Real estate | 21 February, 2025 at 10:55 AM
North Bucharest Investments accelerate growth in 2024
With nearly 1,300 real estate transactions in 2024, the company tripled its sales volume compared to 2023.
With nearly 1,300 real estate transactions in 2024, the company tripled its sales volume compared to 2023.
In Pipera, an area of significant interest for villa buyers, the price of land has risen from €400/sqm in 2022 to €1,000/sqm in 2024.
The value of realized transactions reached approximately €63 million, an increase of 35% on the total amount for the same period in 2023.
In the northern part of Bucharest, 70% of customers are looking for 3 and 4-bedroom apartments or houses with one floor in the Pipera and Tunari areas.
According to the data provided by the National Agency for Cadastre and Real Estate Advertising (ANCPI), 3,376 real estate units were sold in May 2024.
Electro-Alfa International, a Romanian electrical equipment manufacturer, began trading on the Bucharest Stock Exchange (BVB) on March 3.
Two of Romania's telecommunications providers, Orange and Vodafone, have announced separate plans to test Direct-to-Device (D2D) satellite connectivity.
The Middle East conflict is driving up energy prices and pushing inflation higher across CEE. Oil and gas shocks hit import-dependent economies hardest, forcing central banks to postpone planned rate cuts as markets turn risk-off, according to an analysis by ING Bank.
New car registrations in Romania fell 24.4% in February 2026 compared to the same month last year, according to preliminary official data processed by the Association of Car Producers and Importers (APIA).
Falcon Defence, part of Falcon Group, has announced its entry into the Romanian market with the launch of an integrated production platform for energetic materials and artillery ammunition.