In 2020, 70% of the population in the EU lived in a household owning their home, while the remaining 30% lived in rented housing. The highest shares of ownership were observed in Romania, where 96% of the population lived in a household that owned their home, followed by Slovakia (92%), Hungary and Croatia (both 91%). In all Member States, except for Germany, owning is most common. In Germany’s case, half of the population lived in a household owning their home and the other half in a rented home. The shares of homeownership were lowest also in Austria (55%) and Denmark (59%). Eurostat data also show that, at EU level, 53% of the population lives in a house and 46% in an apartment, while the remaining 1% live in another type of space such as a house on rivers, caravans, etc. Ireland with 92% is the country with the highest percentage of people living in a house, on the other hand being Spain where 66% of people live in an apartment. In Romania, 65.9% of the inhabitants live at home and 34.1% live in an apartment. But Romania ranks last in the EU when it comes to housing size, measured by the average number of rooms per person. While in the EU the average is 1.6 rooms for one person, in Romania it is 1.1 rooms for one person. The best in this respect are Malta with 2.3 rooms per person, followed by Belgium and Ireland, both with 2.1 rooms per person. Also, when it comes to the quality of housing, which can be measured in several ways including the percentage of the population living in a crowded home, Romania is the country with the highest congestion rate (45.1%), while At EU level, less than 18% of the population lived in a crowded home in 2020, down from 19.1% in 2010.
Romanians are worse off now compared to 6 months ago, and 2026 will also be difficult, but from 2027 and then on, there is hope, said president Nicusor Dan during an interview with Romania TV. The government targets a deficit of 8.4% of GDP this year, marginally below 8.65% of GDP in 2024. To tackle […]
Imran Vilcassim, Chief Commercial Officer, Digital Platforms at BPC, explores how Romania’s booming digital payments outpace merchant readiness and why mobile POS is emerging as the practical solution. Romania’s digital payments volumes are rising fast, but merchant infrastructure isn’t keeping up. Independent market models estimate total digital payments will reach nearly
The attributes needed to reach the top of the business hierarchy, how to motivate and support the teams one works with, and how to tackle the unavoidable challenges that arise along the way were among the topics discussed at the event Inspiring Women in Business, organized by La French Tech Bucharest. Making it to a […]
More than half of the elderly people in urban areas in Romania face loneliness, and almost 310,000 of them experience it at a high level, according to a study conducted by the Association Never Alone, Friends of the Elderly, in partnership with Kantar Romania. The study, carried out in August 2025 on a representative sample […]
Square 7, part of retail park investor M Core, officially inaugurated its new Bucharest office last week, marking an important milestone for the company. More than 150 guests joined the event, including partners, collaborators, and team members. M Core is a family of property investment and management companies comprising LCP, Sheet Anchor, Proudreed, and Sheet […]
Real estate developer Hagag Europe Development has expanded its Romanian operations into the energy sector with the acquisition of BTD Distribuție și Furnizare, a local company specializing in natural gas infrastructure, distribution, and supply. The company has opened a new local division - Hagag Energy - and announced plans to invest more than EUR 400 […]
