Romania inks memorandum with Google on digital infrastructure

Business Forum
Romania's Government has signed in mid-July a memorandum of understanding with US tech giant Google as the country is looking to boost its cloud infrastructure for public services. 

The Government said the collaboration aims to use advanced technologies such as Artificial Intelligence, improve operational efficiency, improve citizen experience and security. 

“Google's expertise and contribution are key to implementing highly effective and secure public services for Romanians,” said Romanian PM Marcel Ciolacu. 

At the same time, Thomas Kurian, Google Cloud's CEO, pointed out that he discussed with Romanian officials about the acceleration of digital transformation for public services in Romania and the opportunities to implement AI. 

"Google Cloud is dedicated to helping increase the adoption of cloud technologies and facilitating innovative digital public services, in line with Romania's digital transformation goals and the targets of Europe's Digital Decade for 2030," added the CEO. 

Romania has designed the creation of a government cloud for public services as a project of strategic importance. The first step of this project should be completed by Q2 2025 with funding from the National Plan for Recovery and Resilience (PNRR), according to the Romanian Digitalization Authority (ADR). 

RECOMMENDED
Romania cuts budget deficit in half in first two months of 2026
Finance

Romania cuts budget deficit in half in first two months of 2026

Romania's consolidated general budget recorded a deficit of RON 14.23 billion (€2.86 billion) - 0.70% of GDP, in the first two months of 2026, half the RON 30.24 billion deficit (€2.86 billion) - 1.58% of GDP from the same period in 2025.

Romania cuts cash budget deficit to 7.65% in 2025
Finance

Romania cuts cash budget deficit to 7.65% in 2025

Romania's Ministry of Finance announced that the consolidated general budget execution for 2025 ended with a cash deficit of RON 146.03 billion (€28.65 billion), representing 7.65% of GDP, down one percentage point from the 8.67% deficit recorded in 2024.

Simtel completes Romanias largest solar park on degraded land
Energy

Simtel completes Romania's largest solar park on degraded land

Romanian engineering group Simtel Team has commissioned its photovoltaic park in Giurgiu, Romania's largest solar park built on degraded land. The facility has an installed capacity of 52 MWp and an estimated annual production of approximately 73 GWh.

RECOMMENDED FROM THE HOME PAGE
Romanias GDP drops 1.7% in Q1 2026
Economy

Romania's GDP drops 1.7% in Q1 2026

Romania's GDP fell by 0.2% in Q1 2026 compared to the previous quarter, according to data released by the National Institute of Statistics (INS).

Industry

EIB to advise Antibiotice on governance upgrade

The European Investment Bank (EIB) will advise Antibiotice, Romania's largest pharmaceutical company with majority Romanian capital, on strengthening its corporate governance to support future growth. Under a new advisory services agreement, the EIB will work with Antibiotice to align its risk-management framework and business operations with international best practice in the pharmaceutical sector.

Real estate

Penny Romania surpasses €2 billion revenue in 2025

Penny Romania ended 2025 with revenue of RON 10.6 billion lei (€2.1 billion), marking a 12.01% increase compared to the previous year. The discount retailer opened 40 new stores, reaching 456 units nationwide, and completed its fifth logistics centre in Mihăilești, Giurgiu County.

READ MORE
Business Forum  |  13 May, 2026 at 7:45 PM
Business Forum  |  13 May, 2026 at 7:00 PM