The Romanian real estate market, particularly in the Bucharest-Ilfov region, is gearing up for a significant influx of new housing units. Developers anticipate delivering approximately 32,000 new apartments in Bucharest and another 20,500 in Ilfov County by the end of 2028, according to Imobiliare.ro.
Despite an aging vehicle fleet in the region, drivers are postponing car replacements, opting instead to fuel up with premium petrol, finds a recent study by MOL Group conducted across CEE.
The net assets of 247 open-ended and closed-ended investment funds in Romania, both local and foreign, saw a slight decrease of 0.9% in April.
Teknia, a Spanish multinational specializing in automotive components, has received a €30 million loan from the European Investment Bank (EIB).
Generative AI is poised to significantly alter the way we work within the next five years, impacting nearly a quarter of existing jobs.
Strabag Romania in collaboration with the Satu Mare Municipality Town Hall announced the official handover of the new cable-stayed Transilvania Bridge.