Nearly two-thirds of Romanians (64%) report that their housing costs increased in the past year, although in Romania, homeownership is markedly high, with 85% of respondents owning at least one property, which is well above the European average, according to Re/Max Europe's European Housing Trend Report 2024.Additionally, 30% of Romanian homeowners own a second property, but only 35% of respondents feel comfortable with housing costs. Nearly two-thirdsof Romanians (64%) report that theirhousing costs increased in the past year.Romanians place a high value on energy efficiency and newbuild properties, they are less concerned with being close to friends and family, with only 12% prioritising that. This is notably lower than in many other European countries, indicating that Romanians may be more focused on the practical aspects of their housing choices rather than social proximity.As many as 44% of Romanians think affordability is more important than location. Almost one third of potential home buyers would like their apartment or house to have access to nature/green spaces, while 37% of them would like to own some sort of outdoor space - balcony, terrace or garden.About a quarter of them (22%) would move abroad for a more affordable life.As many as 69% of Europeans own the home they live in - and a quarter of these homeowners own a secondary residence.These secondary properties are primarily used for holidaying or retirement.Increased government support could have substantial influence on the uptake of sustainability measures; 48% of adults report that government incentives would motivate them to install energy-efficient measures.In Romania, Re/Max is the largest network of franchised real estate offices, with the largest number of real estate agents, currently having over 60 franchises and over 700 members.Worldwide, the company founded in 1973 in Denver currently has more than 140,000 affiliated agencies in 8,300 offices in 110 countries. In Europe, Re/Max operates in 40 countries, with over 2,200 offices and 30,000 agencies.
The Romanian software company Life is Hard, listed on the Bucharest Stock Exchange under the ticker LIH, announced a strategic investment of EUR 250,000 in RepsMate, a deep-tech startup, on Friday, May 23. RepsMate specializes in conversational AI and the intelligent automation of company-customer interactions. The investment reinforces the growth in LIH’s ENGINE division, which […]
An autonomous, driverless bus was tested on Thursday, May 22, in Cluj-Napoca during the International Summit for Climate Neutrality, held under the slogan "Carbon OFF. Future ON,” to demonstrate the integration of modern technology into public transport. The bus performed a demonstration tour on a short route, starting from the Radisson hotel, crossing George Coșbuc […]
Romania’s national railway company CFR Călători announced on Thursday, May 22, that it will provide a daily direct connection from Bucharest to Varna starting June 13, and to Sofia and Istanbul/Halkali starting June 14. According to the cited source, the train will run on the new route from June 13 to October 13, 2025, and […]
Romanian filmmaker Bogdan Mureșanu will premiere his first animated short film, Magicianul/The Magician, at the prestigious Annecy International Animation Film Festival, taking place in France from June 8 to 14. The film, written, directed, and produced by Mureșanu, is the only Romanian title selected in the official competition, which features 35 productions...
US general Ben Hodges, the former head of the United States Army in Europe, said on Thursday, May 22, that if Russia attacks NATO, it will first bomb Romania’s port of Constanța and civilian targets. Hodges spoke in an interview about the possibility of reducing American troops in Europe, and implicitly in Romania. He added […]
Romania's national women’s handball team faces an uphill battle against Denmark, Japan, and Croatia in the group stage at the 2025 World Championship. The teams were selected on Thursday, May 22, at the Noordbrabants Museum in 's-Hertogenbosch, Netherlands. Romania was part of the second seeding pot at the draw for the groups of the 27th edition […]
