Over €300 million awarded to 12 Romanian food industry projects
The InvestALIM program, designed to support the development of the food industry, will provide funding for 12 projects with a total investment value of over €300 million.
The InvestALIM program, designed to support the development of the food industry, will provide funding for 12 projects with a total investment value of over €300 million.
The European Investment Bank (EIB) Group's financial support for Romania is rapidly approaching a significant milestone.
Catalyst Romania led the funding round, with participation from SeedBlink and other private investors.
The authorities are preparing to launch more than 15 separate funding lines, with allocations ranging from €50,000 to more than €57M.
Fagura, the fintech platform that connects entrepreneurs and investors, announces a new €1 million funding round secured through convertible notes.
The BeeFast SaaS platform provides real-time visibility of delivery operations through an intuitive dispatcher tailored to the specific requirements of instant deliveries.
Each initiative benefits from funding between RON 230,000 and almost RON 270,000 and the projects are planned to be completed throughout 2025.
EIF signs agreements with seven banks to boost business competitiveness and sustainability.
European Industrial SMR Alliance selects newcleo as one of the projects to be supported.
With these resources, ELEC will develop its own software and integrate ridesharing, rent-a-car, and electric charging services into the same platform.
This year should be a much better year for tech startup funding, after 2023 was the worst in nearly a decade.
Hartmann Packaging has announced the purchase of the Romanian subsidiary of Dentaş Kağıt Sanayi, which specializes in the production of molded fiber packaging solutions.
Premier Restaurants Romania, the operator of McDonald's restaurants in the country, announced a turnover of over RON 2 billion (€401 million) in 2024.
Wolt, the Helsinki-based technology company, is set to officially launch operations on the Romanian market this May.
Chinese car maker Chery has officially announced its entry into the Romanian market through a partnership agreement with Auto Italia Group, part of the Samelet Group.
Oil and gas major OMV Petrom has announced that its wind and photovoltaic projects in Romania have a combined capacity of 2.4 GW.