About 2,000 residential units are under construction now, while three quarters (76%) of real estate projects in Romania are no more than 4 stories high. “More of half of real estate investments in Romania (57%) are in the stage preceding construction – obtaining building license – a month after the beginning of war in Ukraine,” according to an analysis made by Faraagentie.ro. The analysis shows there are question marks about inflation, the price of building materials, as well as the effects of more expensive credits in Romania. We will see how the construction market will evolve, considering that most residential investments will begin in 2023 or 2024. Thus, about 2,000 ensembles are under construction now, that is 28% of projects analysed. The company analyzed the market of new residential units to see the main tendencies in the market. The analysis includes 6,403 building sites which represent constructions of residential ensembles and apartment buildings. Three quarters (76%) of real estate projects in Romania are no more than 4 stories high. They are easier to build and do not involve the complexity of higher buildings. Another explanation is the fact that in many urban areas these investments get licenses from developers more easily. At country level, IBC Focus identified 439 residential projects at least 10 stories high. Top 5 cities where the highest residential buildings are being built are : Bucharest (175), Constanta (42), Brasov (35), Iasi (33), Timisoara (27). “The fact that Cluj is not included in this top although it ranks first in the top of the most expensive apartments in Romania is interesting. More high residential projects are expected in this city in order to optimize the real estate investment by investors,” the company shows. The year 2022 remains uncertain in the area of residential investments considering the fact that there are many projects to be initiated. However, the fact that 13% of new ensembles in the construction stage are sold out before being completed is an optimistic argument. For instance, 33% of real estate ensembles in construction in Cluj are sold out. Besides the effects of war in Ukraine that can influence the demand for new houses, the biggest problem of real estate developers concerns the predictability of building costs when the rising price of materials and manpower in constructions, doubled by the higher prices in architecture dives headaches to investors and builders, he says. Also, there is a barrier coming in the legislative domain: obtaining building licenses and, according to areas, certain restrictions imposed more and more often by the authorities. Faraagentie.ro is a freemium project developed by IBC Focus where the developers' promotion is free and so is the customers' access when they try to buy houses. IBC Focus is a company set up 16 years ago, active in the market of building site and building projects monitoring in Romania.
The ECOTECA Association, in partnership with the Ministry of Environment, Waters and Forests, is organizing the conference “Return & Recycle Insights – 2 Years of DRS in Romania”, which will take place on 26 November 2025, between 09:00 – 13:00, at the Bucharest University of Economic Studies (ASE). The event will bring together representatives […]
Nine years after opening its doors, Veranda Mall enters its most exciting chapter yet. What began as a project to breathe new life into the Obor neighborhood has evolved into one of Bucharest’s most beloved destinations for shopping, leisure, and connection. As it marks this anniversary, Veranda unveils a winter events lineup rich in culture, […]
Purcari Wineries (BVB: WINE), CEE’s leading wine producer, announced its financial results for the first nine months of 2025 on Friday, November 14. The company saw a decline of 1.46% in pretax EBITDA earnings from the similar period last year. Specifically, earnings decreased to RON 84.66 million from RON 85.92 million last year. Meanwhile, group […]
With a solid 35-year uninterrupted presence on the Romanian market, Darian—one of the longest-standing consultancy groups with fully Romanian capital—reaffirms its role as a strategic partner for the business environment. Darian marks this anniversary not through grand promises, but by strengthening its core working philosophy: acting as a “co-pilot” for complex decision-making. The company emphasizes […]
The National Bank of Romania (BNR) revised its inflation forecast upward, from 8.8% to 9.6%, for the end of 2025. The institution anticipates that inflation will reach 3.7% at the end of 2026, compared to 3% in the previous forecast, according to data presented on Friday, November 14, by governor Mugur Isărescu. Compared to the […]
The state-owned company Transelectrica (BVB: TEL), the operator of the Romanian national energy system, recorded a net profit of RON 183 million in the first nine months of the year, down 56% compared to the same period last year. Operating revenues fell by 2%, to RON 1.716 billion, mainly due to the decrease in revenues […]
