Finance | 20 February, 2025 at 11:32 AM
Eastern European startups draw nearly €4 billion in Venture Capital
Now in its fifth edition, the report expands its scope to the entire region, gathering data from 22 countries.
Now in its fifth edition, the report expands its scope to the entire region, gathering data from 22 countries.
Western European shoppers spend an average of €85 per transaction, while Eastern European consumers spend €55.
With an estimated value of $375 million in 2024, the local BPO market is poised to grow by more than 30% over the next five years.
Asset management platform Metawealth is entering Romania's battery energy storage system (BESS) market with grid-scale storage projects worth €110 million.
Romania's Ministry of Finance announced that the consolidated general budget execution for 2025 ended with a cash deficit of RON 146.03 billion (€28.65 billion), representing 7.65% of GDP, down one percentage point from the 8.67% deficit recorded in 2024.
Romanian FMCG distributor Aquila has completed a €5 million investment in an AI-based automation solution at its warehouse in Drăgomirești, Ilfov County.
VC fund GapMinder has led a €1.5 million investment round in Croatian startup InsiderCx, an AI-powered patient feedback platform that helps healthcare providers collect actionable insights and improve patient experience.
Shares of state-owned power producer Hidroelectrica reached a new historic high of RON 138.40 (€27.17) on 27 January 2026, marking the highest level since the company's listing on the Bucharest Stock Exchange on 12 July 2023.