Category: Uncategorized
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Bucharest included in ranking of cities with highest potential for AI data center development
Romania’s capital ranks 21st in the Savills Power and Place Index, the global ranking that assesses cities with the strongest potential for future data center development based on criteria such as energy availability, telecommunications infrastructure, access to resources and project delivery capability. According to Savills’s report, the next wave of investment in digital infrastructure will…
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“Seaside for Everyone” program aims to attract tourists to Romanian seaside in September
The 49th edition of “Seaside for Everyone,” a well-known program that aims to attract tourists to the Romanian seaside through massive price cuts in accommodation, was announced on Tuesday, August 25, by the Federation of Associations of Romanian Tourism Employers (FPTR). Initiated and coordinated by FPTR and supported through the participation of economic operators on…
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Romanian MP Claudiu Năsui accepts nomination as Moldova’s economy minister
Romanian lawmaker Claudiu Năsui accepted prime minister Vasile Tofan’s invitation to join the Moldovan government as minister of economic development and digitalization. The Save Romania Union (USR) deputy said the move would require him to resign from Romania’s Parliament. “I have accepted the position of economy minister in the government of the Republic of Moldova,”…
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Romanian Cristian Mungiu’s Cannes winner Fjord draws over 150,000 viewers after French release
Fjord, the latest film from Romanian director Cristian Mungiu, attracted more than 150,000 viewers shortly after opening in France on August 19. France is the first of more than 100 territories where the Palme d’Or-winning film is due to receive a theatrical release. The film ranked first in box-office receipts during both its previews and…
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Romanian tech executives launch Outcome1.AI to develop ‘Digital Employees’ for European SMEs
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…
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Bucharest Politehnica University completes modernization of largest campus in Romania
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…
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Literary Map launches in Iași next week
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…
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Romania’s Patria Bank accelerates lending in Q2 2026, loan portfolio nears RON 3 billion
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…
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UniCredit relocates Iași operations hub to 7,000 sqm office in Palas complex
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,…
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Romanian First Lady takes part in sixth Summit of First Ladies and First Gentlemen in Kyiv
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…