Romania: Romanian startup .lumen attracts new investment from EIT Urban (…)

December 12, 2025

Romanian startup .lumen attracts new investment from EIT Urban Mobility to scale AI glasses for the blind
Dec 12, 2025

Romanian startup .lumen attracts new investment from EIT Urban Mobility to scale AI glasses for the blind.

Romanian deep-tech startup .lumen, the developer of what it says are the world’s first AI-powered glasses for the blind, has secured a new investment from EIT Urban Mobility, the European innovation community focused on advancing sustainable and inclusive urban mobility solutions. The value of (…)

[Read the article in Romania-Insider]

SEE ALSO IN ROMANIAN NEWSPAPERS

Analysis: Romania, EU's Laggard By VAT And Corporate Tax Collection Romania ranks first among European Union member states regarding VAT and corporate tax collection, losing approximately one-third of potential revenue from each tax, per the latest analysis released by the European Commission.

Statistical Office: Net Investment In Romania Up 3.9% YoY To RON143B In January-September 2025 Net investment in Romania's economy increased by 3.9% to RON143 billion year-over-year in January-September 2025, the country's statistical office INS announced on Friday (December 12).

Vivre Exits Insolvency After Non-Final Judgement Bucharest Stock Exchange on Friday suspended the bonds of Vivre Deco from trading, after the company announced a non-final judgement about the closing of its insolvency procedure.

Statistical Data: 40,322 Housing Units Delivered In Romania YoY In January-September 2025, 4.7% Fewer YoY A total of 40,322 dwellings were put into use in Romania in the first nine months of 2025, fewer by 1,990 units (-4.7%) than a total of 42,312 units delivered in the same period of 2024, data from the country’s statistical office INS showed on Friday (December 12), citing provisional data.

Statistical Office: Romania Average Net Salary Up 4.3% YoY In October 2025 The average net salary in Romania stood at RON5,492 (EUR1,078) in October 2025, higher by 4.3% compared to October 2024, data from the country's statistical office INS showed on Friday (December 12, 2025).

Statistical Office: Romania's Annual Inflation Rate Steady At 9.8% In November 2025 Romania's annual inflation rate remained unchanged at 9.8% in November 2025 compared to October 2025 and slightly lower than the 9.9% peak reached in August and September 2025, data from the country's statistical office INS showed on Friday (December 12).

Report: Health spending per capita in Romania, lowest in the EU The health spending per capita in Romania was the lowest in the EU, with spending less than half the EU average in 2023, the recently released report, State of Health in the EU - Romania Country Health Profile 2025, shows. At the same time, life expectancy in Romania is 5.1 years below the EU (…)