Hungary-based startup Munch, which provides an application designed to help curb food waste and entered the Romanian market this spring, is expanding operations in the country to Iasi, where it already has 12 partners with 46 locations registered with its platform.
Electricity supplier and distributor Electrica (stock symbol: EL) has informed its shareholders and investors in a stock market report on Sept 17 that it has attracted nearly EUR3.4 million in non-reimbursable European funds through PNRR (National Recovery and Resilience Plan) for a project targeting the construction of an electricity storage capacity.
Schaeffler Romania, the local subsidiary of Germany’s Schaeffler group, announced appointment of Marius Pricop as managing director as of September 2024. Pricop already holds the position of plant manager (Large Size Bearings Plant).