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.
Roughly 40 searches took place in the Port of Constanța and other locations on Monday, February 24, in an investigation by the Anti-Corruption Directorate, or DNA, targeting influential local businessmen, former customs officials in the port, and one of the leaders of the Constanța branch of the governing Social Democratic Party (PSD). The prosecutors’ accusations […]
The Bucharest Community Foundation has announced funding for two new projects aimed at enhancing climate resilience in the Romanian capital by implementing sustainable ecological solutions to improve urban infrastructure and environmental quality. The projects were selected through the sixth round of the Environmental Platform for Bucharest initiative. Out of 16 eligible proposals, the jury chose […]
One of the hostages released on Saturday, February 22, by the terrorist organization Hamas also holds Romanian citizenship. The exchange took place before another setback in negotiations and exchanges. Hostages Tal Shoham and Avera Mengistu were released during a staged event in Rafah, and hostages Eliya Cohen, Omer Shem Tov, and Omer Wenkert were released […]
Polish company Scallier, who is expanding its network of Funshop Park retail parks in Romania, is set to open a new shopping center in the Arad region. The opening date for the roughly 10,000 sqm retail park is March 6. The decision to build a retail park in the Arad region in western Romania was […]
Morphosis Capital Fund II has made its first investment outside Romania by acquiring a minority stake in EnduroSat, a leading European provider of high-end satellites and space services. The investment is part of a broader funding round aimed at accelerating EnduroSat’s expansion in the fast-growing "New Space" industry. EnduroSat, founded by Raycho Raychev, specializes in […]
Approximately 11.2 million Ukrainian citizens have entered Romania during the three years of war, the Romanian Border Police reported on Monday, February 24. In total, from February 10, 2022, to February 23, 2025, a total of 11,191,703 Ukrainian citizens have entered Romania. Globally, around 7 million Ukrainian refugees reside in other countries at the moment. […]
