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Economic
Deloitte Study: Labor and construction costs, top concerns of real estate developers în Romania
Tuesday, March 25, 2025
Construction labor cost and availability become the main concern of real estate developers in Central Europe in 2025 (26%), surpassing project financing, the dominant issue in recent years, followed by construction costs (20%) and plot acquisition for future developments (18%), according to Deloitte 2025 Real ...
Agriculture: EPPO conducts searches in investigation into €850 000 fraud involving irrigation systems
Tuesday, March 18, 2025
The European Public Prosecutor’s Office (EPPO) in Iasi (Romania) conducted four searches on Thursday in the Galati county, in an investigation into a €850 000 fraud involving a project for modernising irrigation systems, funded by the EU, ...
Healthcare: Study: Vaccination rates declining for essential vaccines
Tuesday, March 18, 2025
Vaccination rates are declining for two essential vaccines - the MMR (measles, mumps, rubella) vaccine and the pneumococcal vaccine, with identified causes including misinformation on social media, the elimination of school vaccinations and isolation in rural areas, according to the study "Barriers to Vaccination in Rural Areas: Perspectives of Family Doctors and Community Nurses," launched by the Save the Children Romania organisation on last Thursday.Thus, ...
Romanian Society of Nephrology calls for priority CKD diagnosis, treatment
Tuesday, March 18, 2025
The Romanian Society of Nephrology on Thursday called for early diagnosis and treatment of chronic kidney disease (CKD), a condition that affects the lives of approximately 1 in 10 Romanians to remain a priority.According to statistics, in Romania, only 10% of people with CKD are diagnosed in the early stages."The kidneys don't hurt, but CKD can affect you silently. Do your tests, go to the nephrologist and protect your life!", is the ...
Infrastructure: Analysis: 2024 a record year for infrastructure in Romania
Tuesday, March 18, 2025
197 km of highways and express road were completed in 2024, a record for infrastructure in Romania. Of them, 100 km were part of Highway A7 (Moldova Higway). However, according to deadlines for completed works published by the National Road Infrastructure Management Company (CNAIR), 2025 could yield special results for highways. If all deadlines are observed, over 300 km of highway and 29 km of express ...
Romania implementing projects for modernisation of 8,500 km water pipes and 9,500 km sewerage pipes
Tuesday, March 18, 2025
Romania is currently implementing projects for the modernisation of 8,500 km of water pipes and 9,500 km of sewerage pipes in approximately 900 localities, Minister of Investments and European Projects Marcel Bolos announced."For hundreds of thousands of Romanians, this means no longer relying on wells or unsafe water sources, having functional bathrooms in their homes, and living in decent conditions. It is essential to accelerate these works because ...
Trade: Romania's eCommerce market to exceed EUR 8.8 billion in 2025
Tuesday, March 18, 2025
Romania's e-commerce market will exceed EUR 8 billion in 2025, after reaching EUR 7.7 billion in 2024, according to estimates in a special report published on last Wednesday.According to the second edition of "eCommerce Insights 2025", conducted by MerchantPro, despite the difficult geopolitical and socio-economic context, the local eCommerce market showed high resilience and a good ability to adapt, reporting a growth of 8%, significantly higher than the ...
Real Estate: Housing deliveries in Bucharest remain at a low level in 2025
Tuesday, March 18, 2025
Approximately 18,000 new homes could be completed in Bucharest and its surroundings in 2025, according to the market report “Romania Residential Market Genome” issued by real estate consultant SVN Romania. This volume is as low as the one registered in 2024, when the lowest level of residential deliveries in the recent five years was recorded. Almost 17,000 new homes were completed in 2024 in Bucharest – ...
Fewer Romanians can afford to buy a home
Tuesday, March 18, 2025
Only 73% of urban Romanians own their home, significantly below the official 95% statistic, according to a survey of 1,000 respondents conducted earlier this year by Unlock Market Research for Colliers. Interest in homeownership has dropped from around 44% in previous years to 35% in 2025, driven by rising property prices and stricter lending conditions. Meanwhile, only 6% of non-renters plan to move ...
Completed housing units in Romania, down 10,667 in 2024
Tuesday, March 18, 2025
The number of housing units completed in Romania in 2024 was 60,787, down 10,667 units year-on-year, according to provisional data published on Wednesday by the National Institute of Statistics (INS).According to official statistics, in 2024, there was an increase in the share of completed housing in rural areas in 2024, from 39% in 2023 to 43% in 2024, and a decrease in urban areas, from 61% to 57%.A breakdown by financing funds for ...
