The total balance mortgage balance in payment increased almost fourfold in the last 16 years, from €5.7 billions in 2008 to €21.7 billion today.
The average instalment for buying a one-bedroom apartment in Bucharest came to hold a percentage of about 40% of the average wage at a national level, down from 43% a year ago.
Refinancing a mortgage loan today by switching to a fixed interest rate can bring a 22.5% decrease in the monthly installment paid compared to the value registered a year ago.
Maspex Romania has submitted documentation to the Romanian Financial Supervisory Authority (ASF) for a voluntary takeover bid of a majority stake in Purcari Wineries.
Sinteza, the Romanian producer of synthetic chemical substances, has decided to discontinue the implementation of its energy storage investment project.
Early Game Ventures (EGV) has announced a significant seed investment of €1.2 million in Servo AI, a local startup leveraging computer vision and AI to deliver.
BIPA, the drugstore brand of REWE Group, has announced its expansion into the Romanian market, with the first store slated to open in 2026.
State-owned CEC Bank has completed its e-factoring project, marking a significant step forward in its ongoing digitalization strategy.