The average apartment prices in Brașov and Sibiu doubled between September 2019 and September 2025, while the price of apartments in Bucharest rose by 70%, according to an analysis by real estate platform Storia. Among the major cities in the country, the slowest growth rate was in Timișoara, where prices increased by 53%.
Average apartment prices have increased in the last 6 years in all major cities in Romania, but the increases were not uniform at the national level,
The Ministry of Foreign Affairs (MAE) announced the resumption of consular activities in Odesa through an itinerant format, as part of efforts to reopen the Romanian Consulate General and provide consular assistance and protection to Romanian citizens in the region. Thus, between October 16 and 28, an interim chargé d’affaires is conducting the first itinerant […]
ONV LAW launches Digital Assets & Web3 (Code/Lex), a new practice area dedicated to technology companies and investors operating in cryptoassets, blockchain, and AI. The ONV LAW team provides integrated legal support to technology companies, blockchain startups, Fintechs, AI solution providers, as well as investors seeking expansion in Eastern Europe. The team is led by […]
Over 10,000 Romanian children were born in Italy in 2024, contributing the most to the birth rate in the peninsula, relative to the number of people, Digi24 reported. The 2024 birth rate is Italy’s lowest in the past century. A historic low of fewer than 370,000 children were born last year on Italian territory. ...
The Ministry of Development announced that it will finance the reconstruction of the apartment building on Calea Rahovei in Bucharest, which was destroyed by the explosion on October 17 that killed three people and injured 15 others. In this sense, the ministry has published for public consultation a draft emergency ordinance that expands the scope […]
DocProcess, the technology company founded by Romanian entrepreneurs Daniela and Liviu Apolozan and recently integrated into the French group AGENA3000, announced the appointment of Jacky Huet as general manager of DocProcess Romania. With more than 30 years of experience in the software industry across EMEA and America, he brings extensive expertise in domains such as […]
Promenada Mall, owned by NEPI Rockcastle, has completed the first phase of its food court modernization. With this, the mall located in Bucharest’s District 1 adds eight new tenants. In addition, three restaurants will reopen in modernized spaces starting this October. The transformation of the 1,000-sqm food court includes new furniture and a complete redesign. […]
