Automotive, farming and transportation electric wiring maker E-Cablaje, held by Italy’s Cable Company SPA and Lobogest SPA, made RON9.3 million (EUR1.8 million) net profit in 2024, up 98.2% from a net gain of RON4.7 million (EUR951,000) reported in 2023, in line with public data.
Romania's Ministry of Energy has declared a crisis-level emergency situation and authorized the removal of 80,000 tons of crude oil and 30,000 tons of diesel from the country's emergency stocks amid a contamination incident at the Turkish Ceyhan oil terminal, which also affected a shipment of crude oil from Azerbaijan destined for OMV Petrom’s Petrobrazi refinery.
Proptech startup VAUNT, which supports real estate developers in their marketing and sales processes, has launched Spotlight, a new AI-powered tool that enables the automatic and independent generation of interactive digital tours.