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.
Prime Batteries, the only local battery manufacturer and one of the few active in Europe, has established a joint venture with the South Korean company Top Material to produce active material, a key element in the production of batteries. The unit is in South Korea. Top Material is also a shareholder in Prime, with a […]
Franklin Templeton, the administrator of Fondul Proprietatea, has launched 16 Franklin Templeton Investment Funds (FTIF) on the iFonduri platform, expanding access to investment solutions for individual investors in Romania, according to Ziarul Financiar. The iFonduri platform, launched on Thursday, December...
Some companies in the BETPlus index are expected to deliver an average dividend yield of 3.6% in 2026, down from the 4.1% projected for a similar selection last year, according to an analysis by the TradeVille Analysis Department, Bursa.ro reported. The estimates are based...
The American company Critical Metals, which concluded an agreement with the Romanian state-owned company Nuclearelectrica for the partnership construction of a processing plant in Feldioara for the rare earths that the former extracts from Greenland, is actually controlled by the Romanian businessman Frank Timiș, who was, among other things, behind the Roșia Montană project, according […]
West Beton, part of West Group, produced and delivered, through its three production sites, more than 200,000 cubic meters of ready-mix concrete in 2025. Over 90% of total deliveries went to residential projects, including HILLS Nord, the third phase of Nusco City, and developments by companies such as Hagag or Pedro Construct. The rest of […]
The government has added four more companies to the list of the first 17 that entered the reform process and the analysis of the Interministerial Committee for Supporting the Implementation of Reform 9 (CNR9), led by deputy prime minister Oana Gheorghiu. These are CNCAF Minvest, Romaero, CNMPN Remin, and Avioane Craiova, companies from the portfolio […]
