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Schneider Electric and Hon Hai Technology Group (Foxconn) announce strategic collaboration to accelerate next-generation AI data centers
Wednesday, June 17, 2026
Schneider Electric, a global energy technology leader, today announced a strategic collaboration with Hon Hai Technology Group ...
SCF Enters Romania, Buys Two NEST Retail Parks for €40M
Wednesday, June 17, 2026
The Czech investment group SCF Investment Partners, together with its partners, has completed the acquisition of two NEST retail parks in Romania from developer RC Europe, in a transaction worth nearly €40 million. The deal marks the investor’s entry into the local market and the expansion of its real estate portfolio in Central and Eastern Europe. The acquired assets, NEST Miercurea Ciuc and NEST Moine?ti, ...
Proptech Startup VAUNT Secures Its First Client in the US
Wednesday, June 17, 2026
Proptech startup VAUNT announces they signed their first client in the USA, NYC real estate brokerage and relocation firm Pinpointe Group. The integrated sales and marketing was adapted to meet the new market’s specific requirements. This is a critical step in VAUNT’s expansion, following many strategic actions the founders have taken to ensure growth in North America. Romanian Proptech startup VAUNT is now ...
STRABAG buys Romanian BAWI Construction
Wednesday, June 17, 2026
STRABAG SE has signed an agreement to acquire 100% of the shares in BAWI Construction SRL, headquartered in Bucharest. With this transaction, the Group is taking another step to strengthen its position in the European railway infrastructure business. BAWI is an established provider in the field of railway infrastructure, with comprehensive expertise along the entire value chain – ranging from ...
Electro-Alfa International completes acquisition of SPIACT Craiova and Electro Alfa CM
Wednesday, June 17, 2026
Electro-Alfa International (BVB: EAI), a leading Romanian manufacturer of electrical equipment and provider of EPC and IT services, listed on the Bucharest Stock Exchange, has completed the acquisition of SPIACT Craiova and Electro Alfa CM (Metal Fabrications). The two acquisitions, worth over EUR 9 million, are strategic for the company’s long-term growth and were outlined in the listing prospectus. ...
TotalSoft exceeds €46 million in 2025 and consolidates its presence in over 40 countries
Wednesday, June 17, 2026
The 2025 figures tell a story of business consistency. TotalSoft recorded EUR 46 million in turnover last year, marking an increase of approximately 25.7% compared to 2024 and investments of more than EUR 5 million in Charisma platform. For TotalSoft, these results are not only a financial confirmation, but also proof that the transition from software provider to global operations integration partner is already ...
Trade Register Office: 51,273 individuals, legal entities registered in the first four months of 2026
Wednesday, June 17, 2026
The number of registrations of individuals and legal entities increased by 14.28% in the first four months of 2026 compared with the same period in 2025, reaching a total of 51,273 registrations, of which 28,294 were limited liability companies (SRLs), according to data compiled by the National Trade Register Office (ONRC).The highest number of registrations was recorded in Bucharest, with 11,917 registrations (+15.83% compared with the first ...
Small entrepreneurs in Danube Delta demand simplification of bureaucracy and interconnection of state institutions
Wednesday, June 17, 2026
Private companies from Tulcea County that have accessed European funds through the Integrated Territorial Investments (ITI) - Danube Delta financial mechanism want the interconnection of state institutions and more consistent support from the authorities in order to continue attracting financing for modernization.ITI Danube Delta, a mechanism dedicated to the area to reduce the development gap compared to neighboring counties, has stimulated the Tulcea ...
Number of insolvency cases rises in May; 864 proceedings opened nationwide - platform
Wednesday, June 10, 2026
The number of insolvency cases increased in May 2026 compared with the same month last year, with 864 cases registered nationwide, according to data published by financial analysis platform RisCo.In Bucharest, the number of insolvency cases rose sharply, from just over 100 to 215, the data show."Analysis of insolvency cases opened between May 2025 and May 2026 points to a 37% increase. This upward trend reflects mounting economic ...
Competition Council okays Turkey's Otokar Otomotive taking over Automecanica
Wednesday, June 10, 2026
Romania's Trade Competition Council has authorised the transaction by which Otokar Otomotiv ve Savunma Sanayi A.S of Turkey intends to take over Automecanica S.A. Romania, the competition authority announced.Otokar produces light buses and trucks on the commercial vehicle segment, as well as a variety of tactical armoured vehicles with wheels and tracks and turret systems for the defence industry.Automecanica operates within the Automecanica ...
