The number of homes put into use in Romania, in Q1 2024 was down by over 6,1000 units, compared to the same period of 2023, according to the National Institute for Statistics (INS). According to the quoted source, during the analysed period, 25,936 dwellings were put into use, down by 6.141 dwellings, compared to the same period of the previous year. In terms of residential areas, most new homes were in the urban environment, 56.1% of the total. Speaking about the financing sources for the dwellings, in Q1 2024 as compard to Q1 2023, the number of dwellings made out of private funds (-6.386) was lower but the number of dwellings made out of public funds (+245)was higher. The INS data show that, by the end of June this year, speaking about regional distribution, there was a drop in the number of dwellings completed in all development regions: Bucharest-Ilfov (-2,193), South-East (-1,494), Centre (-926), North-East (-779), South -Muntenia (-370), West (-222)South-West Oltenia (-106) and North-West (-51). As for Q2 2023, during the same interval of this year, most dwellings were built in urban environment (57.7%)and depending on the financing funds, there was a drop in the number of dwellings made out of private funds (-2,508)but there were built out of public funds (+336). From the regional point of view, there are drops in the completed dwellings in the following development regions: Bucuresti-Ilfov (-680), South-East (-669), South-Muntenia (-275), Centre (-264), North-West (-143), North-East (-138) and West (-100). On the other hand, at the level of Q2 2024, there were increases in the number of completed dwellings in the development region: South-West Oltenia (+97).
Gold has been one of the most sought-after assets for centuries, and in the modern era, it has become a highly popular component of investment portfolios. A preferred asset for protection against economic risks, gold has delivered attractive long-term returns, increasing by approximately 8% per year over the past two decades. Since the end of […]
JTI Romania is the Top Employer for the 12th year in a row, being ranked third amongst 44 companies locally awarded, after an assessment conducted by the Top Employers Institute. The company was rated for about 20 criteria such as leadership, talent acquisition, on-boarding, digital HR, work environment, career development, learning, ethics & integrity, diversity, […]
Romanian defense minister Angel Tîlvăr stated that the contract for the Patriot system, which will replace the one ceded by Romania to Ukraine, is expected to be signed in February. The minister commended the decision of the United State government to approve the delivery of three Patriot systems to Romania. Raytheon stated it will collaborate […]
Romanian companies are entering 2025 with cautious optimism, focusing on managing risks and controlling costs, according to the Deloitte 2025 Romania CFO Survey conducted at the end of last year among approximately 130 Chief Financial Officers (CFOs). Most of the Romanian CFOs predict an increase in revenues for this year (58%), but their share has […]
Several employees of the Romanian Senate began protesting and booing while the president of the upper Chamber was announcing that staff restructuring would be implemented to reduce public spending. Ilie Bolojan, president of the National Liberal Party and head of the Senate, announced a reduction in the organizational chart from 796 positions to 618 positions. […]
The members of the Romanian angel investor network TechAngels put EUR 2.757 million in direct investments in tech startups in the second half of 2024, almost triple the amount invested in the year's first half. The investments for the entire 2024 rose to EUR 3.777 million, a 25% year-on-year increase. The rounds backed by TechAngels […]
