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.