The number of homes put into use in Romania, in Q1 2024 was down by over 6,1000 units, compared to the same period of 2023, according to the National Institute for Statistics (INS). According to the quoted source, during the analysed period, 25,936 dwellings were put into use, down by 6.141 dwellings, compared to the same period of the previous year. In terms of residential areas, most new homes were in the urban environment, 56.1% of the total. Speaking about the financing sources for the dwellings, in Q1 2024 as compard to Q1 2023, the number of dwellings made out of private funds (-6.386) was lower but the number of dwellings made out of public funds (+245)was higher. The INS data show that, by the end of June this year, speaking about regional distribution, there was a drop in the number of dwellings completed in all development regions: Bucharest-Ilfov (-2,193), South-East (-1,494), Centre (-926), North-East (-779), South -Muntenia (-370), West (-222)South-West Oltenia (-106) and North-West (-51). As for Q2 2023, during the same interval of this year, most dwellings were built in urban environment (57.7%)and depending on the financing funds, there was a drop in the number of dwellings made out of private funds (-2,508)but there were built out of public funds (+336). From the regional point of view, there are drops in the completed dwellings in the following development regions: Bucuresti-Ilfov (-680), South-East (-669), South-Muntenia (-275), Centre (-264), North-West (-143), North-East (-138) and West (-100). On the other hand, at the level of Q2 2024, there were increases in the number of completed dwellings in the development region: South-West Oltenia (+97).
Roberta Metsola, president of the European Parliament, has been named the 2025 laureate of the Timișoara Award for European Values, an honor established by the Municipality of Timișoara, western Romania. She will receive the award during a gala ceremony on May 22. The jury, composed of prominent Romanian professionals from various fields, recognized Metsola for […]
Romania’s interim president, Ilie Bolojan, delivered a message on Tuesday, April 22, to mark World Earth Day, emphasizing the importance of environmental care for both current and future generations. He stressed that a clean environment is essential for quality of life, public health, and the sustainable...
The leader of the Romanian reformist party USR, Elena Lasconi, a presidential candidate for the May 4 ballot with ambiguous support from her own colleagues, announced imminent thorough reforming of her party, apparently involving the replacement of the top leadership that withdrew her support recently. However, the odds for her to conduct the reforms are […]
Hungarian company Alpin Szig es Szerkezet Epitoipari, through its wholly-owned Romanian subsidiary Mineral Insulation, announced that a mineral wool factory with an annual capacity of 30,000 tons will be built in Miercurea-Ciuc, central Romania, upon a project involving EUR 20 million investments, announced the mayor of the town, Korodi Attila, and Orban Zoltan, on the side […]
The Municipality of Bucharest (PMB) completed the issuance and placement of bonds with a total nominal value of RON 555.1 million (EUR 111 million), PMB announced in a note to investors at the Bucharest Stock Exchange, where the bonds will be listed. The issue was heavily oversubscribed, with banks placing orders for 190% of the […]
Restart Energy One, a Romanian provider of renewable energy solutions with two bond issues listed at the Bucharest Exchange, announced in a note to investors that it is entering into a preventive arrangement to avoid insolvency. Its bonds were recently temporarily suspended from trading amid an investigation conducted by prosecutors involving the company's founder,
