Tag: Vlad Săftoiu (8 articles)

Real estate   |   18 September, 2025 at 10:04 AM

Romania among EU's most property tax-friendly countries

Romania stands out in the European fiscal landscape with property taxation levels significantly lower than the EU average, according to an analysis by Cushman & Wakefield Echinox based on Eurostat data. This position has enhanced the attractiveness of the local real estate market and established a favorable tax framework for owners and investors.

Real estate   |   2 July, 2025 at 11:28 AM

Retail spending of Romanians up 7.1% in 2024

Romanians spent approximately €40 billion in large retail chains last year, marking a 7.1% increase compared to 2023, according to research by Cushman & Wakefield Echinox. The result, while a slowdown from the 11.1% increase in 2023, still outpaced inflation. 

Real estate   |   17 October, 2024 at 6:21 PM

Romania's industrial stock to grow by 500,000 sqm in 2024

Romania's total stock of industrial and logistics spaces could reach the 8 million sqm threshold at the end of 2025, if the recent annual development pace of around 500,000 sqm is maintained, according to a report by Cushman & Wakefield Echinox. 

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Banks in CESEE region show growing confidence in credit
Finance

Banks in CESEE region show growing confidence in credit

Banks in Central Eastern South-Eastern Europe report improving trends, with credit demand remaining robust, particularly from companies, while banks anticipate improvement in credit supply following a period of contraction.

Economy

Romania's trade deficit narrows in first 11 months of 2025

Romania's trade balance deficit (FOB/CIF) for January-November 2025 reached €29.77 billion, down €299.6 million (-1.0%) compared to the same period in 2024, according to data published by the National Institute of Statistics (INS).

Economy

Romanian chamber of commerce backs EU-Mercosur trade deal

The Romanian Chamber of Commerce and Industry (CCIR) has unanimously decided to support the free trade agreement between the EU and Mercosur, backing the decision made by the European Association of Chambers of Commerce (Eurochambres) at its November 2024 General Assembly.