Agency for Foreign Trade launches export platform, promotes Global Gateway opportunities
Wednesday, June 10, 2026
The Romanian Agency for Investment and Foreign Trade (ARICE) has presented Romanian companies with the opportunities offered by the European Union's Global Gateway programme and launched two new tools aimed at supporting the internationalisation of local businesses: a digital platform for registering for international trade fairs and economic missions, and a unified visual identity for promoting Romanian companies abroad.According to the ...
METIGLA invests €6.2M in automation and new steel system launch
Wednesday, June 10, 2026
METIGLA, a producer of complete roofing and metal closure solutions, announces the completion of a €6.2 million investment in five production lines dedicated to gutter systems, already operational at its Ceptura factory, Prahova, Romania. The project marks one of the most important industrial investments in the company’s history and supports its expansion strategy both on the ...
Databricks Eyes $175B Valuation in New Funding Round
Wednesday, June 10, 2026
The data analytics software company Databricks has held talks regarding a funding round that could begin next month and potentially value the company between $165 billion and $175 billion, according to sources cited by The Information, as reported by Reuters. According to the cited source, Databricks, one of the most valuable private companies, completed a fundraising round earlier this ...
TeraPlast Expands to Spain via Aliaxis Factory Deal
Wednesday, June 10, 2026
TeraPlast has reached an agreement to acquire, through a business transfer, the MASA polyethylene pipes business of Aliaxis in Spain. The production facility is located in Okondo, in Northern Spain, 20 km from Bilbao. The Spanish plastic pipes market is one of the most dynamic in Western Europe. The transaction price will be determined and paid at closing, based on a usual formula starting from a base ...
DN AGRAR Secures €13.5M for Farm Expansion Strategy
Wednesday, June 10, 2026
DN AGRAR Group, an integrated agrifood company in Romania, announces its investment plan for the development of the CUT 2 farm, the 6th farm of the Group, and the construction of two additional composting facilities, supporting the long-term growth and sustainability strategy. The investment in the new CUT 2 farm amounts to approximately EUR 12 million and will be financed through a bank loan provided ...
FACIAS sues Romanian Government over €600M Pfizer deal
Wednesday, June 10, 2026
FACIAS takes the Government to court, arguing that “€600 million from the Pfizer contract must not be paid by Romanians”. Romania stands to lose more than €600 million as a result of the Pfizer vaccine contract, with each day of delay potentially adding approximately €150,000 to the total bill. In this context, the Foundation for the Defense of Citizens Against State Abuse ...
Equans, part of Bouygues Group, is opening its IT hub in Romania
Wednesday, June 10, 2026
One United Properties announces that Equans, global leader in energy and technical services and part of the French giant Bouygues Group, is establishing its Romanian headquarters at One Cotroceni Park Office building, following the launch of a local IT hub and the start of the recruitment process. The Cushman & Wakefield Echinox real estate consultancy company, represented by Bogdan Bogatu, director ...
Rheinmetall signs EUR 5.7 billion contract with Romania
Wednesday, June 3, 2026
Germany's Rheinmetall, a leading international systems supplier in the defence industry, on Tuesday announced having signed a EUR 5.7 billion contract with Romania that it called "the largest international contract package in the company's recent history."In a press statement released on Tuesday, Rheinmetall says that the contract package falls under the European Union's Security Action for Europe (SAFE) programme and includes 298 Lynx vehicles, a ...
Thirty-million-euro factory opens in Oradea
Wednesday, June 3, 2026
The German company ebm-papst Romania on Tuesday opened a new factory worth approximately EUR 30 million in the Industrial Park II of Oradea that integrates production, research and development, offices and a service centre.OradeaMayor Florin Birta said the investment "means added value, it means better paid jobs for the people of Oradea and Bihor," emphasising the role of industrial parks in the economic development of the city and the solid ...
Vodafone Romania and Telekom Romania Mobile Communications merger, scheduled for June-end
Wednesday, June 3, 2026
The merger between Vodafone Romania and Telekom Romania Mobile Communications has been scheduled for the end of 30 June 2026, at which point Vodafone will take over Telekom's rights and obligations, according to a press release.Vodafone Romania acquired Telekom Romania Mobile Communications on 1 October 2025 and began the phased integration of Telekom's operations, systems and network, with the objective of ensuring continuity of services and the best ...