OVES Enterprise, Romanian software development company with expertise in building complex software solutions and AI innovations for the aerospace, defense and cybersecurity industries, contributes through its Nemesis AI technology to enhancing the capabilities of the EAGLS™ counter-drone systems developed by MSI Defense Solutions and currently deployed by the U.S. Army in the Middle East to protect forces engaged in operations.
Raiffeisen Bank Romania and InnovX have completed the selection process within MagicMoon, the spinoff of MoonShotX dedicated to entrepreneurs aged below 30, founders of companies with turnover or raised investments of as much as EUR1 million aiming to expand internationally.
Romania's top oil and gas group OMV Petrom (stock symbol: SNP) on March 11 announced its entry into the exploration consortium for the Han Tervel offshore block in the Bulgarian Black Sea.
Private healthcare operator MedLife (stock symbol: M) has announced the first preliminary results of clinical validation from its genomics study, part of the Longevity100+ program, which aims to explore the role of genetic testing in preventive medicine.
Rompetrol Rafinare, the operator of Petromidia refinery, has started production of a new polymer type, Polypropylene Random Copolymer, with a view to portfolio diversification and covering car and food industry demand.
Engie Romania, the largest natural gas distributor and supplier locally, is in talks to lease a space of around 4,000 square meters in Matei Millo Offices building of downtown Bucharest, where the company intends to open an IT center, in line with real estate market sources.