Number of residential properties sold in Bucharest inQ1 2024, up 18%
In the rest of the country, however, demand in the residential market has seen an even higher increase of 19%.
In the rest of the country, however, demand in the residential market has seen an even higher increase of 19%.
Environmental, social, and governance (ESG) principles are no longer just a trend or a buzzword, but rather becoming the norm in the Romanian real estate market.
The management and maintenance costs of the office buildings in Colliers Romania's Asset Services portfolio increased by 9% last year compared to 2022.
The number of Romanian tourists staying in the country's hotels reached almost 7 million in 2023.
2023 ended with solid activity levels for industrial and logistics, with some 770,000 square meters of leasing deals closed.
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
The German family-owned STIHL Group has officially inaugurated its first production site dedicated exclusively to battery technology in Oradea, Romania, representing a strategic investment of €125 million.
Cris-Tim Family Holding, a leader in the Romanian cold cuts and ready-meals markets, has announced its initial public offering (IPO), with a goal of listing on the BVB.
Agroland Group, specialized in retail, agribusiness, food production, and animal nutrition, has secured nearly €1 million in grants through the Modernization Fund to develop four photovoltaic power plants with a total installed capacity of 1.62 MW.
SolarToday Eastern Europe, a provider of energy storage solutions, has successfully commissioned a 10.32 MWh utility-scale battery energy storage system (BESS).
Froneri, one of the world's largest ice cream companies, has agreed to acquire the European ice cream business of Food Union, including the Romanian brand Alpin.