The number of residential building permits issued in Romania in the first five months of the year was 0.5 percent down from the year-ago period, shows data released on Friday by the National Institute of Statistics (INS).As many as 14,050 residential building permits were released between January 1 - May 31, 2024, with lower numbers of such authorizations recorded in the following development regions: Center (-237 permits), North-West (-122) and South-East (-59).Conversely, the following development regions saw an increase in the number of permits in the reporting period as follows: West (+108), Bucharest-Ilfov (+76), South-Muntenia (+64), South-West Oltenia (+5).As many as 3,050 residential building permits were released in May 2024, by 528 (14.8 percent) fewer compared to April 2024, for a total usable floor area of 698,534 sqm (-19.2 pct). Of the total residential building permits, 68 percent were for the rural area.The distribution by development regions of the decline in the number of permits released this May is as follows: South-Muntenia (-116), North-East (-106), West and Bucharest-Ilfov (-83 each), North-West and Center (-80, each), and South-East (-4). Conversely, the Southwest Oltenia development region saw an increase by 24 permits.As many as 516 building permits were issued this May for non-residential buildings (-13.9 percent as against April 2024) for a total usable floor area of 260,154 sqm (-57.2 percent). Compared to the previous month, the usable floor area covered by the non-residential building permits issued in May was by 347,246 sqm smaller, with the decline distributed by development regions as follows: Bucharest-Ilfov (-279,645 sqm), North-East (-52,856 sqm), North-West (-39,980 sqm), South-West Oltenia (-15,868 sqm), and South-East (-3,650 sqm). Increases were registered in the West (+27,973 sqm), Center (+13,685 sqm) and South-Muntenia (+3,095 sqm) development regions.A year-on-year comparison reveals an overall decrease in both the number of residential building permits issued this May (-11.6 percent), and in the total usable floor area (-7.3 percent), with the following distribution by development regions: North-West (-106 permits), North-East (-104), West (-44), South-East (-39), Center (-37), Bucharest-Ilfov (-33), South-West Oltenia (-24), and South-Muntenia (-12).Compared to May 2023, in May 2024 there was a decrease in both the number of issued non-residential building permits (-20.1 percent), and the total usable floor area (-24.3 percent).The breakdown of the year-over-year decline in the usable floor area covered by non-residential building permits (-83,444 sqm) is as follows: South-Muntenia (-53,998 sqm), West (-38,919 sqm), Bucharest-Ilfov (-8,466 sqm), North-East (-5,359 sqm) and South-West Oltenia (-1,944 sqm). The development regions to record a rise in the non-residential usable floor area were Center (+17,829 sqm), South-East (+5,983 sqm), and North-West (+1,430 sqm).
Some dinners are eaten. Others are remembered. At Corinthia Grand Hotel du Boulevard, the past few months have unfolded like a quiet culinary opera. One by one, Europe’s most celebrated chefs arrived, took over the kitchen of Boulevard 73 and left behind more than menus; they left stories. Now, on December 4, the curtain falls. […]
HORIZON CITY, a €130 million residential project, is emerging as one of the most solid and forward-thinking developments in the Pipera area—both through its scale and through the modern direction it sets for the new residential standards in the north. Developed across nearly 23,000 sqm, with 699 apartments and 926 parking spaces, the project brings […]
Romania’s National Forest Administration, or Romsilva, announced that it is putting over 16,000 Christmas trees up for sale over the winter in a press release published on Thursday, November 27. The trees can be purchased directly from the offices of the forestry districts. Prices range between RON 17 (EUR 3.3) for a spruce...
Lot 3 Pietroasele–Buzău of Romania's A7 highway, also known as the Moldova highway, was inaugurated on Thursday, November 27. The newly inaugurated segment is 13.9 km long. The A7 connects Romania’s historic regions of Muntenia, the southern part of the country, with Moldova, the eastern part. “We are opening another 13 km of the Moldova Motorway […]
The City Hall of Sinaia, a popular mountain town roughly 120 km north of Bucharest, announced that a new attraction, the alpine coaster on Pârtia Nouă, will officially open on December 1. The installation, located in the ski area near the Sinaia Gondola, features what the authorities say is the longest track of its kind […]
The Romanian national team debuted with a victory in Group A of the Women’s Handball World Championship, organized in the Netherlands and Germany. Romania won 33–24 (13–12) against Croatia in the Ahoy Arena in Rotterdam on Thursday, November 27. The Romanian team dominated the match in the second half, left backer Sorina-Maria Grozav scoring 7 […]
