Tag: Cluj (14 articles)

Real estate   |   20 February, 2026 at 1:08 PM

Bucharest's unoccupied homes stock more than doubles in decade

The number of unoccupied homes in Bucharest has grown 2.4 times over 10 years to over 218,000 units, according to a Storia analysis of Romania's 2011 and 2021 census data. Nationwide, over 2.5 million homes remain unoccupied, representing a quarter of Romania's total housing stock.

Real estate   |   26 January, 2026 at 8:42 AM

Romanian mortgage market grows 6.4% with regional shifts

Over 92,100 mortgages were tabulated in Romania in 2025, up 6.4% compared to the previous year, with Bucharest, Ilfov, Timiș and Cluj being the areas where the largest numbers of mortgage loans were granted, according to a market analysis by online broker Ipotecare.ro.

Real estate   |   27 November, 2025 at 9:31 AM

Bucharest housing prices surge 60% in past six years

Housing prices in Romania's major cities have increased by 60-90% over the past six years, making apartments increasingly unaffordable in central areas, according to a report by Colliers Romania. Bucharest saw a 60% rise, while Cluj leads with a 100% surge and Timișoara recorded 90% growth.

Real estate   |   5 November, 2025 at 1:25 PM

Romanian logistics leasing surges 30% in first nine months

Companies leased approximately 750,000 sqm of logistics and industrial space in the first nine months of 2025, representing a 30% increase compared to the same period last year, according to a report published by Cushman & Wakefield Echinox. If the current pace continues, the annual transacted area could reach one million sqm again, matching the five-year average.

Real estate   |   3 November, 2025 at 11:11 AM

Olympian Parks appoints Ana Dumitrache as new CEO

Olympian Parks, owned by Helios Phoenix, has appointed Ana Dumitrache as CEO starting 1st November. The light industrial and logistics platform aims to strengthen its market position and grow towards 500,000 sqm in the medium term by leveraging its existing portfolio and land bank.

Real estate   |   9 October, 2025 at 11:14 AM

Romanian home sales stagnate as Bucharest market declines

Over 119,500 residential units were sold in Romania in the first nine months of 2025, a similar level with that recorded in the same period of 2024 (down only 0.3%), according to a market analysis by SVN Romania and based on official statistics of the National Agency for Cadastre and Land Registration.

Real estate   |   1 October, 2025 at 10:03 AM

Romania's industrial stock nears 8 million sqm milestone

Romania's industrial and logistics stock is approaching 8 million sqm, with over 60% located within one hour's drive of Bucharest. Moldova and Oltenia remain the least developed regions but show potential for growth once infrastructure improves, according to a Cushman & Wakefield Echinox report.

Economy   |   21 January, 2025 at 9:57 AM

SAP Romania exceeds 1000 employees

Currently, the central office in Bucharest is home to 654 employees, the Timisoara office has 270 specialists and the Cluj-Napoca office has 124.

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PPC Group sees 25% profit hike in 2025

Energy group PPC achieved its 2025 targets with adjusted EBITDA reaching €2 billion and adjusted net profit of €450 million, up 25% year-on-year.