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Funded through the National Recovery and Resilience Plan (PNRR), the project was carried out over 32 months. As part of the project, the Ministry of Justice developed the OPTIMUS platform, which manages the entire process, from capturing and recording sound to processing and transcribing it, identifying speakers, and storing information. Through the implemented solution, audio…

By 2028, the pipeline is expected to add more than 1,500 rooms to the existing hotel stock, representing a significant increase in supply across all segments, from midscale to luxury properties, equivalent to approximately 13.0% of the existing hotel stock, according to retail estate consultancy Cushman & Wakefield Echinox. Among the projects announced for delivery…

Romania has been without a full government since early May, when the Social Democratic Party (PSD) left the centrist government coalition and voted against the Liberal-led Bolojan government together with the far-right Alliance for the Union of Romanians party. Previously, Dan said that there could be no further delay, while Ilie Bolojan issued an ultimatum…

Specifically, Electrica’s Long-Term Issuer Default Rating (IDR) and senior unsecured debt rating were affirmed at ‘BBB-’, with a Stable Outlook. The rating affirmation reflects Electrica’s electricity distribution operations, which generate most of its EBITDA, within a stable regulatory framework, although less mature than that in Western European countries, Fitch says in a report analyzed by…

Verita International School, a private educational institution following the British education system, has inaugurated its Verita Amber Campus in the residential project Amber Forest, following an investment of nearly EUR 10 million in the first phase. The campus was designed and purpose-built by Alesonor for Verita International School and is described as “Romania’s first school…

Impacted by political instability and an ailing current account balance, the country nevertheless “appears to be emerging from recession,” although short-term dynamics remain weak, according to a report signed by BCR economists Ciprian Dascălu and Vlad Ioniță, cited by Profit.ro. “We estimate that economic activity will remain modest throughout the second half of 2026, followed…

The piano tour Classic Unlimited returns this autumn with a new musical journey across Romania as pianist Bogdan Vaida will deliver 13 concerts across nine counties, in venues including castles, churches, museums, cultural centers, a synagogue, an artists’ colony, and a space dedicated to motorcycles. The project began in 2017 in Iași, to take classical…

In a Facebook post, the mayor said that City Hall worked alongside the Romanian Football Federation on the bid dossier, taking on responsibility for arranging the areas of interest for supporters, which will be established jointly with the Romanian Football Federation. In addition, Bucharest City Hall will provide a mobility and urban management plan, especially…

Defending the bill, PSD senator Daniel Zamfir said school should not be about fashion or the bullying of those who cannot afford an outfit. By comparison, uniforms represent pride and belonging, and are not constraints. “School should be about what the student can do, about their value at school, not about the parents’ financial means,”…

Romanian-founded AI startup Veridion has raised USD 20 million in a Series A funding round led by Hoxton Ventures. The company will use the investment to accelerate its international expansion and recruit across its Romanian operations. Existing investors Underline Ventures, OTB Ventures, Gapminder, Day One Capital, and Launchub also participated in the funding round. Founded…