The West Regional Development Agency (ADR Vest) has invested this year more than 100 million EUR in the West Region, which represents an absorption rate of almost 9% of the 1.16 billion EUR budget of the West Regional Program.The percentage is double the average of the regional programs (4.37%) and exceeds the national average of 5.49%."The results obtained in 2024 demonstrate our commitment to making the most of the opportunities offered by European funds. With the projects for which we have signed financing contracts, some of which have already started, we have created a solid foundation for the future. In 2025, we aim to accelerate regional development with an increased focus on innovation and digitalization. We will launch new initiatives, including business accelerators, that will support entrepreneurs and companies in the West Region to innovate, digitize and compete globally. It is a strategic direction through which we aim not only to attract funds, but also to create a more resilient economy and more connected to the challenges of the future," said the Director General of West Regional Development Agency, Sorin Maxim, in a press release sent on Monday.So far, 63 calls have been launched under the West Regional Operational Program, worth almost 860 million EUR, with 200 financing contracts signed this year alone, and a total value of half a billion EUR. Other projects worth more than 200 million EUR are in the evaluation phase.By the end of 2024, the West Regional Development Agency will launch two more calls for the modernization and equipment of schools, high schools and kindergartens.More than 90 million EUR, European money, will be invested in pre-university education in the region, and another 21 million EUR will go to university projects.In 2025, calls worth a total of 300 million EUR are scheduled to be launched, with the bulk of the money going into research, development, innovation and skills (123 million EUR).According to the mentioned release, for West Regional Development Agency, 2025 will be the year of digitalization. The following year is scheduled for the launch of the financial instrument for business acceleration and Venture Capital. In addition, a solid basis for the future Regional Innovation Agency has been created by signing a memorandum of understanding with Luxinnovation, the Luxembourg National Innovation Agency, which will ensure the knowledge transfer necessary for its creation and consolidation.
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) […]
