According to data provided by the National Agency for Cadastre and Real Estate Publicity (ANCPI), 3,862 real estate units were sold in Bucharest in June.
Over 80% of the market value is represented by the residential segment. Last year, the European market has reached €1.1 billion last year.
13% of Romanians aged between 18 and 55 in urban areas are renters and around 18% share a home they do not own with parents
Romania faces an economic maturity test, with the key question being whether it can transform current vulnerabilities into reforms and progress.
State-owned lender CEC Bank has obtained a €25 million loan from the European Investment Bank (EIB) to finance public sector projects that contribute to sustainable economic development, particularly in regions most affected by climate transition.
TotalEnergies Marketing Romania has announced the appointment of Franck Bagouet as Managing Director of TotalEnergies Marketing Romania and Managing Director Automotive Southeast Europe Hub TotalEnergies Marketing.
Socar Petroleum has opened its first petrol station in Baia Mare, bringing its total network to 88 stations across 30 counties in Romania.
DN Agrar Group, one of Romania's leading integrated agrifood companies and Europe's largest dairy milk producer, has started operations at its second automated manure composting facility at the Lacto Agrar farm.