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.
Elon Musk's mother, Maye Musk, re-shared a post about the Craiova Christmas Market on X on Monday, December 1. She described the event as "beautiful" and included three emojis in her caption. The original post highlighted that the Craiova Christmas Market was taking place in a safe environment. "No concrete barriers. No armed guards. No […]
Real estate developer Globalworth has begun construction on Green Court D, the fourth building in its Green Court office complex in Bucharest’s Aurel Vlaicu area. Scheduled for completion in 2027, the project is now in its preliminary phase, which includes enclosure works and excavation for the basement structure, the company said. The new building will […]
Romania’s National Committee for Emergency Situations decided to distribute drinking water from the state reserves to 13 localities in the counties of Prahova and Dâmboviţa. The area was severely impacted by a drop in water levels at the Paltinu Dam, leading to problems in the water distribution system and affecting over 100,000 people, local hospitals, […]
Rock star Marilyn Manson will return to Romania next summer to perform at Rockstadt Extreme Fest, organizers announced on Tuesday, December 2. He is among the headliners confirmed for the local rock and metal festival, which will take place from July 27 to 31 in Ghimbav, Brașov county. “For the first time ever, Marilyn Manson […]
Romania’s government has assumed responsibility in Parliament for legislation reforming magistrates’ pensions, prime minister Ilie Bolojan announced on December 2. He said the draft law had received the opinion of the High Court of Cassation and Justice, noting that the court’s assessment was negative. It is the government’s second attempt to have the bill promulgated, […]
Romania Education Alliance (REA), the first private school network in the country, announced it has exceeded the milestone of 1,000 students enrolled across its member schools just one year after launch. "The fact that we surpassed 1,000 students in our very first year of activity shows that the REA model addresses a real need in […]
