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.
Hungarian filmmaker Béla Tarr (in opening photo) is one of the guests of this year’s Transilvania International Film Festival (TIFF), which is currently taking place in Cluj-Napoca. He will receive a Lifetime Achievement Award at the TIFF Awards Gala. Until then, audiences will have the chance to meet him at the cinema and attend a […]
With a continued commitment to innovation, sustainability, and affordability, Auchan Romania has received three major distinctions at the “Voted Product of the Year 2025” competition – the most prestigious recognition platform for innovation and performance among products, brands, and retail networks in Romania. In addition to being named Retailer of the Year in the Hypermarket […]
Roughly 72% of Romanians believe that their own actions have the greatest impact in building a sustainable future. At the same time, they acknowledge the essential role of companies (68%) and governments (66%) in achieving sustainability goals, according to the fourth annual edition of the National Barometer on Romanians' perceptions and behaviors related to sustainability […]
Contakt, a Romanian mobile accessories retailer operating a nationwide network of 245 stores, has announced plans to list on the AeRO market of the Bucharest Stock Exchange this fall. Roughly 10% of the company’s share capital will be made available to investors during the IPO, with a gradual increase in free float to 30-40% forthcoming. […]
Wizz Air will reopen its base in Suceava, in northeastern Romania, where it will allocate two Airbus A321neo aircraft. With these, the airline will operate a total of 43 aircraft during the winter season in Romania. Wizz Air will also introduce eight routes from Suceava starting in December. Passengers will be able to fly from […]
A new legislative proposal is currently being developed regarding end-of-life care, according to doctor Cătălina Poiană, president of the Romanian College of Physicians. It would be a first for the Romanian medical system. Dr. Poiană specified that the document has been worked on by representatives of the Romanian Society of Anaesthesia and Intensive Care (SRATI), […]
