New housing completions and the number of transactions in Romania declined by approximately 5% in 2025 compared with the previous year. Deliveries dropped to their lowest level since 2017, but sales volumes remained around 20% above the pre-pandemic average, according to the annual report published by Colliers.
In Bucharest, the decline in demand was more pronounced than the national average, yet the capital continues to attract the largest number of new developments and the bulk of market...
Romanian Iulia Neagu, a PhD in physics at Harvard, sold the artificial intelligence startup Quotient to the American, Romanian-founded data giant Databricks. The two companies aim to improve the way AI agents are used in production environments, are evaluated, and optimized. The startup was launched in 2023 to create systems capable of measuring and improving […]
Authorities in Bucharest have passed regulations to drastically limit the use of fireworks throughout the year. Companies that organize pyrotechnic shows will have to pay a fee of RON 500 (EUR 100) per minute and will need the approval of the City Hall. The new measures were approved by the Bucharest General Council and are […]
The Islamic government in Tehran warned Romania that providing bases to the US airforce amounts to participation in the attacks against it, according to a series of statements offered on Monday, March 16, by a spokesman of the Iranian Ministry of Foreign Affairs. The spokesman argued that Romania's support for the US “would incur international responsibility […]
Restaurant technology startup Choice has raised USD 7.1 million in new funding as it accelerates its expansion across Central and Eastern Europe (CEE), including Romania. The company entered the Romanian market in 2025 and has already attracted its first paying restaurants. The funding round was led by Portuguese venture capital fund Alea Capital, with participation […]
The Organization for Economic Cooperation and Development (OECD) released a report regarding Romania and its path to becoming a member on Monday, March 16, in an event attended by the organization's secretary general, Mathias Cormann, and prime minister Ilie Bolojan, among other officials. The report underscores the need to improve the long-term sustainability of Romania’s...
The Sand Marathon (Maratonul Nisipului), one of Europe’s most distinctive beach running competitions, will return to Constanța, on the shores of the Black Sea, on May 17, for its 11th edition. The event will take place on Zoom Beach and marks the beginning of a new decade for the competition under the theme Next Wave. […]
