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Government launches a one-billion-euro program for advanced technologies

2026-08-20

Government launches a one-billion-euro program for advanced technologies

The Romanian Government has included a major investment project worth over one billion euros on the agenda of today's meeting. This initiative aims to support the development of advanced technologies and the digitalization of the national economy, representing one of the largest financial allocations in recent times for this sector.

The funds come from European and national sources and are intended for companies that wish to implement modern digital solutions. The main objective of the program is to increase the competitiveness of Romanian firms on the international market through the adoption of artificial intelligence, automation, and secure data infrastructure.

Authorities specify that this program will provide direct financial support for research and development projects. Eligible companies will be able to access grants to modernize their equipment and train employees in the use of new technologies, thereby facilitating the transition to a knowledge-based economy.

The relevant minister emphasized that the investment is essential to reduce the technological gap compared to other European states. Through this effort, Romania aims to become a regional hub for innovation, offering a more attractive environment for both foreign investors and local IT specialists.

In the coming period, funding guidelines will be published, detailing the participation conditions for entrepreneurs. The implementation of this program is expected to generate new skilled jobs and accelerate the process of digitalizing public and private services across the entire country.

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