The Ministry of European Investments and Projects (MIPE) announces the signing of a new financing agreement with the European Investment Fund (EIF) for the launch of the Innovation Romania Programme, with a total funding of 106.7 million EUR.According to a press release of the relevant ministry sent on Thursday, the programme is supported by Smart Growth, Digitization and Financial Instruments Programme 2021-2027 (PoCIDIF), from European Structural and Investment Funds."This initiative emphasizes the crucial role that the Romanian State and the EIF have in supporting the investment and innovation ecosystem in Romania. The efforts started in 2012, with the first venture capital fund financed through the JEREMIE Initiative, have continued through the use of structural funds from the 2014-2020 period and subsequently through the National Recovery and Resilience Plan (PNRR). The new Innovation Romania Programme, conceived as a fund of funds, aims to create financial instruments adapted to the needs of the local market and which, until now, have been insufficiently developed. Thus, three types of equity funds will be launched: the Technology Transfer Fund - aimed at capitalizing on the results of research and innovation through partnerships with research and development organizations; the Business Angels Co-investment Fund - aimed at strengthening the community of private investors and facilitating their involvement in the development of Romanian entrepreneurship; Entrepreneurship Acceleration Fund - dedicated to supporting start-ups and stimulating their growth," notes the MIPE."By signing this agreement, we reconfirm Romania's commitment to support innovation, entrepreneurship and sustainable economic development. The Innovation Romania programme is an important opportunity to boost the creation of new technologies and to support small and medium-sized enterprises, which are the engine of our economy. Together with the European Investment Fund, we aim to develop a strong investment ecosystem that will attract both local and international capital," the Minister of European Investments and Projects, Adrian Caciu, was quoted as saying in the above-mentioned press release.The programme will encourage investments in SMEs and midcaps with a focus on innovation and competitiveness. Selected projects will have to meet specific eligibility criteria, aligned with the specific objective of the European Regional Development Fund (ERDF) : "Enhancing sustainable growth and competitiveness of SMEs and job creation in SMEs, including by productive investments".
Vaunt, a Romanian real estate technology platform, is expanding into the United States after surpassing 80 clients and a transaction portfolio of nearly EUR 860 million. The expansion targets New York and Miami specifically. “Vaunt is a platform that helps real estate developers manage the sales process from the moment they receive the building permit until […]
IVF clinic Embryos, majority-owned by investment firm Integral Capital Group, has acquired the Oradea-based Calla Infertility Diagnostic and Treatment Center. The move is part of the development strategy of the network Embryos, which started in 2025 with the opening of a clinic in Buzău and the acquisition of Adella Clinic in Sofia, Bulgaria. The turnover […]
Romania has 56 companies included in the 17th edition of the Coface CEE Top 500 ranking, which shows how the largest companies in the region are navigating the current business landscape. The country climbed two positions from last year but remains underrepresented. The companies are ranked by turnover, analyzing additional indicators such as workforce size, business […]
Romania's Instant Factoring announced its participation in a cross-border securitization transaction valued at up to EUR 30 million. The move, the company said, "opens a new stage of growth for both Romanian fintech and the alternative financing market in Romania and Spain." The transaction involved the establishment of a securitization fund - Instant Factoring 2025-I, […]
Meta Estate Trust, a holding company active in the real estate sector and listed on the Bucharest Stock Exchange (BVB) under the symbol MET, announced that it signed the mandate agreement with its new Chief Executive Officer (CEO), Dan Petrișor. The appointment decision was made by the Board of Directors on October 31, and the […]
Former star coach Emerich Jenei, one for Romania's best, passed away on November 5, 2025, at the age of 88. He achieved the greatest performance of Romanian football: winning the European Champions Cup with Steaua București on May 7, 1986, in Seville, in the famous final against F.C. Barcelona. Emeric Alexandru Ienei (Imre Sándor Jenei) […]
