Industry | 28 January, 2025 at 10:46 AM
OVES Enterprise accelerates investments, allocating €3 million for R&D in 2025
The company is preparing AI-driven commercial solutions for flight safety and wildfire prevention.
The company is preparing AI-driven commercial solutions for flight safety and wildfire prevention.
The company continues to heavily invest in research and development, focusing on the Nemesis AI platform.
OVES Enterprise and Kongsberg Defence & Aerospace discuss a possible collaboration to integrate Nemesis AI into defense solutions.
Romania is uniquely positioned to capitalize on the benefits of acquiring and operating the F-35 Lightning II for the upcoming decades.
Storm Shadow AI is an artificial intelligence solution, the result of over 8 months of intensive research and technological development.
The Iran war continues without a clear end, and financial market participants are beginning to consider a scenario where the conflict extends over months rather than weeks, according to an Ebury analysis.
Olympus Foods România has begun construction of a new warehouse at its Brașov Dairy Factory, with an investment of €7.5 million.
Romanians are spending more on cinema experiences as economic pressures drive a shift towards leisure-oriented consumption. Cinema revenues reached approximately €63 million in 2025, up 16% compared to 2024 and around 10% above pre-pandemic levels, according to Colliers data.
Affidea Romania continues its expansion plan in integrated medical services and announces the acquisition of five centres: Phoenix clinics in Bucharest, Arad, Sf. Gheorghe, Sighetu Marmaţiei and GMH Clinic in the capital. The Affidea network now reaches 81 clinics in 33 cities.
Although 86% of organisations plan to increase their artificial intelligence (AI) investments, only 18% can fully leverage this technology, according to an Accenture report.