VAUNT, the sales management platform dedicated to residential developers, which also develops a marketplace for investors interested in buying apartments in Europe, reported client transactions of around EUR 210 million in the first months of the year. More than 70 clients manage over 20,000 properties for sale or rent through VAUNT, in addition to those already sold in the tech startup’s 3 years of operation. VAUNT facilitates the sales process for real estate developers through a series of modules it provides for lead management, marketing campaigns, closing contracts, transaction tracking and more. In the first 6 months of the year, 14 new Romanian residential developers started using VAUNT. In total, VAUNT customers manage over 20,000 units on the platform. The most important trends of this half of the year, according to data aggregated by VAUNT, indicate: Buyer’s preference for 2-room apartments Fewer but more valuable transactions – the average value of a transaction being approx. EUR 115,800 The development of the city of Constanta as the next real estate hub, both for the residential market and for the other verticals The third quarter comes with positive results for VAUNT and its partners, who managed through the platform properties sold with approximately EUR 103 million in transactions. VAUNT aims to expand its client portfolio both in Romania and in the region. VAUNT Market emerged in a context where the local and regional markets have not yet fully stabilized, but the potential for return on investment is high. VAUNT Market is a marketplace for properties in Europe, which also comes with know-how and support for those interested in purchasing one of the apartments curated by the VAUNT team. Interested investors currently have the option to sign up for a waiting list. After the marketplace is officially launched they will benefit from access to European properties, as well as advice on the purchase of an apartment. “Romania’s entry into the OECD brings benefits for the residential market. It will show that we are a stable country from an investment point of view, we will enter economic statistics, we will become much more attractive for new projects both residential and commercial or mixed.” – Irina Constantin, CEO & Co-founder at VAUNT.
The Romanian chain of stores Contakt, a leader in mobile phone accessories retail, announced its entry into the Czech market this week. The company is currently conducting an initial public offering (IPO) on the Bucharest Stock Exchange (BVB). Contakt has already signed for two locations in Prague, in premium retail areas located in high-traffic malls. […]
Romania is expected to be affected by a mass of Saharan dust between November 21 and 23, according to the National Meteorological Administration (ANM), as reported by Digi24. The airborne particles, carried by a south-westerly air flow, will spread across much of the country, with dust deposits becoming visible particularly in areas...
Romania’s business landscape has undergone a significant transformation, with company revenues tripling and profits increasing more than fourfold between 2008 and 2024, according to a comprehensive study released by Termene.ro. Based on official financial data, the research highlights what analysts describe as the country’s entry into a “new normal” of economic maturity. The study showed […]
The former Romanian midfielder Gheorghe Hagi is in 82nd place in the ranking of the greatest footballers of all time, compiled by international sports magazine The Athletic, cited by TuttoMercatoWeb. In the opinion of The Athletic, the greatest...
Romania has considerably increased its budget for healthcare in recent years, but it remains last placed in the European Union, with EUR 971 per inhabitant going to the health system, Digi24 reported. Most of this amount is spent on the salaries of doctors and nurses. The EU average regarding...
A truck belonging to a Moldovan transport company loaded with weapons was detected at the Albita Customs, at the entrance to Romania, on November 20, Europa Libera Romania reported. According to the documents, it was intended for an Israeli beneficiary, but this has not been...
