Vectr Holdings, through its subsidiary Vectr Realty, has acquired 100% shares of the company that owns The Landmark office building, and the move is part of Vectr Holdings’ growth plans in Romania.
The first half of 2024 saw real estate transactions in Romania totaling EUR419 million, more than double the amount recorded in the same period of 2023, Colliers Romania experts said in their market report for the first half of 2024, set to be released at the end of July.
Aqurate, a local startup that has developed an AI-powered SaaS platform for ecommerce data analysis, aims to raise a new seed funding round to step up the development of the project and regional expansion, according to its representatives.
OVES Enterprise, a Romanian software development company and drone manufacturer, has announced the acquisition of a minority stake in MXT Creation, a provider of end-to-end solutions for embedded hardware products, and is thus entering a new field of activity - the printed circuit board (PCB) production, company representatives said in a press statement on July 11.
Early Game has invested EUR900,000 in Relock, a cybersecurity startup created by Polish founders that develops a new API protection technology, as part of a pre-seed round.
Computer and electronics retailer Altex, held by entrepreneur Dan Ostahie, and furniture retailer Mobexpert, held by Dan Sucu, will be jointly launching a new store concept, along with the inauguration of a products and services center planned for summer 2025.
iBanFirst, one of the leading global providers of foreign exchange and international payments for businesses, has intermediated EUR660 million in international payments for Romanian trading companies in the first half of 2024, marking a substantial 203% increase compared to the same period last year.