The number of building permits for residential buildings decreased by 1.3% in Romania in H1 2024, year-on-year, according to data with the National Institute of Statistics (INS) published on Wednesday.Thus, in H1 2024, 16,925 residential building permits were issued. Decreases were recorded in the following development regions Centru (-281 permits), Nord-Vest (-224) and Sud-Est (-38), and increases in Bucharest-Ilfov (+141 permits), Vest (+88), Sud-Muntenia (+46), Sud-Vest Oltenia (+39), and Nord-East (+14).According to INS, in June 2024, 2,875 residential building permits were issued, down 5.7% on a monthly basis, of a total usable area of 625,690 sqm (-10.4%). Of the total residential building permits, 70.7% were for the countryside.In June 2024, there was a monthly decrease in the number of residential building permits (-175 permits). The decrease was reflected in the following development regions: Nord-Est (-99 permits), Nord-Vest (-53), Sud-Muntenia (-41), Sud-Vest Oltenia (-40), Centru (-17,) and Vest (-15). Increases were recorded in the development regions of Bucharest-Ilfov (+73 permits) and Sud Est (+17).
Romanian prime minister Ilie Bolojan stated during an interview on Wednesday, December 17, that there should be no statute of limitations in cases of serious corruption. The statement comes after a Recorder investigation, which showed that several heads of the major institutions in the Romanian justice system allegedly delayed trials for years until wrongdoings were […]
President Nicușor Dan has challenged, before the Constitutional Court (CCR), the constitutionality of the law that requires that at least 40% of the athletes who play on a team in official national competitions be Romanian. Dan noted that the law violates the principle of non-discrimination and the free movement of workers, enshrined both in the […]
Craiova International Airport will open its new passenger terminal on Thursday, December 18, completing a major infrastructure investment aimed at significantly expanding capacity and improving air connectivity in southwestern Romania. It is part of a broader expansion and modernization project financed through the Large Infrastructure Operational Programme (POIM) 2014–2020, with a total value exceeding EUR […]
Romania is set to be connected to the Western European energy network thanks to grid investments worth EUR 30 billion. The funds will be provided by the EU by 2035, and the project will link Romania to Hungary and Austria in a joint project. Romanian energy minister Bogdan Ivan signaled the signing of the new […]
Franck Bagouet has been appointed managing director of TotalEnergies Marketing Romania SA and managing director of Automotive Southeast Europe Hub TotalEnergies Marketing. He succeeds Didier Grimault, who has accepted a new position within the TotalEnergies company. “I am glad to join this dynamic affiliate and confident that, together with our talented team, we will reinforce […]
Databricks, the data analytics and artificial intelligence company co-founded by Romanian professors Ion Stoica and Matei Zaharia, announced on Tuesday, December 16, that it is raising USD 4 billion in funding at a valuation of USD 134 billion, according to CNBC. The new valuation represents a 34% increase compared to the August round, when Databricks […]
