Anna Kowalski 
ICEYE has launched a new Satellite Technology Center in Warsaw, marking a major expansion of its Polish operations with a planned investment of more than 120 million PLN over the next three years to boost R&D and manufacturing.
Tip Top Food Industry SRL, operator of the Tip Top pastry chain, was fined €5,000 by the National Authority for the Supervision of Personal Data Processing (ANSPDCP) for processing biometric fingerprint data of its employees for attendance tracking without a legal basis, violating GDPR articles 5 and 9. The authority also ordered the company to replace the biometric system with a non‑intrusive alternative.
PayPo is considering an IPO on the Warsaw Stock Exchange and may be valued at over 2 billion PLN.
Shelly Group, a Sofia‑based provider of IoT and smart‑building solutions, is being acquired by French energy‑management giant Schneider Electric for about €1.2 billion. The deal, priced at €70 per share, aims to combine Shelly’s hardware‑software platform with Schneider’s global reach while preserving Shelly’s entrepreneurial culture.
Hungarian startup DiffuseDrive, which creates synthetic training data for physical AI systems, announced a $3.5 million seed round in 2025. The funding will help the company scale its generative AI technology for robotics and other physical AI applications across sectors such as defence, aerospace, mining and autonomous vehicles.
MCI Capital has taken a controlling share in Poland’s aesthetic medicine chain Klinika Miracki, with the original founders staying on board to help grow the business.
The platform Mommy HAI, which connects about 30,000 parents, held a two‑day fair in Bucharest to showcase a wide variety of extracurricular activities for children, including science, robotics, arts and sports, bringing together dozens of organisations and offering hands‑on experiences.
The Competition Council approved Dr.Max’s purchase of 18 pharmacies from Marcos Provit (operating under the Evofarm brand) across several Romanian counties. The acquisition expands Dr.Max’s retail pharmacy footprint and was deemed not to significantly hinder competition.
Legimi is building a wider international distribution channel for its publishing partners, signing cooperation agreements with Kobo, ElevenLabs and Spotify to make its books available globally.
Bulgarian spacetech startup EnduroSat raised $205 million (€178 million) in a round co‑led by Riot Ventures and Atreides Management, bringing its valuation above $1 billion and granting it unicorn status, with a broad syndicate of investors supporting its satellite fleet expansion.