Inovatie Allia SRL, the company that operates influencer marketing platform FameUP, raised a new round of funding, EUR400,000, from private equity firm 7X Partners and Radu Timis Jr., CEO of food group Cris-Tim Family Holding, who invested on his own. The deal was sealed on July 16, 2025, but the data become public this week.
Romanian farmers shipped 47,210 tons of cucumbers abroad in January-November 2025, worth a total of EUR35 million. Exports in the entire 2024 stood at 39,800 tons and EUR27.5 million, so last year Romania hit a new record, Eurostat data show.
Sphera Franchise Group (SFG.RO) has announced it will close seven Pizza Hut restaurants operated via its subsidiary American Restaurant Systems, which had a negative contribution to financial results.