Tag Archives: Romania

Synaptiq’s AI Slashes Radiotherapy Planning Time with Automated Tumour and Organ Contouring

(IN BRIEF) Synaptiq is streamlining radiotherapy preparation with its AI‑driven contouring software, which automates the delineation of tumours and organs at risk. Founded by Dragoș Dușe and Roxana Săbău, the Romanian startup emerged from research at Germany’s Cancer Research Centre and now … Read the full press release

Landmark €500 Million Green Bond Issuance by Electrica Attracts EIB Support and Oversubscribes Tenfold

(IN BRIEF) Electrica has issued Romania’s first corporate green bond, raising €500 million with strong oversubscription—demand was more than ten times the supply. The bond, backed by investors including the EIB, will be listed in Luxembourg and Bucharest. Funds will support … Read the full press release

Romania’s Exim Banca Romanească Secures €43.75 Million Guarantee to Boost Exports to Ukraine Reconstruction

(IN BRIEF) Exim Banca Romanească has joined the InvestEU Ukraine Export Credit Guarantee Facility, making Romania the tenth EU country to participate alongside nine others. The initiative, backed by the EIF within the EIB Group, provides guarantees to SMEs and … Read the full press release

Digi Communications N.V. announces the availability of the instruction regarding the payment of share dividend for the 2024 financial year

(IN BRIEF) Digi Communications N.V. has announced a gross dividend of 1.35 lei per share for the 2024 financial year, approved at its Ordinary General Shareholders’ Meeting on 18 June 2025; the ex-date is 26 June 2025, the record date … Read the full press release

Luxembourg tops European fashion spending at €1 777 per person while Romania lags at €375

(IN BRIEF) NIQ-GfK’s pan-European analysis finds that average per-capita spending on clothing and shoes in 25 countries is €772, with Luxembourg (€1 777), Switzerland (€1 096) and Norway (€1 034) at the top and Romania (€375) at the bottom; fashion … Read the full press release

Eurojust Backs Romania and Moldova in Major Phishing Fraud Money-Laundering Crackdown

(IN BRIEF) Eurojust coordinated a major cross-border operation in Romania and Moldova against a phishing fraud network that had been active since at least 2013. In joint actions today, authorities searched 44 locations, targeting the subgroup responsible for opening fraudulent … Read the full press release

EMPA-Led Campaign Cuts Romanian Oil & Gas Methane Emissions by up to 60%

(IN BRIEF) Empa-led teams conducted two methane measurement campaigns in southern Romania (2019, 2021), employing ground devices, drones, and the AVIRIS-NG airborne spectrometer to map leaks from oil and gas infrastructure. They discovered actual emissions two to three times higher … Read the full press release

Digi Communications N.V. announces Share transaction made by a Non-Executive Director of the Company with class B shares

(IN BRIEF) On 10 June 2025, Non-Executive Director José Manuel Arnaiz de Castro bought 6,800 Class B shares and promptly reported it under EU Market Abuse Regulation to ASF, AFM and the Company’s compliance office; Digi Communications N.V. is a … Read the full press release

OSCE and Romania Equip Moldovan Officers with Advanced Tools for Intelligence-Led Investigations

(IN BRIEF) A week-long training in Chișinău has enhanced the analytical skills of Moldovan law enforcement officers through the use of i2 Analyst’s Notebook software. Organized by the OSCE’s Transnational Threats Department in co-operation with Romania’s OSCE Mission, the course … Read the full press release

EBRD Invests €76 Million in VGP’s Green Bonds to Enhance Sustainable Logistics Infrastructure in Central and Southeastern Europe

(IN BRIEF) The EBRD has invested €76 million in VGP’s green bond programme, aimed at supporting the development and acquisition of sustainable logistics and industrial parks in Central and Southeastern Europe. The funding will help expand the availability of high-quality, … Read the full press release

FORVIA HELLA to Lead Future of Autonomous Driving with Groundbreaking Control Electronics and €1 Billion in New Contracts

(IN BRIEF) FORVIA HELLA has secured over €1 billion in new orders, including the development of the Advanced Control Module (ACM) for automated driving and the Intelligent Power Distribution Module (iPDM). With production taking place in Timisoara, Romania, and development … Read the full press release

EBRD Partners with Garanti BBVA Romania to Support Green Economy Investments and Banking Stability

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has provided a €50 million subordinated loan to Garanti BBVA Romania to enhance its capital base and support sustainable lending. Garanti BBVA Romania will use the funds to invest in … Read the full press release

Salt Bank Reaches 500,000 Customers in Its First Year as Romania’s Pioneering Digital Bank, Powered by Engine by Starling and GFT

(IN BRIEF) Salt Bank, launched as Romania’s first digital bank in April 2024, has quickly captured the market, reaching 500,000 customers in just one year. Developed in only 12 months by teams from Salt, Engine by Starling, and GFT, the … Read the full press release

EBRD Extends €120 Million Loan to AFI Europe to Drive Sustainable Real Estate Growth in CEE

(IN BRIEF) The EBRD has provided a regional loan of up to €120 million to AFI Europe to fund its expansion in Serbia, Poland, Romania, and Czechia. The financing will support the development of AFI’s modern portfolio in central and … Read the full press release

SYNLAB Divests Eastern European Units to Medicover, Sharpening Focus on Strategic Growth Markets

(IN BRIEF) SYNLAB has sold its operations in Eastern Europe—specifically in Croatia, Cyprus, North Macedonia, Romania, Slovenia, and Turkey—to Medicover Group, a major European healthcare provider. This move, representing about 1.5% of SYNLAB’s 2024 revenue, is part of the company’s … Read the full press release

Erste Private Banking Dominates Euromoney Awards with Six Distinctions Across Central and Eastern Europe

(IN BRIEF) Erste Private Banking has been honored with six best-in-class awards by Euromoney, highlighting its exceptional performance across multiple regions. In Austria, the bank was recognized as the “Best Private Bank,” “Best for High-Net-Worth” clients, and “Best for Discretionary … Read the full press release

ELKO Group Brings Globally Acclaimed Narwal Robotic Vacuums to Romania with Exclusive Distribution Deal

(IN BRIEF) ELKO Group has become the exclusive distributor for Narwal in Romania, bringing the renowned robotic vacuum brand to the local market with two flagship models—Narwal Freo Z Ultra and Narwal Freo X Ultra—and plans to launch a total … Read the full press release

Romania and Netherlands Launch Joint Investigation into Theft of Precious Artifacts from Drents Museum

(IN BRIEF) Romanian and Dutch authorities have formed a joint investigation team (JIT) to investigate the theft of four valuable Romanian historical artifacts from the Drents Museum in the Netherlands. The stolen items, including the golden crown of Coţofeneşti and … Read the full press release

Mutares Completes Acquisition of S.M.A. Metalltechnik to Enhance SFC Group’s Automotive Cooling and Thermal Management Capabilities

(IN BRIEF) Mutares SE & Co. KGaA has acquired S.M.A. Metalltechnik GmbH & Co. KG, a company specializing in the manufacturing of impermeable aluminium pipes for automotive cooling applications. This acquisition will strengthen SFC Group’s capabilities in climate control and … Read the full press release

Wienerberger Extends Partnership with Habitat for Humanity to Build More Homes for Vulnerable Communities

(IN BRIEF) Wienerberger has extended its partnership with Habitat for Humanity International for another three years, continuing their efforts to build affordable housing for those in need. Since 2012, the collaboration has provided homes for over 6,300 people, constructing more … Read the full press release