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Land transactions for commercial real estate projects in Romania near EUR 200mn in H1 2025
Tuesday, August 26, 2025
The estimated value of land transactions for commercial real estate projects (excluding industrial) in Romania neared EUR 200 million, below the level reported for the same period in 2024, but with more positive prospects for the second half of the year and for 2026, reveal findings of a specialist survey published on Tuesday.According to the latest Colliers report, after a 2024 marked by political uncertainty, a general ...
Apartment prices decrease slightly nationwide in July
Tuesday, August 26, 2025
Price for apartments put up for sale, regardless of their age, reached, by the end of July, the value of 1,829 euros/usable sq m, slightly decreasing from 1,854 euros/usable sq m, at the beginning of the summer, shows data released by the Imobiliare.ro Index, published on last Thursday.According to the study, despite this small drop, apartments in Romania remain significantly more expensive than in July 2024, when ...
Colliers: Flexible offices remain relevant in an ever-evolving real estate landscape
Tuesday, August 26, 2025
In a context still defined by the transition to hybrid work, cost pressure, and the need to attract and retain talent, flexible workspaces offer a solution to many of these challenges. With a share of just 2.3% of the total modern office stock in the Capital, at a level comparable to Dublin or Prague, Bucharest is below the average seen in mature European markets. Currently, Bucharest has over 50 locations operated by nearly 30 ...
Trade: Romania, in top three countries in Europe in bicycle sales
Tuesday, August 26, 2025
Romania remains in the top 3 markets with the fastest growth in bicycle sales in Europe in the last three years, the cities with the most purchases being Bucharest, Timisoara, Cluj, Brasov and Constanta, according to data from a retailer specialized in the trade of sporting goods.According to Decathlon Romania, the children's bicycle segment remains the most important, supported by the high interest of parents in teaching their little ones to pedal. Thus, ...
Tourism : Over €80M Invested in Sovata Hotels to Boost Spa Tourism
Tuesday, August 26, 2025
Sovata Resort continues to grow and attract tourists through major investments made in recent years. In the past five years, four four-star hotels have opened here, while another underwent extensive renovations. During the same period, three three-star hotels were modernized, and numerous guesthouses, villas, and other accommodation units were built or refurbished, transforming the tourist offering into one that is both diverse and ...
Survey: Half of Romanians choose to spend their summer vacation in Romania
Tuesday, August 26, 2025
Half of Romanians spend their summer vacation in Romania, and as a destination, 23% chose to go to the sea, almost 20% to the mountains and a little over 7% choose to go to relatives/the country, according to a survey conducted by CEC Bank, in partnership with the banking comparator FinZoom.ro.According to the cited source, approximately 33% of Romanians claim that they are not going on vacation at all this summer, while 16.75% say they are spending their ...
Healthcare: Survey:Medical sector, considered the safest field to work in this period
Tuesday, August 26, 2025
Over a quarter of Romanians (27%) consider that the medical sector, both private and state, is the most stable in terms of jobs during this period, according to a survey conducted by an online recruitment platform.The research published on last Thursday by eJobs also reveals that 24.1% of respondents are betting on the public sector, while a similar share (24%) would choose the food industry.Also, the pharmaceutical sector is another area ...
Cars: Motor vehicle trade records turnover increase of 3.5%, as gross series, in first 6 months
Tuesday, August 26, 2025
Business in the motor vehicle trade increased in Romania by 3.5%, as a gross series, in the first six months of this year, compared to the similar period in 2024, according to data published on Thursday by the National Institute of Statistics (INS).According to the cited source, during the period January 1 - June 30, 2025, increasing volumes were recorded in: motor vehicle maintenance and repair activities (+20%), trade in motorcycles, related parts and ...
Rabla 2025: Eco-voucher worth 18,500 RON for electric car purchases
Tuesday, August 26, 2025
The eco-voucher for electric or hydrogen fuel cell vehicles under the "Rabla 2025" programme will be worth 18,500 RON, according to the amendments stipulated in the Funding Guide submitted to public consultation by the Ministry of Environment, Waters and Forests (MMAP)."The 'Rabla' programme is not just about replacing an old car, but remains an important tool through which citizens take real steps toward cleaner air. The eco-voucher for electric ...
Infrastructure: Underground Works Begin for Cluj Metro First Phase Plans
Tuesday, August 19, 2025
Underground works on the Cluj metro are kicking off. In the first phase, the launch shaft for the machines that will drill the two underground tunnels for the metro will be built. Cluj Metro enters underground drilling phase. Construction began on the launch shaft for the tunnel boring machines that will dig the two metro tunnels. This is a complex project involving over 150 designers and ...
