RE/MAX Romania has brokered last year approximately 10,000 real estate transactions, which summed up over 300 million Euro, and for 2022 it is targeting a 15 million turnover, according to a press release sent by the company."RE/MAX Romania, part of the real-estate world leader and number 1 global franchise on this segment, has seen an increase of generated commissions by approximately 92% in 2021, comparing to the previous year, reaching a total value of 10.5 million Euro. The company has brokered in the same interval approximately 10,000 real-estate transactions, which summed up over 300 million Euro, and for the current year it is targeting a turnover of 15 million Euro, namely an accelerated increase of number of franchises and agents", the press release reads.The most brokered transactions were for the residential segment, with a percentage of 83%, followed by plots of land (9%), commercial (4%), office (2%) and industrial (2%), and the top cities from the standpoint of volume of transactions remains unchanged, Bucharest, Cluj-Napoca and Brasov, respectively."The year 2021 was a surprisingly good year for RE/MAX business in Romania, with growths that surpassed our expectations. If 2020 was a year of reorganization and adapting to the pandemic context, 2021 was one of consolidation and evolution. We can say that investments in digitization, education and top services offered, along with a favorable context regarding the real estate market, have led to the obtained results. We are continuing to rely on considerable increases at the level of all business indicators," Razvan Cuc, chairman of RE/MAX Romania, said.In Romania, RE/MAX is the largest network of franchised real estate offices, with the highest number of real estate agents, currently having over 60 franchises and over 750 members.
Daniel Christian Hulea, a Romanian man accused of contributing to the NetWalker ransomware attacks, has been sentenced to 20 years in prison after pleading guilty to conspiracy to commit computer fraud and wire fraud, according to a public announcement from the US Department of Justice. NetWalker was a Ransomware-as-a-Service operation launched in 2019, which recruited […]
The new Romanian government, headed by the same Social Democratic prime minister, Marcel Ciolacu, recently made its governance program public. Among its objectives are reducing the level of bureaucracy, maintaining the flat tax rate, and reducing the budget deficit to 7% in 2025. To reach its goals, the government reduced the number of ministries to […]
The European Commission (EC) announced on Monday, December 23, that it disbursed payments under the Recovery and Resilience Facility (RRF) to Czechia, Germany, Italy, Portugal, and Romania, totaling EUR 26.8 billion in loans and grants. Under this latest disbursement, Romania received EUR 37.05 million as part of its second payment request. By comparison, according to the...
Romanian film trilogy Moromeții, directed by Stere Gulea, will be presented at the 54th edition of the Rotterdam International Film Festival, taking place from January 30 to February 9, 2025. This renowned European event, which annually presents hundreds of films across more than 20 sections, will feature the three films - Moromeții (1987), Moromeții 2 […]
Romania issued state aid worth EUR 1.3 billion during 2019-2023, with 62% of the projects being granted to foreign companies, according to an analysis conducted by EY Romania. The sectors that benefited the most from aid were the automotive industry, technology, manufacturing (light industry), medical industry, and the food and beverage industry. According to the […]
The Abracadabra – Secrets of Magic interactive exhibition will transform Arcub – Hanul Gabroveni in Bucharest into a magical universe starting December 27, 2024. Running until May 4, 2025, the event offers visitors the opportunity to explore a labyrinth of magic, featuring over 20 interactive attractions and more than 500 live performances by MAGITOT and […]
