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.
On Thursday, January 23, the European Commission granted a protected geographical indication status to Romania’s Jidvei wine. The new status offers recognition for the distinctive qualities of the wine. The brand encompasses white, rosé, red, sparkling, semi-sparkling, and liqueur wines produced from grape varieties grown in the Alba region, in central-western Romania. The vineyards in […]
Romania's pavilion at the Osaka World Expo 2025, which will take place from April 13 to October 13, was built with a focus on sustainability, including contributions from Romanian workers. The pavilion also highlights Romania's national resources. The mascot for the expo is a pelican named Haru (meaning "spring" in Japanese), symbolizing the importance of […]
Examin, a Romanian startup specializing in AI-powered video analytics, has secured EUR 200,000 in pre-seed funding from a private investor. The funds will be directed toward a market-ready product, creating an AI-driven prototype for quality inspection in manufacturing processes (AI Quality Inspection), developing its first AI Video Analytics camera, expanding the team, and scaling marketing […]
The beginning of 2025 brought increased pollution in the Bucharest-Ilfov area, as traditional pollutants such as cars and heating systems met low wind speeds, high humidity, and thermal inversion. The latter three prevent pollutant particles from dispersing and instead keep them at ground level. As a result, the level of pollution has doubled in the […]
Update: DNA confirmed that Sinaia mayor Vlad Oprea had been detained for 24 hours beginning January 23 on charges of bribery in continuous form, conducting financial operations incompatible with his position, false in asset declarations, abuse of office, and influence peddling. The prosecutors also said that Oprea indirectly received a total bribe of EUR 238,000 […]
Prosecutors from Romania's National Anticorruption Directorate (DNA) reportedly detained Vlad Oprea, the mayor of the popular mountain town of Sinaia, for 24 hours on Thursday, January 23. He faces corruption charges in a case investigated by the DNA, with further searches set to take place at the Sinaia City Hall later today, in the presence […]
