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.
Rețele Electrice România, the electricity distribution operator and part of the PPC group in Romania, invested approximately RON 1.4 billion (€280 million) in 2025 in modernisation and digitalisation projects across its distribution networks.
The Romanian Government has officially approved an emergency ordinance aimed at providing relief for the energy market through a temporary reduction in diesel excise duties.
Purcari Wineries has announced that its Romanian subsidiary Crama Ceptura has signed an agreement to acquire 100% of the share capital of CaraprodVin, a wine producer located in Vârstecoiu Commune, Vrancea County.
Vastint Romania has partnered with Digi Group for the sixth edition of its blood donation campaign, taking place for the first time at Timpuri Noi Square on 6 April 2026.
Romania's M&A market recorded its best quarter in two years, with a cumulative value of €2.9 billion, three times higher than the first three months of last year.