Cushman & Wakefield Echinox: The average cost of fitting out offices in Bucharest increased by 12% in 2024
Tuesday, March 18, 2025
The average office fit-out costs in Bucharest increased by 12% in 2024 compared with the previous year, surpassing the €1,000/ sq. m threshold. This evolution aligns with regional trends, as most capital cities have seen cost increases ranging between 8-15%, according to data from the Cushman & Wakefield Echinox real estate consultancy company, based on the Fit-Out Cost Guide 2025. Key factors driving this ...
Land continues to be a strategic investment despite political and economic uncertainty
Tuesday, March 18, 2025
Romania’s land market remained stable in 2024, with transaction volumes close to the 450 million euro recorded in 2023, despite an economic and political climate marked by uncertainty, according to Colliers’ annual report. Bucharest and its metropolitan area continued to be the main hub for transactions, accounting for 80% of the total, while residential projects made up 70% of these deals. Land plots with approved urban planning documentation preserved ...
Telecom. IT: Study: Romanians consider digitization beneficial, but its rate is different in private and state sectors
Tuesday, March 18, 2025
59% of Romanians consider digitization is beneficial, while 52% think it has a positive impact on the quality of life, but the transformation rate is seen as unequal between the private and state sectors by 49%, according to an Ipsos study made by Edge Institute and released on last Wednesday. At present, Romnaia has an average digitization level, according to respindents' perception, with ...
Trade: Over 19% decrease in retail turnover in January 2025, compared to end of 2024
Tuesday, March 11, 2025
The volume of turnover in retail trade (except for trade in motor vehicles and motorcycles) decreased in the first month of the current year compared to December 2024, as a gross series, by 19.4%, and as a series adjusted for the number of working days and seasonality it increased by 0.1%, according to data from the National Institute of Statistics (INS) released to the public on Thursday.The decline in the volume of turnover in retail trade (except for trade in motor ...
Eurostat: Retail sales dropped in EU but grew in Romania in January
Tuesday, March 11, 2025
Retail sales in EU and the euro area slightly dropped in January compared to December, but Romania is among member states where sales grew from one month to the other, according to data released by Eurostat on last Thursday. According to the European office , retail sales dropped by 0.3% in the euro area and by 0.2% in EU in January 2025 compared to December 2024. However member states wth the most important retail sale increases were: Slovenia ...
Alcoholic beverages market in Romania is growing, estimated at $5.4 billion in 2025
Tuesday, March 11, 2025
The alcoholic beverages market is one of the most dynamic consumption sectors in Romania, with revenues reaching $5.2 billion in 2024, and for this year the estimate is $5.4 billion, according to a specialized study published on last Thursday.With an average annual per capita consumption of 11.08 liters of pure alcohol, Romania is among the significant markets in Europe, says the study conducted by the communication and marketing agency The M Works (formerly McCann PR), ...
Cars: APIA: New car registrations up by 5.4 pct in February 2025 in Romania
Tuesday, March 11, 2025
New car registrations increased by 5.4% in February 2025 compared to the same month in 2024, up to 11,779 units, according to preliminary data published on Monday by the Automotive Manufacturers and Importers Association (APIA).According to statistics from the Directorate General of Driving Licenses and Vehicle Registration (DGPCI), compared to the reference period, 100% electric cars registered a decrease of 35%, and a market share of 6.1%.The top three ...
Green car registrations up 17.3 pct in February, electric cars down 34.8 pct
Tuesday, March 11, 2025
Electrified cars registered a 17.3% increase in registrations in February compared to the same month in 2024, while fully electric cars reported a 34.8% drop and a 6.1% market share, according to data published Wednesday by the Association of Automobile Manufacturers and Importers (APIA), based on statistics from the Directorate of Driving Licenses and Vehicle Registration (DRPCIV).Overall, in the reference period, registrations of new motor vehicles decreased by 1.6% ...
Tourism : Arrivals in tourist reception structures, up by 10.2% in first month of 2025
Tuesday, March 11, 2025
Arrivals recorded in tourist reception structures (including apartments and rooms for rent), in January 2025, totaled 847,300 people, up 10.2% compared to January 2024, according to data published on Wednesday by the National Institute of Statistics.Of the total number of arrivals, in January 2025, the arrivals of Romanian tourists in tourist reception structures with accommodation functions represented 84.2%, and the arrivals of foreign tourists 15.8%.Overnight ...
Romanian hotel market, record 25 million overnight stays in 2024
Tuesday, March 11, 2025
The Romanian hotel market is undergoing a period of accelerated growth, reaching a record of more than 25 million overnight stays in 2024, the highest level in the last 30 years, driven by an increasing number of foreign tourists and a high demand for modern hotels, according to the annual report published by Colliers.According to the cited source, Romania's international visibility is on the rise, and its accession to the Schengen Area in 2025 could boost the flow of ...