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.
In the Exploration and Production segment, the operating result excluding special items was RON 3 billion, down by 29%.
According to the current shareholder structure, MedLife holds the majority stake - 60% - and Mihai Pavel, the group's founder, holds 40%.
The lift in M&A activity in 2024 was most pronounced in H2, with 415 deals announced – the highest H2 volume since 2012 and a 58% year-on-year increase from 263 deals in H2 2023.
In 2024, bank volunteers participated in multiple planting sessions in both spring and autumn, contributing to the reforestation of affected areas in Ilfov, Iași, Cluj, and Buzau.
In 2025, a lot of construction is taking place, the state is rehabilitating buildings and public lighting, and private companies are looking for low-consumption lighting systems.