More than 13,200 houses and apartments were sold in Bucharest and the surrounding area in the first three months of the year, down 4.3% compared to the same period in 2024, according to an analysis by the real estate consultancy company SVN Romania based on statistics from the National Agency for Cadastre and Real Estate Advertising (ANCPI).Over 11,200 homes were traded in Bucharest in the first quarter, down 5.4% compared to the same period last year, while 1,960 homes were sold in the Ilfov County, up 2.4% compared to the first three months of 2024.The different annual variations between the two areas can also be explained by the decrease in the number of new homes completed in Bucharest, simultaneously with the delivery of an increasing number of homes in the surrounding localities of the capital city."The first quarter of 2025 was a good one for the largest residential market in Romania, despite a 4.3% lower result compared to the same period last year, in a context in which the beginning of 2025 was marked by socioeconomic uncertainties but also by a prolonged period of holidays at the beginning of the year. The decrease in supply, corroborated with a demand that remained at a high level, led to even higher pressure on transaction prices. However, potential buyers seem to have already adapted to the new prices, the affordability of buying a home still remaining at a good level," commented Andrei Sarbu, CEO of SVN Romania.Approximately 18,000 new homes could be completed in Bucharest and its surroundings this year, according to SVN Romania, a level as low as that recorded in 2024, when the capital region saw the lowest number of homes delivered in the last five years.Almost 37,000 houses and apartments were sold in Romania in the first three months of this year, down 4.9% compared to the same period last year. Most residential units were transacted in Constanta, Cluj and Timis, official statistics also show.
At 24 years old, Romanian Claudiu Fusaru is the youngest T-38 instructor in the 469th Squadron of the Euro-NATO Joint Jet Pilot Training (ENJJPT), the most complex international program for training NATO fighter pilots. The pilot training program, active since 1981, brings together 14 NATO nations and trains the best fighter pilots in the world […]
The Romanian General Prosecutor’s Office and the Directorate for the Investigation of Economic Crime conducted searches at companies part of the Tinmar group on Thursday, November 6, Economedia.ro reported. The company, one of the largest energy traders in...
The Romanian government has approved a new emergency ordinance that introduces major fines for feeding wild bears, environment minister Diana Buzoianu announced on Thursday, November 6. The legislation also defines key terms such as "feeding of bears" and "habituated bear," aiming to curb practices that draw wildlife into populated areas,
The American defense technology company Allen Control Systems (or ACS) has signed a memorandum of understanding with the Romanian Armed Forces for the joint production of autonomous anti-drone turrets in Romania. ACS recently signed two contracts for the delivery of its autonomous Bullfrog turret to the armies of South Korea and the United Arab Emirates. […]
Global environmental NGO Greenpeace saluted the fact that Romania adopted a new normative act on Thursday, November 6, creating the necessary legislative framework so that citizens, municipalities, NGOs, and small enterprises can jointly produce, manage, and consume renewable energy. The framework was finally created “after nearly three years of waiting and requests from local authorities […]
Roweb, compania românească din spatele software-ului nr.1 din Belgia în Real Estate În timp ce România continuă să importe mai mult decât exportă, companii locale precum Roweb demonstrează că soluțiile digitale și inteligența artificială pot echilibra balanța și pot pune țara pe harta inovației europene. AI made in Romania: de la cod la […]
