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 office building of the former tire manufacturer Banloc-Goodrich in central Bucharest will be demolished for the construction of the Holocaust Museum, Profit.ro reported. The investment, valued at EUR 54.2 million, is partly covered by the EU-backed Recovery and Resilience...
One United Properties (BVB: ONE), Romania’s leading green developer of residential, mixed-use, and office real estate, recorded a turnover of 236.3 million euros in the first nine months of 2025, up 13% year-on-year (YoY), and a gross profit of 84.8 million euros, up 20% YoY, while the net profit stood at 70.3 million euros, up […]
Famed Romanian composer Horia Moculescu died on Wednesday, November 12, at the age of 88. The composer, pianist, and performer was born on March 18, 1937, in Râmnicu-Vâlcea. At the age of six, he learned to play the accordion. He attended secondary school in Turda at the Boys’ High School (now the “Mihai Viteazul” National […]
Romanians shift priorities: Health, Culture, and Hobbies take the lead, while Fashion and Home&Deco lose ground to low-cost non-EU commerce Black Friday 2025 marks a turning point for Romanian eCommerce. After two years of stagnation, the day recorded a +10% increase in the number of transactions, while the overall campaign week saw a +20% rise […]
The winter holidays are, for many of us, that rare time when everything slows down and joy becomes simple again: a beautifully decorated Christmas tree, a glass of fine wine, laughter mingling with the clinking of glasses, and breathtaking views all around. In the world of Ana Hotels, the magic of the season is celebrated […]
Kings’ Valley Medical & Spa Hotel is more than a luxurious retreat — it is a gateway to one of Bulgaria’s most enchanting regions. – The Rose Valley. Nestled in the heart of the country, just a few scenic hours from Bucharest, the hotel offers guests a rare blend of tranquility, wellness, and discovery....
