OVES Enterprise, a Cluj-Napoca-based company specialized in software development, has launched SkyLock, an integrated system for the interception and neutralization of hostile drones, developed on the Nemesis AI platform, the company has announced in a press statement on Tuesday (Jan 27).
Raiffeisen Bank has entered the fray and submitted a bid for Garanti Bank Romania, banking sources say.
Rafinor, the leading Romanian precious metals processor, ended 2025 with a turnover of over EUR40 million, amid rising demand for investment gold and the expansion of local production capacities.
GapMinder, a venture capital company that invests in technology startups from Romania and Eastern Europe, is leading a EUR1.5 million funding round in InsiderCX (ICX), an AI-driven platform designed to enhance patient experience in healthcare.
Romania's Competition Council is assessing the notified acquisition of insurance brokerage company Campion Broker de Asigurare şi Reasigurare S.R.L. by insurance company Allianz-Tiriac Asigurari S.A.
Romania's general consolidated budget posted a cash deficit of 7.65% of gross domestic product in 2025, respectively RON146.03 billion (EUR28.65 billion), which is one percentage point below the 8.67% gap recorded in 2024, the country's finance ministry announced in a statement on Tuesday (January 27).
Law firm bpv Grigorescu Stefanica has advised leading global automotive systems supplier Motherson on the Romanian aspects of the transaction involving the acquisition of 100% of Nexans autoelectric’s global wiring harness business, for an enterprise value of EUR207 million on a cash-free and debt-free basis.