The Romanian company ClusterPower inaugurated an investment of almost 40 million euro in Mischii, Dolj county, in a technological partk where five centres of data, a unit of electricity unit necessary for the consumption of the whole campus will be built. ClusterPower builds next to Craiova an infrastructure of Artificial Intelligence one-stop-shop, the biggest in Romania and in the region through which they will create the context for the stimulation of economic growth in the region, allowing hosting and developing digital solutions of latest generation, with high added value. Cosmin Georgescu, CEO ClusterPower spoke about the significant potential which Romania offers to this industry. ‘We have many very specialized industries which need instruments which we create in Mischii and I am talking about the supercomputer which we bring in Romania, a supercomputer similar to that used by Pfizer to create the anti covid vaccine. Such an instrument surely will be used in the pharma industry in Romania or in the domain of nuclear physics or in the energy sector’ states Cosmin Georgescu, CEO ClusterPower. ClusterPower was set up in 2019 by three Romanian entrepreneurs: Cosmin Georgescu, Vladimir Ester and Carmen Ursa Georgescu.
Grampet Group, active in railway transportation, through its newly established subsidiary Biturom, has opened the largest bitumen melting capacity in Romania, according to Economica.net. The new facility, designed to deliver liquid bitumen for road construction projects in Romania and the Republic of Moldova, was opened on the industrial platform Rafo Onesti. ...
Romania plans to issue Samurai bonds and contract loans from multilateral banks such as EBRD or EIB to finance other green projects, finance minister Alexandru Nazare said at the CES ESG Conference 2025 in Bucharest on September 18. The country has already issued almost RON 10.8 billion (EUR 2 billion) in green bonds, allocated to […]
Romania’s construction works volume index surged by 41% y/y in July, with the capital repairs segment soaring by 67% y/y and the other segments rising by 30%-40% y/y, according to data published by the statistics office INS. The seasonally and workday adjusted index rose by 20% m/m. In H1, the construction works index rose by […]
Foreign minister Oana Țoiu leads the Romanian delegation to the 80th session of the United Nations General Assembly (UNGA) in New York this month, where she is scheduled to deliver Romania’s national address before world leaders. Țoiu’s visit to the United States runs from September 18 to 29 and will include meetings in Washington, Chicago, […]
“Little London” Theoretical High School, a private educational institution in Romania that values the Romanian educational system, has started construction work for the expansion of its school campus located in Voluntari, on Erou Iancu Nicolae Street. This initiative will increase high school capacity by 30% starting from the 2025-2026 academic year. In this context, the […]
British heavy metal band Iron Maiden will perform at Bucharest’s National Arena on May 28, 2026, as part of their “Run For Your Lives” anniversary world tour, promoter Emagic announced on Thursday, September 18. The concert will feature a career-spanning setlist highlighting defining moments from the group’s five-decade history, accompanied by what organizers described as […]
