Investors from Austria, the Czech Republic and Hungary are at the top of those who chose commercial real estate properties in Romania in 2021 with approximately a third of the acquisitions, shows an analysis made by Fortim, member of BNP Paribas Real Estate Alliance.Thus, last year, the Austrian companies bought in Romania real estate assets (offices and retail space) worth 323 million euro, while investors from the Czech Republic invested 173 million euro and those from Hungary 150 million euro. Fourth in the top are domestic investors, through companies with Romanian shareholders which acquired real estate assets worth 119.55 million euro. Among the big Romanian investors who compared to foreign investor are Dedeman and the company One United Properties. For this year, an investment fund from the Czech Republic analyses the development of a new project, worth some tens of thousands of square metres of offices in Bucharest, in the central area, say the analysis makers.According to the quoted source, at the level of Europe, in the spring of 2020, the majority of foreign investors postponed their transactions until Europe reopened. During the whole year, until Q1 2021 foreign investments dropped by 38% against the same period of 2020, but later the situation improved.Fortim Trusted Advisors, member of the BNP Paribas Real Estate Alliance in Romania is a company for real estate consultancy set up in 2002.
Archaeologists from the Buzău County Museum, in southern Romania, have discovered 31 human settlements on the construction site of a wind farm. The region where the settlements were discovered was chosen for a new wind farm because of its favorable meteorological conditions, and annual tests were conducted as early as 2010. Construction work began in […]
Romania has become the EU country with the highest unemployment rate among young people under 25 (26.3%), according to official Eurostat data published in December 2024 and analyzed by the Social Monitor, a project of the Friedrich Ebert Foundation Romania. Thus, Romania surpassed states such as Spain and Greece, where youth unemployment has always been […]
In its half-year report for the second half of 2024, TikTok said it blocked 33,000 spam accounts in Romania and nearly 100,000 fake accounts. It highlighted its intense activity in blocking fraudulent activity related to Romania, particularly during the electoral campaign, indirectly admitting the...
Moldovan president Maia Sandu has acknowledged that some local entrepreneurs are transferring capital to Romania due to its stability as a European Union and NATO member state. Speaking about the country's economic stagnation in 2024, when GDP grew by only 0.1%, and the technical recession in the second half of the year, Sandu highlighted concerns […]
Battery Energy Storage Systems (BESS) are set to become a central component of Romania's power system, according to Oxford-based Aurora Energy Research, whose analysts see investments in Romania's BESS totaling several gigawatts of capacity and several billion euros over the next decade. Aurora pointed to both the opportunities and the risks and uncertainties associated with […]
Romania’s insurance market grew by 11% year-on-year in 2024, reaching a total gross written premium volume of RON 23.4bn (EUR 4.7bn), according to a report published on 1 April by the Financial Supervisory Authority (ASF). General insurance accounted for 81% of total underwritings, while life insurance represented 19%. The total value of insurance premiums for […]
