Romania's volume of construction work increased in the first two months of the current year, with a 16.7% rise in the unadjusted series, and a 19.5% rise in the series adjusted for working days and seasonality versus 2024, according to data from the National Institute of Statistics (INS).
The Romanian residential real estate market experienced a slowdown in Q1 2025, with sales decreasing both in Bucharest and nationwide, according to a recent analysis by SVN Romania.
Romanian developer Redport is teaming up with local businessman Dan Șucu, the Founder and Shareholder of Mobexpert Group, for a new residential development worth €50 million in Bucharest.
Romanian developer Ima Residence, controlled by local entrepreneur Claudiu Diaconu, is launching a new boutique project in Pipera, northern Bucharest, backed by a €15 million euro investment.
Hils Development, the real estate company led by entrepreneur Ionuț Negoiță, is set to deliver the first phase of its mixed-use scheme Hils Republica in June.
Bucharest's residential real estate sector is experiencing a significant downturn, with a notable drop in both permits and completions, raising concerns about the market's trajectory, according to an opinion by Dr. Sebastian Sipos-Gug - Ebuild srl, Eastern European Construction Forecasting Association (EECFA) Romania.
Romanian developer Bellemonde is set to expand its residential project in Pipera, near Bucharest, will take the total investment to around €70 million.
More Romanians are looking to rent homes over higher prices and tighter lending conditions, shows a recent survey by Unlock Market Research for Colliers.
Bucharest is bracing for another year of low residential deliveries, mirroring the trend observed in 2024. Approximately 18,000 new homes are expected to be completed in Bucharest and its surrounding areas in 2025, according to a report by SVN Romania.
Primes developer, part of R.U. Shalit group, is investing around €20 million in the construction of a new luxury residential complex in northern Bucharest.
Garanti BBVA has announced a long-term financing agreement of €10 million for the development of the National Golf & Country Club, a project developed by DM Sport & Energy that is located in Dâmbovița County, less than 37 km north of Bucharest.
Local residential developer Impact Developer & Contractor recorded a net individual profit of around €17 million in 2024, double compared to the previous year. At the group level, the consolidated net profit was €12 million, also double compared to 2023.
Romania's housing market faced a significant imbalance in 2024, with new home deliveries falling 15% nationwide and over 20% in Bucharest, while demand rose by 7%, finds a Colliers report.
Scandia Română Development, the real estate division of the Scandia group, has announced the commencement of works on a new residential project in Sibiu.
Bucharest remains the leader on gross rental yields, while the overall prices in the residential market rose by 14% in 2024, according to a market study by The Concept.
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).
More than 13% of businesses in the EU used AI during 2024, while companies in Romania fall below this average, according to a European Commission report on digitalization.
BCR achieved a net profit of RON 742 million (€149 million) during Q1 2025, marking a 19.8% increase compared to the RON 620 million (€125 million) in Q1 2024
Electrica has signed a syndicated loan agreement worth RON 3.1 billion (€620 million), in a deal coordinated by BT and BCR, with Raiffeisen Bank acting as Sustainability Agent.
Etiq AI, the AI startup founded by Iris Anson and Raluca Crișan, has secured €900,000 in seed funding led by GapMinder VC, adding to their £1 million grant from InnovateUK.