Wizz Air introduces 15 new routes from Romanian cities starting 2025 winter season
Tuesday, August 19, 2025
Wizz Air has announced its largest-ever network expansion in Romania for the 2025 winter season. The airline is introducing 15 new routes from Bucharest Otopeni, Cluj-Napoca, Iasi, and Brasov to popular destinations in the Czech Republic, Denmark, Finland, France, Germany, Italy, Morocco, Norway, Portugal, Spain, and Sweden. New routes from Bucharest A connection from Bucharest Otopeni to Berlin (Germany) will start on 26 ...
Trade: Analysis: Romania Nears Status as Regional E-Commerce Leader
Tuesday, August 19, 2025
Romanian e-commerce retailers are rapidly expanding into international markets, building a strong presence that outpaces many competitors in the region. Data shows that over 40% of Romanian online sales in 2024 are cross-border—more than Poland (~30%) and Hungary (~35%). International sales have become a core part of their business models. Romania’s e-commerce sector has seen unprecedented ...
EY report: Retail business models need to adapt to drive growth
Tuesday, August 19, 2025
EY and the World Retail Congress (WRC) have published a report that explores the resilience of the retail sector and its future growth prospects. This collaboration unveils the models required for retailers to thrive in today’s challenging environment drawing from interviews with retail leaders, proprietary EY research including the EY Parthenon CEO Outlook Survey and the EY Future Consumer Index, and data from Coresight Research, Oxford Economics, Capital IQ, ...
Real Estate: C&W Echinox: Companies leased office spaces for more than 7,000 new employees in H1 2025
Tuesday, August 19, 2025
The number of employees working in A & B Class office buildings in Bucharest exceeded 340,000 at the end of H1 2025, accounting for around 30% of the total workforce in the city. Companies contracted office spaces corresponding to more than 7,000 new employees in H1, with the net take-up (excluding renegotiations) totaling 64,300 sq. m, according ...
Colliers: 2025 brings increased momentum to the land market, particularly in the retail and residential sectors
Tuesday, August 19, 2025
After a 2024 marked by political uncertainty, a general wait-and-see approach and, consequently, relatively low demand, the land market has become more active in the first half of 2025. According to the latest Colliers report, interest from a significant number of buyers has revived, while new investors have entered the market. The estimated value of land transactions for commercial real estate projects (excluding industrial) approached 200 million euro, below the level ...
CBRE: Romania’s commercial property market enters consolidation phase amid high demand and declining vacancy
Tuesday, August 19, 2025
Demand for office, retail, and industrial space continued to grow significantly in the first half of 2025, leading to visible drops in vacancy rates and marking a stage of maturity for the Romanian real estate market, according to a report by CBRE Romania. Over 150,000 sqm of real estate stock was occupied, supported by the strong growth of the retail sector. Meanwhile, Bucharest’s office sector ...
Analysis: Sustained preference for older apartments among Romanian buyers
Tuesday, August 19, 2025
A shift in demand toward older apartments represents the main trend observed in the real estate market during the first half of this year, driven by an overall decline in transaction volumes amid political and economic instability, according to a specialized analysis.Market dynamics, influencing factors, key trends, and future outlook are presented in the RE/MAX Romania Real Estate Barometer, a status report on the market based on data regularly ...
Agriculture: Wheat production could reach record level in 2025
Tuesday, August 19, 2025
Romania's wheat harvest could reach 14 million tonnes this year, which would represent a spectacular increase and a record level of wheat production since 1997, but current prices do not benefit farmers at all, claims the president of the Romanian Farmers' Association (AFR), Daniel Botanoiu."After two years of problems, in 2023 and 2024, Romanian producers benefited from favourable conditions in the spring of this year. The heavy rains in April-May restored ...
Infrastructure: The number of passengers who traveled by train down 7.5pct in Q1 2025
Tuesday, August 12, 2025
The number of passengers who traveled by train in the first quarter of 2025 was 16.102 million, down 7.5% compared to the same period in 2024, according to data centralized by the National Institute of Statistics (INS).According to the same source, passenger travel decreased by 8.1% in the mentioned period.Regarding rail freight transport, there was a decrease of 18.5 % recorded in the volume of goods, against the first quarter of 2024, with an ...
Alstom unveils the design of cutting-edge Traxx electric locomotive for Romania’s ARF and launches dynamic testing phase
Tuesday, August 12, 2025
The first Traxx Universal locomotive for ARF has arrived in Romania and is undergoing dynamic testing at the Faurei Testing Centre in August 2025 Alstom publicly reveals the design of the new electric locomotive, with speed up to 200 km/h, marking a major ...