Dendrio Solutions, part of IT group Bittnet Systems, has signed a memorandum of understanding with Swedish company Hemply Balance to carry out a reverse listing process in the wake of which Dendrio market capitalization will range between EUR37.5 million and EUR40 million.
Alternative investment fund Evergent Investments (EVER) is convening its shareholders to approve a share buyback offering, with Aerostar shares and cash being offered in exchange.
Devero Impex, a business controlled by Musetescu family of Mizil, Prahova county, in 2023 posted turnover worth RON18.7 million (EUR3.8 million), 13.5% higher than in 2022, in line with ZF calculations based on Finance Ministry data.
TMD Friction Romania, which owns brake pads brand Textar, for 2023 reported turnover worth RON358.5 million (EUR72.5 million), up 15% from 2022, in line with ZF calculations based on Finance Ministry data.
Romanian startup Pentra (formerly Pentest Copilot), which was among the finalists of the Innovation Labs 2024 and was selected by Early Game Ventures to get funding, has recently received the promised EUR150,000 investment.