Category: Uncategorized

Romanian technology executives Bogdan Putinică and Alex Balint have launched Outcome1.AI, a startup developing AI-powered “Digital Employees” for small and medium-sized enterprises. Initially operating in Romania, the company plans to expand into Greece, Spain, and Poland. Outcome1.AI’s platform allows SMEs to use Digital Employees for clearly defined business roles through a monthly subscription. Each AI…

Romania’s largest campus, operated by the Politehnica University in Bucharest, went through an extensive modernization process aimed at improving the quality of accommodation conditions, reducing energy consumption and developing more sustainable university infrastructure, according to a press release published on Monday, August 24. The modernization, which started in July 2024 and is now complete, was…

The Literary Map (Harta Literarǎ) platform will launch in Iași, eastern Romania, on September 4 with a public discussion about how literature can change perceptions of the city. The program will continue on September 5 with a literary walking tour led by Iași-based writer and screenwriter Florin Lăzărescu. The launch event will begin at 7…

Patria Bank (BVB: PBK), a major Romanian bank listed on the Regulated Market of the Bucharest Stock Exchange, ended the first half of 2026 with a total performing loan portfolio of nearly RON 3 billion, up approximately 12% compared to June 30, 2025.  According to the bank, the evolution was supported by the acceleration of…

UniCredit Group said it is relocating more than 1,300 employees in Iași to a new office covering over 7,000 square meters in the Palas mixed-use complex. The move will consolidate teams from UniCredit Bank Romania and UniCredit SpA Milano Bucharest Branch in the United Business Center 5 building. The employees work in operations, support services,…

Romanian president Nicușor Dan’s life partner, Mirabela Grădinaru, took part in the sixth Summit of First Ladies and First Gentlemen held in Kyiv, at the invitation of Ukraine’s First Lady, Olena Zelenska. According to a post on the Facebook page “România în Lumină,” this year’s event focused on the resilience of societies in times of…

Romanian energy group Electrica signed on Monday, August 24, a contract to develop a new high-efficiency cogeneration plant in Craiova, designed to supply both the city’s district heating system and the national electricity grid. The natural gas-fired facility will be hydrogen-ready and capable of restarting independently during a power outage. The plant will have an…

The first Romanian companies have been admitted in principle for financing under the SME Eco-Tech programme, with successful applicants now receiving notifications and being required to contact their selected credit institution within five days, according to interim minister of economy Irineu Darău, cited by Mediafax. The first stage of the programme, which involved selecting companies…

The Petrotel refinery owned by the Russian group Lukoil under US sanctions, under extended supervision by the Romanian state since February 2026, will enter insolvency, according to the decision confirmed on Monday, August 24, in a response to Mediafax. The Petrotel refinery’s activity was stopped in October last year for scheduled technical overhaul works, but…

President Nicusor Dan will resume efforts to unblock the talks among centrist parties for the wage Law on August 25, according to sources consulted by Economedia.ro, while G4media.ro cited minister of investments and European projects (MIPE) Dragos Pislaru expressing hopes for a last-minute agreement on the law that needs to be legislated by the end…