Tag: Romania (789 articles)

Real estate   |   20 February, 2025 at 2:56 PM

Hotel investments in Romania up 56% in 2024

Investment in the hotel sector is experiencing a significant upswing, with Romania witnessing a 56% increase in 2024 versus 2023, reaching €69.3 million. This trend aligns with a broader European surge, where hotel investments reached €20.5 billion, marking a 70% rise and establishing hotels as the leading asset class.

Real estate   |   20 February, 2025 at 9:38 AM

Infrastructure and retail drive Romanian construction in 2025

Romania's construction industry maintained a high level of activity in 2024, despite a slight 4% decrease compared to the previous record year, according to data from the National Institute of Statistics (INS). However, compared to 2018, the volume of construction works was 78% higher during 2024.

Real estate   |   13 February, 2025 at 12:05 PM

Bucharest office leasing down 20% in 2024

Bucharest recorded a 20% decline in office leasing, to 339,000 sqm, in 2024, compared to the previous year, although it remained above the five-year average, according to a Colliers report.

Real estate   |   11 February, 2025 at 5:41 PM

Speedwell Development names new Leasing Director

Speedwell Development has appointed Maria Jianu as its new Leasing Director, tasked with growing the tenant portfolio and strengthening strategic partnerships for projects such as Queens District, SpacePlus and Paltim.

Real estate   |   11 February, 2025 at 9:20 AM

Romania's industrial pipeline exceeds 200,000 sqm in 2025

Romania's industrial and logistics sector saw a 27% rise in new supply in 2024, with 572,000 sqm of new spaces completed. The total stock now stands at almost 7.6 million sqm, and over 200,000 sqm are currently under development. according to research by Cushman & Wakefield Exhinox.

Real estate   |   10 February, 2025 at 10:40 AM

Property deals fall in Romania during January

Romania recorded a 17% decrease in the number of transactions in January, compared to the same period last year, totaling just over 8,400 property deals, according to data by the National Agency for Cadastre and Land Registration (ANCPI).

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Economy

Romania's budget deficit drops to 5.72% on 10 months

Romania's consolidated general budget recorded a deficit of €21.8 billion (RON 108.87 billion) in the first ten months of 2025, representing 5.72% of GDP. This marks a decrease of €110 million compared to the same period in 2024, when the deficit stood at 6.22% of GDP.  

Agriculture

Agroland opens two new stores with €350,000 investment

Romanian entrepreneurial group Agroland, active in retail, agribusiness, food production and animal nutrition, continues its expansion strategy by opening two new stores in Mega format in Odorheiu Secuiesc and Orăștie. With these openings, the Mega network reaches 36 units nationwide.

Energy

Over 27% of Romanians interested in buying heat pumps

Although heat pump technology for heating and cooling is increasingly present in public discussions, the actual level of knowledge and usage remains low in Romania, according to research conducted for the despre-energie.ro platform, a project by E.ON and Delgaz Grid companies.