INVL Baltic Sea Growth Fund has completed the purchase of Pehart Group, a producer of household and industrial paper products in Romania, from Abris Capital Partners.
Elfi, the Romanian producer of tissue and sanitary paper products, has announced a significant €10 million investment aimed at expanding its production capacity.
In 2020, 63% of paper and card was recycled in Romania, compared to a European average of 82%
AI is creating two distinct directions in the global labour market, according to PwC research, based on an analysis of over one billion job listings across six continents.
PPC Energie, an integrated energy provider, has added an Operation and Maintenance (O&M) service for energy storage systems (BESS) to its portfolio of solutions for companies.
FintechOS, the financial technology company founded in Romania that provides AI-based digitalisation solutions for banks and insurers, has reached profitability on the back of a 40% rise in recurring revenue at the end of Q1, company representatives said.
In 2026, production sites in Romania are turning to power studies to understand how energy is consumed and distributed within their own installations, at the level of equipment and production lines.
The European Bank for Reconstruction and Development (EBRD) is providing a loan of RON 300 million (€57 million equivalent) to Delgaz Grid, an electricity and gas distribution company operating in Romania, to support energy security.