About 74,500 residential units were sold in Romania in the first six months of this year, down 3.4% from the figure recorded in the first half of 2024, according to a market analysis issued by real estate consultant SVN Romania based on official statistics of the National Agency for Cadastre and Land Registration. Almost 25,700 residential units were sold in Bucharest and Ilfov, down 7.9% compared to the first half of last year. This decline was determined by the low volumes in Bucharest, down about 10% compared to H1 2024, while residential sales registered in Ilfov increased by 5% compared to the same period of 2024. The different annual variations between the two areas can also be explained by the decrease in the stock of new homes available for sale in Bucharest, simultaneously with the delivery of an increasing number of homes in the neighbouring localities of the Capital city. “2024 saw the lowest number of residential unit deliveries in Bucharest and its surroundings in the last five years. For this year we estimate an equally low volume of deliveries, a factor that is already showing its negative effects on home sales in the region. The decline in home deliveries is the biggest problem for Bucharest’s residential market – at a national level, for example in Cluj-Napoca, a market which is more expensive than Bucharest, more homes were sold in the first half of 2025 compared to the same period of 2024. And, unfortunately, the delivery issue in Bucharest will not improve in the short term,” said Andrei Sarbu, the CEO of SVN Romania. Constanta became the second residential regional market in Romania in terms of residential sales (after the Bucharest–Ilfov region), with an annual increase in sales of 23.6% in H1 2025. Next in the ranking is Timis county, were residential units sold in the first half of this year decreased by an annual rate of 4.5%. Cluj is next, with residential sales registered here being 12.7% higher than those registered in the first half of last year, while Brasov saw an annual decline of 9% in the first semester of 2025.
Céline Gauer, the director general of the Recovery and Resilience Task Force (or RECOVER) at the European Commission, arrived in Romania on Tuesday, July 15, to meet with officials regarding the implementation of the National Recovery and Resilience Plan, or PNRR. As the coordinator of the PNRR, which offers funding in the form of advantageous […]
Aluminium producer ALRO, a subsidiary of Vimetco PLC from Cyprus, celebrated 28 years on the Romanian stock exchange (BVB) and 60 years of uninterrupted industrial activity. Its market capitalization has increased nearly 21 times since its listing and now exceeds RON 1 billion. The company’s history began with the first batch of Romanian aluminium, on June […]
Something is quietly shifting in Romania. In places where paperwork, patchy Wi-Fi, and long queues once ruled, change is starting to show. Towns are more connected, cities are getting smarter, and essential services are beginning to live online, not in line. A tidal wave of digitisation is common to other areas of the globe, that’s […]
Several segments in Romania's A7 and A8 highway projects have lost funding from the National Recovery and Resilience Plan (PNRR) due to project delays, the minister of investments and European projects, Dragoș Pîslaru, announced on Tuesday, July 15, as reported by Biziday.ro. He did not specify which segments of these highways were affected. The statement […]
Real estate developer Redport and businessman Dan Șucu officially inaugurated the showroom for their latest residential project, Vitality Est, and announced the start of construction work on the site near Pantelimon Park and Lake in eastern Bucharest. The project, estimated at EUR 50 million, will include 500 apartments and 400 square meters of commercial space. […]
According to an analysis from real estate consultant Colliers based on National Bank of Romania data, Romanians spent more than EUR 3 billion on international travel in the first four months of 2025, 15% more than in the same period of 2024. If the current pace continues, Romanians’ spending on foreign holidays and business travel […]
