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.
Electrica has signed a memorandum of understanding with steel maker Liberty Galați for the joint development of renewable energy production and storage capacities of up to 500MW.
Romania recorded the highest annual inflation rate in the European Union in January 2026, reaching 8.5%, according to data published today by Eurostat.
The Romanian government has approved an emergency ordinance establishing measures for economic revival.
The European Commission will launch the EastInvest Facility, a new financing platform designed to support EU regions bordering Russia, Belarus and Ukraine. The initiative aims to provide easier access to lending for Member States most affected by Russia's war against Ukraine.
In 2024, the value added from the European Union's agricultural industry accounted for 1.2% of GDP, a 0.1 percentage point (pp) increase compared to 2009.