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
IT Genetics debuts on BVBs AeRO market
Finance

IT Genetics debuts on BVB's AeRO market

IT Genetics, a Romanian provider of integrated professional IT solutions, began trading today on the AeRO market of the BVB under the ticker symbol ITG.

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
Industry

Russian drone crashes into Galați residential area

A Russian Geran-2 combat drone breached Romanian airspace and crashed into a residential apartment block in the eastern city of Galați early on 29 May, intensifying security concerns along NATO's eastern flank.

Finance

Intesa Sanpaolo Bank Romania CEO resigns

The Board of Directors of Intesa Sanpaolo Bank Romania has acknowledged the resignation of Alessio Cioni from his roles as General Manager and Chairperson of the Management Committee (CEO).

Industry

Electro-Alfa International posts 12% revenue growth in Q1 2026

Electro-Alfa International, a Romanian manufacturer of electrical equipment and provider of EPC and IT services, reported revenue growth and profitability for Q1 2026. The company's total revenues reached €25.7 million, up 12.2% compared to Q1 2025. Net profit increased by 2.9% to €6.2 million, supported by a 2% increase in EBITDA, which reached €10.6 million.

READ MORE
Business Forum  |  29 May, 2026 at 6:02 PM
Business Forum  |  29 May, 2026 at 1:00 PM