FUNDING
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CEC Bank Grants EUR4M Funding to Pet Star Holding
Pet Star Holding, a major producer of PET preforms in Romania and the Balkans, has contracted EUR4 million funding from CEC Bank set to support its business.
Antibiotice Iasi Shareholders OK EUR25M Funding from EIB
The extraordinary general meeting of shareholders convened by drug maker Antibiotice Iasi on October 30 approved the signing of a financing contract worth EUR25 million euro, i.e. RON23 mill...
Romanian Tech Startup Druid AI Secures $30M Funding
Druid AI, a startup developing AI-powered intelligent virtual assistants for companies, established by a team led by entrepreneur Liviu Dragan in 2018, has secured new funding – a series B r...
Electrica Gets New EUR6.25M EU Funding Via Modernization Fund
Electricity distributor and supplier Electrica (EL.RO), a major actor on its markets, has notified investors that its Distributie Energie Electrica Romania (DEER) subsidiary attracted new no...
Football Club Dinamo Lists on Seedblink to Raise Funding
Football club Dinamo has listed on Seedblink platform in a bid to raise funding, giving any Romanian the chance to be an investor.
Antibiotice Iasi Gets RON4.1M Funding For Photovoltaic Park
Antibiotice Iasi (ATB.RO), Romania’s largest producer of generic drugs, on Wednesday notified the Bucharest Stock Exchange of having received RON4.08 million from the Ministry of European In...
Distributie Energie Electrica Romania Gets Funding For Two Projects Via Modernization Fund
Two contracts have been signed for the modernization of electricity distribution networks and the beneficiary is Distributie Energie Electrica Romania, according to Energy Minister Virgil Po...
OMV Petrom Gets EUR39M NRRP Funding For Green Hydrogen Production Facility At Petrobrazi
OMV Petrom (SNP.RO), the largest company in Romania and the main integrated energy company in SE Europe has signed a funding contract via the National Recovery and Resilience Plan (NRRP) to...
Tech Startup Pluria Raises $2M Funding Led by Eleven Ventures
Tech startup Pluria, launched in September 2020 in Romania and Spain by entrepreneur Andrei Cretu, cofounder of 7card network, now present in ten countries of two continents, announced a $2...