About 15% of the users of Stock.estate, a crowdfunding platform, have become investors in local real estate products, with the crowdfunding market in Romania having a significant potential estimated at EUR 200 million as a result of a constant increase in the interest of investors and entrepreneurs.According to a press release from the company, Stock.estate is the first crowdfunding platform certified by the Financial Oversight Authority (ASF) in Romania, licensed in 2023 and launched for trading in 2024. It is the only operational platform at local level to date. The objective of the platform is to offer investors the opportunity to invest in the real estate sector, with the minimum amount being EUR 100. The investment in the platform amounts to over half a million euros, so far."We are an early culture in terms of investment instruments, it is true, but we strongly believe that Romanians will be more and more available for investment of any kind. We have also noticed an increased interest in the investment area for about five years, and the results of the first year of our platform validate the Romanians' appetite for new investments," Vicentiu Vlad, co-founder & CEO - Stock.estate, is quoted as saying.Over 1,500 people are enrolled with the platform (people who have created an account on the platform and have permanently accessed the information on the use of the financial investment instrument), over 200 of them have made direct investment in the platform, and their transactions amount to over 550 shares of a total value of over EUR 750,000."With a recent regulation that facilitates access and protects investors, crowdfunding platforms in Romania, such as Stock.estate, have started to gain traction, offering financing opportunities for the real estate market," according to Alexandru Constantin, co-founder & CTO – Stock.estate.
President Nicușor Dan, in office for roughly three months, attended the Salzburg Industrialists' Summit, the most important reunion of the Austrian business community, urging them to invest in Romania. Specifically, the president emphasized the strategic opportunities in the defense, energy, infrastructure, and logistics sectors. “Romania is significantly expanding its defense industry. Our sector offers real […]
A scandal broke out on Friday, July 25, after it was made public that deputy prime minister Dragoș Anastasiu was a witness in an older corruption case involving one of his companies. The company, Eurolines, paid bribes for eight years to a financial inspector from Romania’s tax agency ANAF. Records from the Anti-Corruption Directorate show that between […]
A scandal broke out on Friday, July 25, after it was made public that deputy prime minister Dragoș Anastasiu was a witness in an older corruption case involving one of his companies. The company, Eurolines, paid bribes for eight years to a financial inspector from Romania’s tax agency ANAF. Records from the Anti-Corruption Directorate show that between […]
The Drapers' Bastion in Brașov, built between the years 1450–1455, will be restored with European funds. The urban landmark will become an interactive museum integrated into the tourist circuit. The rehabilitation of the Drapers' Tower will support not only tourism but also the construction sector, contributing to the economic and cultural revitalization of Brașov, according […]
The National Meteorological Administration (ANM) has issued a code-red warning for persistent and intense heat from July 26, 10:00 AM to July 27, 10:00 AM for the regions of Banat, Oltenia, most of Muntenia, and southern continental Dobrogea. Day temperatures are expected to reach between 39 and 43 degrees Celsius, while the temperature-humidity index is […]
The fifth edition of Jazz Bastion will bring three concerts to the Weavers' Bastion in Brașov, featuring musicians from Romania, Ireland, and Switzerland. This year's edition "highlights the cultural diversity of music, which always brings together artists and audiences alike, regardless of language, nationality or affinities," the organizers explained. The public can attend performances by […]
