The number of permanent dwellings completed in Romania in 2023 reached 71,454 units, down 1,878 from 2022, show data published by the National Institute of Statistics (INS) on Tuesday.By residence areas, in 2023 compared to 2022, there is a decrease in the share of dwellings completed in rural areas (from 45.3% in 2022 to 39% in 2023) and an increase in urban areas (from 54.7% in 2022 to 61% in 2023).The distribution of funds for dwellings completed reveals that in 2023, as against 2022, the number of dwellings made on private funds decreased (-2,466 dwellings), while the number of dwellings made on public funds increased (+588 dwellings).The regional distribution in 2023 compared with 2022 shows a decrease in the number of dwellings in the following development regions: Nord-Vest (-1,357 dwellings), Vest (-945), Bucharest -Ilfov (-280), Centru (-159) and Sud-Muntenia (-158).On the other hand, increases were recorded in the development regions Sud-Est (+761 dwellings), Nord-Est (+246) and Sud-Vest Oltenia (+14).According to INS data, 21,461 dwellings were put into use in Q4 2023, up 923 from Q4 2022.By residence areas, in Q4 2023 most dwellings were built in urban areas (59.3%).The distribution of funds for dwellings completed shows that, in Q4 2023, y-o-y, both the number of dwellings on private funds increased by 624 and those on public funds, by.The regional distribution indicates an increase in the number of dwellings completed in the following development regions: Bucharest-Ilfov (+662 dwellings), Nord-Est (+198), Sud-Est (+175), Centru (+125) and Sud-Muntenia (+116).On the other hand, decreases occurred in the development regions Nord-Vest (-309 dwellings), Vest (-41) and Sud-Vest Oltenia (-3).A dwelling is regarded as complete when its components, including the foundation, is built for the first time and when all the works stipulated in the technical documentation are completed and received by the beneficiary.
The investment includes the modernization of the production unit in Crevedia and the launch of PIUA, Maidan’s first premium spreadable product range, responding to the growing demand in the ready-to-eat market. Maidan, a company active in corporate and private event catering, industrial catering and the development of its own gastronomic products, announces a total investment […]
One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, announces the signing of a new lease agreement for the relocation of Cencora Romania’s headquarters within One Cotroceni Park, the most modern business ecosystem in Bucharest. Cencora is a global leader in pharmaceutical solutions, dedicated […]
Unanimously adopted, the Nordis Law marks a decisive moment for Romania’s residential market. It introduces a set of rules designed to protect buyers, hold developers accountable, and reduce speculative risks, with a strong focus on transparency and stability. Under the new legislation, the reservation fee cannot exceed 5% of the property value, reservation contracts cannot […]
Via Dobrogeana, a planned trail covering the southeastern part of the country, aims to offer travelers the opportunity to explore the region's cultural and ethnic diversity. The trail will be about 850 km long, stretching from the 17th-century Sfânta Precista Monastery in Galați to Ialomița County. Via Dobrogeana will be a mixed route. In addition […]
Police and prosecutors carried out 25 searches in Romania and Italy on Tuesday, November 18, aiming to dismantle a group made up of four families, who allegedly sexually exploited, mainly in Italy, more than 30 victims. After the searches, 19 people were detained, and two others were placed under judicial control for forming an organized […]
Deep Purple, one of the most important rock bands in the world, is set to return to Romania for a concert on October 1, 2026, at the BT Arena in Cluj-Napoca. A giant in global rock, Deep Purple is one of the most appreciated bands in the world. The group boasts five decades of chart-topping […]
