The residential market started 2024 on a strong note, with an 18% increase in residential transactions in Bucharest in the first quarter compared to the same period last year.
In a decade of activity on the local market, RE/MAX Romania has grown into a national network of 60 franchises and 700 real estate consultants.
The areas located in the northern parts of the city will continue to attract the most residential developments, with almost 40% of new housing supply located here.
Despite initial challenges, Romania's residential real estate market demonstrated resilience throughout 2023, setting the stage for a promising outlook in 2024.
Romania's consolidated general budget recorded a deficit of €4.2 billion in the first quarter of 2026, representing 1.03% of GDP, compared to a deficit of €8.7 billion (2.28% of GDP) in the same period of 2025 over revenue growth and expenditure control.
Siemens is set to bolster its presence in Romania with the development of a fully digitalised, carbon-neutral production facility in Sibiu.
Siemens Mobility has been selected by Romania's Railway Reform Authority to deliver 12 hydrogen-powered electric multiple units based on the Mireo Plus H platform. The contract marks Romania's first hydrogen train project and one of the first in CEE.
Premier Energy has begun construction of its 200 MW/400 MWh Battery Energy Storage System (BESS) project near Iași, Romania. The total development and construction cost is estimated at €75 million.
AI has become increasingly embedded in employees' day-to-day work over the past year. More than 48% of employees see AI as a tool that simplifies their work; however, many remain concerned about the broader implications of its growing integration, according to a survey conducted by Genesis Property early this year, on a sample of 1,146 employees.