OVES Enterprise, a Romanian technology company specializing in autonomous systems and artificial intelligence applications, with experience in drone development and manufacturing, and EDRONE, one of Ukraine’s largest drone manufacturers, are expanding a partnership established during the early years of the war and laying the foundations for the joint production of military drones in Romania.
Mozaik Investments, through its project company M-Ventures, has signed an agreement to acquire City Gym, a local operator with five fitness studios in Bacau, Focsani, and Roman; the transaction is expected to be finalized once specific conditions are met.
Romanian entrepreneurial group TEILOR, which comprises the TEILOR, DAAR, JANINE, and MoneyGold brands, has secured a syndicated loan of up to EUR115 million, which includes refinancing facilities, investment financing, and revolving lines of credit intended to support its development plans and the implementation of its growth strategy.