The residential market started 2024 on a strong note, with an 18% increase in residential transactions in Bucharest in the first quarter compared to the same period last year.
In a decade of activity on the local market, RE/MAX Romania has grown into a national network of 60 franchises and 700 real estate consultants.
The areas located in the northern parts of the city will continue to attract the most residential developments, with almost 40% of new housing supply located here.
Despite initial challenges, Romania's residential real estate market demonstrated resilience throughout 2023, setting the stage for a promising outlook in 2024.
S&P Global Ratings has reconfirmed Romania's sovereign debt rating at BBB-/A-3 for long-term and short-term debt on 3 April 2026, while maintaining the negative outlook.
As Easter approaches, Romanians are preparing their shopping lists for gifts, food and household items. While people may make impulse purchases during this period, they show more restraint compared to winter holidays or Black Friday sales, according to the Financial Seasons Barometer conducted by CFA Romania Association with support from UniCredit Bank.
The Romanian Government has officially approved an emergency ordinance aimed at providing relief for the energy market through a temporary reduction in diesel excise duties.
CITR, the judicial administrator of Șantierul Naval din Mangalia, announced that the creditors' assembly has rejected the proposed reorganisation plan for the company.
Auchan Romania is consolidating its transition to green energy, accelerating the integration of renewable sources in its operations.