Retele Electrice Romania, part of PPC group in Romania, announces that by yearend the total number of smart meters installed by the company in Banat, Dobrogea and Muntenia regions will revolve around 2 million.
Druid AI, one of the most successful tech startups started in Romania, run by entrepreneur Liviu Dragan, is readying to announce a new funding round, of around $50 million, amid a $300 million valuation, market sources told ZF.
OVES Enterprise, a Romanian company specializing in the development of software solutions for aerospace, defense and cybersecurity applications, has signed a strategic memorandum with Overwatch Aerospace, a British firm specializing in the development and production of military drones and advance aerospace solutions, inclusively used by the British government and in Ukraine operations.