Luxury residential prices in 2025 will continue to increase, but at a more moderate pace compared to previous years.
Edwin Warmerdam, Partner, Head of Tax at Forvis Mazars in Romania, spoke to Property Forum about the taxation outlook in 2025 and the tax changes that could spur investments in the local market.
Bogdan Nicoară, CEO of Bright Spaces, talked to Property Forum about the startup's plan to operate in eight markets by year-end and the diversification of its digitalisation platform for real estate companies. He also mentions some of the main trends shaping the proptech industry.
The study reveals that 83% of Romanians have a plan for their upcoming vacation season. Only 6% do not intend to go on holiday, while 12% have yet to finalize their arrangements.
Travel tech company FlixBus is adding new international coach connections from Romania to Greece and bolstering existing routes to Bulgaria.
EDP, through its subsidiary EDP Renewables, has opened its largest solar park in Romania, located in Albina, taking its total solar and wind capacities in the country to 570 MW.
The German tech company cbs purchased the SAP division of Romanian company SkyConsult, marking its entry into the local market.
Romania's annual inflation rate climbed unexpectedly to 5.5% in May, up from 4.9% in April, driven primarily by increases in food and services prices.