The number of building permits for residential buildings issued in first quarter of this year reached 7,422, dropping by 7.2% against Q1 2023, according to the data published on Monday by the National Institute for Statistics (INS).Thus, decreases were recorded in the development regions: Centru (-331 permits), North-West (-157), South-Muntenia (-75), South-East (-35), North-East (-16) and Bucharest-Ilfov (-2), and increases in the development regions South-West Oltenia (+26 permits) and West (+16). In March 2024, 3,037 building permits were issued for residential buildings (+18.8% compared to February 2024), with a total usable area of 70,1531 sq.m (+10.4%). Of the total building permits for residential buildings, 70.9% are for rural areas. According to INS data, in March 2024 there is an increase in the number of building permits issued for residential buildings compared to the previous month (+481 permits). In territorial profile, this increase is reflected in all development regions: North-West (+127 permits), South-Muntenia (+89), South-East (+76), Centre (+74), North-East (+63), West (+21), Bucharest-Ilfov (+19) and South-West Oltenia (+12). Also in March 2024, 598 building permits for non-residential buildings were issued (+17.3% compared to February 2024), with a total usable area of 321,477 sq.m (+44.3%). Compared to the previous month, March this year saw an increase in the usable area of building permits issued for non-residential buildings (+98,623 sq.m). In territorial profile, this increase is recorded in the development regions: Centre (+47,198 sqm), North-East (+23,092), Bucharest-Ilfov (+17,706), South-West Oltenia (+14,169) and South-East (+10,568). Decreases were also recorded in the development regions: North-West (-6,781 sqm), West (-6,166 sqm) and South-Muntenia (-1,163 sqm). Compared to the same month of 2023, in March 2024 there is a drop both in the number of building permits issued for residential buildins (-9.2%) and the total usable area (-16%).At the level of the territory, this drop in the number of building permits issued for residential buildings (-309 permits) is reflected in all development regions: Centre (-121 permits), Bucuresti-Ilfov (-52), North-East (-39), South-East (-35), South- Muntenia (-25), West (-24), North-West (-11) and South-West Oltenia (-2). In March 2024, there was a decrease in the number of building permits issued for non-residential buildings (-10.2%) and .2%an increase in total floor area (+17.8%) compared to the same period last year. In territorial profile, this increase in usable floor area for building permits issued for non-residential buildings (+48,495 sqm) is recorded in the following development regions: Centre (+33. 374 sq.m), Bucharest-Ilfov (+28,540), West (+27,603), North-West (+11,912) and North-East (+8,513). Decreases were recorded in: South-East (-44,704 sq.m), South-Muntenia (-11,791) and South-West Oltenia (-4,952).
Romania celebrates 166 years since the Union of the Romanian Principalities under Alexandru Ioan Cuza on Friday, January 24, which is a national holiday. To mark the special day, the railway passenger carrier CFR Călători will introduce the special Union Train "to carry the national message" from Bucharest to Iași and back. Departing from Bucharest's Gara de […]
More than half of young people in Romania express a desire to emigrate for more than six months to another country, with 8% having a very strong desire, 11% a strong desire, and 32% a moderate desire to emigrate, according to the Youth Study. Southeast Europe 2024 conducted by the Friedrich-Ebert Foundation. The data was […]
Romanian startup .lumen, which has developed glasses enhancing the mobility of the blind and visually impaired, has successfully closed a EUR 5 million investment round led by Catalyst Romania. The investment includes participation from the European Innovation Council (EIC) Fund, Sweden's Tigrim Capital, and a EUR 1 million crowdfunding component facilitated by SeedBlink, raised in […]
Ultranationalist independent candidate Calin Georgescu would mark a clear win in the first round of the presidential elections (38%) but would not significantly improve his score in the second round against the candidate of the ruling coalition Crin Antonescu whom he might defeat with 39% to 38%, according to a poll conducted by Avangarde. The […]
Stanleybet Capital, the holding company overseeing one of the main sports betting and gambling operators in Romania – Game World Group – has announced a public bond offering to raise between EUR 3 and 5 million. The funds will be allocated to marketing and promotion efforts for its online and retail divisions, as well as […]
Ameropa Grains, Romania’s largest grain trader with an annual turnover exceeding RON 8 billion (EUR 1.6 billion), has listed silos in Călăraşi and Constanţa for sale, including strategic facilities with access to the Black Sea. Sources cited by Ziarul Financiar indicate that Cambela Prod,...
