Bucharest, Ilfov, and Timiș emerged as the regions with the highest number of registered mortgages in Romania in 2024, followed by Iași and Constanța. According to an analysis conducted by online broker Ipotecare.ro and financial consultant and mortgage lending company SVN Credit Romania, roughly 86,600 mortgages were recorded nationwide last year, marking a 26.5% increase compared to 2023.
Iași, in eastern Romania, recorded the highest annual growth in mortgages, with a remarkable...
Classix Festival has unveiled the full concert schedule for its sixth edition. Organized by the Creative Industries Association and Showberry, the event will take place in Iași from February 23 to March 2, and tickets are already available on the official website. The 2025 edition will feature nine concerts over eight days in some of […]
Bucharest mayor Nicuşor Dan said that the city will impose a fine of EUR 350 million if the vegetation across the entire surface of the restituted area of IOR Park is cleared. So far, Bucharest City Hall has issued a fine of EUR 35 million for the deforestation of one hectare of land. The fine […]
Bucharest will be among the European cities with the highest increase in heat-related death rates by 2099, according to a pan-European study published by Nature. The study involving numerous researchers from institutes across Europe modeled the effects of global warming on the densely populated cities of the continent. They estimated the effects in terms of […]
The members of the Brewers of Romania Association elected Mihai Voicu, General Manager of Bergenbier SA, part of the Molson Coors Beverage Company group, as president. He took over this position on January 1, 2025, from Michal Mrowiec, president of URSUS Breweries, who has held the role since January 1, 2024. “I am delighted to […]
Cluj-Napoca and Sibiu topped the rankings of the T.R.A.I. index by Storia in 2024, the first with the highest total score based on objective indicators such as traffic, landmarks, air quality, and property prices, while the second had the best score when considering 13 subjective criteria rated by the city's residents. The T.R.A.I. index integrates […]
Bucharest mayor Nicușor Dan announced that he would submit a series of proposals to the government and political party leaders aimed at amending legislation concerning the allocation of funds between the General City Hall and the district mayors of the capital. The proposals were drafted by the experts of the Bucharest City Hall following the […]
