the city’s district 2, with the total value of projects amounting to EUR27 million.
Deutsche Bahn Cargo Romania, the rail freight transportation unit of German giant Deutsche Bahn, in 2024 generated RON428 million turnover, down 11% from 2023.
Victoriabank, part of Banca Transilvania Group and one of the largest banks in the Republic of Moldova, has completed the acquisition of Microinvest, the biggest non-banking lending company in the neighboring country, with over 46,000 clients, 17 units and almost 400 employees.
Romanian-British startup Ogre AI, which has developed an AI-based platform for prognoses in the energy field, has raised European funding of above RON7.9 million (around EUR1.6 million) via the Smart growth, digitalization and financial instruments program 2021-2027.
IPEC Alba Iulia, one of Europe’s leading porcelain plate manufacturers, is contemplating investing in a country outside the EU, where production prices are lower.
Romanian company IT Genetics, part of ITG group, which provides integrated digitalization and automation solutions for retail, logistics, manufacturing and other industries, is set to submit its BVB listing file to the financial watchdog ASF in the coming period.