Romania's digital economy can grow fourfold to reach 50 billion euro by 2030, Secretary of State with the Ministry of Research, Innovation, and Digitalisation Bogdan Dumea told the opening of GoTech World 2024 on last Tuesday."The calculations we have show that Romania's digital economy, including commerce and funding, could grow four times in the coming years. By 2030, we estimate that we could reach a market of 50 billion euro, which encourages us and shows that we need to invest heavily in everything related to digital skills, in adapting to the market, in the development of SMEs in this area, and ultimately, in the development of the state, digital skills, and public servants, so that they can offer the services we all desire. According to IMF studies, 40% of the tasks we have in the workforce today can be automated. At the same time, Google tells us that 70% of administrative tasks in government can be automated. This means that we have enormous potential to improve, but also to change the paradigm, change the labour market, and the way jobs look today," the official mentioned.According to Dumea, in terms of the number of specialists, Romania ranks first in Europe and sixth in the world per 1,000 inhabitants."We are in this significant period of Artificial Intelligence, and this is the topic we are discussing at all the events we attend right now, whether it's about research, innovation, science, or anything related to entrepreneurship. Everything starts with AI (...) The good thing is that Romania and Romanian companies have this opportunity to be at the forefront of this progress and to manifest, to enjoy all the opportunities that AI technology offers us. We need to capitalise on it and do our best to harness this immense potential of technology. Romania, if you didn't know, ranks first in Europe when it comes to the number of IT specialists per 1,000 inhabitants. We even surpass the United States in this regard and are sixth in the world. So, we have everything we need to develop significantly right now," said Dumea.This year's edition of the B2B GoTech World expo-conference is taking place at Romexpo, November 12-13, gathering over 120 industry experts and around 100 exhibiting companies. The organisers estimate that around 15,000 people will be attending, including approximately 7,000 from the C-level category.
“Garden of Memories,” a civic initiative meant to commemorate the 1989 Revolution that led to the fall of communism in Romania, is set to take place between December 19-20 around the Memorial of Rebirth, in Bucharest’s Revolution Square. Organized by the Streets for People Association, together with the Bucharest City Hall and the Museum of […]
Runware, a startup founded by two Romanian entrepreneurs, announced last week that it has secured a USD 50 million Series A funding round led by Dawn Capital, one of the largest European investors in B2B software companies. The round also included Comcast Ventures, Speedinvest, Insight Partners, and a16z Speedrun. The company founded by Flaviu Rădulescu and […]
The body of Romanian former justice minister Rodica Stănoiu was exhumed on Monday, December 15, after prosecutors opened an in rem case regarding her suspicious death, Digi24 reported. Investigators are looking into the possibility that the former minister may have been killed through negligence. ...
Authorities in Romania have begun imposing fines for owners of bicycles and electric scooters who do not take out mandatory motor third-party liability insurance (RCA). The new rules have been applicable since November 13, but the Romanian Parliament granted a 30-day grace period until the application of sanctions, according to...
Art Safari will relocate to Amzei Square in central Bucharest in 2026, where it will operate under a new format titled Art Safari New Museum, following more than a decade of pop-up exhibitions hosted in historic buildings across the capital. After 12 years, 17 editions, and more than 1 million visitors, the exhibition platform will […]
In Romania, Christmas is more than holiday markets, decorated trees, and wrapped gifts. It's a season filled with old customs, lively rituals, and dishes that bring families together. One of the most popular Christmas traditions is caroling. Although traditions vary depending on the area, the ritual of going from house to house and singing carols […]
