An exhibition showcasing various depictions of the traditional Romanian blouse ia, including Henri Matisse’s iconic La Blouse Roumaine, is opening this weekend in Bucharest, while Cluj is entering festive mode with...
Google has released the results of a study on the impact of generative artificial intelligence in Romania, carried out by Implement Consulting Group. If Romania widely adopts generative artificial intelligence, the GDP could increase by 14-16 billion euros in the next ten years (meaning by 5%), according to the study “The economic opportunity of AI”, commissioned by Google. The research covers the region of Central Europe and of Eastern Europe (CEE) and analyzes in detail four countries, including Romania. The study also shows that 42% of jobs in Romania are likely to remain unaffected by generative AI, while 54% of jobs are expected to work together with generative AI and see a boost in productivity. Only 4% of jobs are estimated to be highly exposed to generative AI, leading to some job closures. However, the productivity boost from generative AI is expected to create new jobs replacing those lost to automation. According to Google report, CEE performs relatively well in early AI adoption drivers that ensure a safe and reliable AI-ready environment. However, the region falls behind EU average and global leaders in all adoption drivers. Romania has the lowest AI adoption in CEE, indicating they could be less AI-ready than the CEE average.
An exhibition showcasing various depictions of the traditional Romanian blouse ia, including Henri Matisse’s iconic La Blouse Roumaine, is opening this weekend in Bucharest, while Cluj is entering festive mode with...
Mercenary Horațiu Potra, who faces charges of attempting to undermine constitutional order in Romania, is being flown back to Bucharest under police escort after authorities in the United Arab Emirates approved his extradition,
Simtel (BVB: SMTL), a Romanian engineering and technology company listed on the main market of the Bucharest Stock Exchange (BVB), announced that it inaugurated a 52 MWp photovoltaic park in Giurgiu, the largest solar facility in Romania built through ecological reconversion on degraded industrial land. The project transforms a former industrial ash pit into a […]
North Bucharest Investments announces outstanding results following the addition of Horizon City to its portfolio, one of the largest and most modern residential developments currently in the presales phase. In just three weeks, NBI recorded a 40% increase in reservations, highlighting the strong market interest in this strategically positioned project in the northern part of […]
Untold Universe is set to open its Planeta Crǎciun/Planet Christmas holiday market in Cluj-Napoca on Friday, November 21, turning Piața Unirii into a winter attraction filled with lights, music, and various activities. The 41-day event, organized in partnership with the city hall, marks the start of the city’s festive season and includes hundreds of thousands […]
President Nicușor Dan has signed a decree awarding Major General Matthew J. Van Wagenen one of Romania’s highest military honors, the “Military Virtue” Order, Knight rank, the Presidency announced on Wednesday, November 19. The decoration recognizes the US General’s career in senior command and staff positions...