09.02.2024

Average sale prices of apartments, both old and new, increased by 17% in August compared with the year-ago month, the latest data from Storia, the real estate platform of OLX, show. more

07.10.2024

State-run natural gas producer and supplier Romgaz (SNG.RO) has modified a gas sale-purchase contract with Engie Romania, the largest natural gas distributor in Romania, as a result of the decline in more

06.03.2024

Average price of old three-room apartments in Bucharest reached EUR107,300 in May 2024, up from the EUR106,400 in April 2024, the real estate index compiled by ZF and real estate consultancy SVN more

05.17.2024

The most expensive houses for sale in the outskirts of the major cities in Romania are located on the outskirts of Bucharest and Cluj-Napoca; the only places in the country where the square meter more

05.16.2024

Prices for old apartments in Brasov rose fast in April by 21% year-on-year to an average of EUR1,930/ square meter, while the average asking price for new apartments reached EUR2,053/ square meter, 8% more

04.03.2024

The first quarter of 2024 ended with a more than 4% increase in old three-room apartment prices in Bucharest in March compared with the year-ago month, because of three areas with a double-digit rise more

11.27.2023

Climate change mitigation efforts in Romania will require public support as they entail increases in consumer prices and/or taxes, as per a World Bank report dedicated to Romania. more

09.06.2023

The asking prices of old three-room apartments in Bucharest increased in August after a slight decline in July. more

08.23.2023

Romania ranks third among European countries with cheapest housing, after Bosnia and Herzegovina and Greece, as the average price of a new home is EUR1,417/square meter, up from EUR1,266/square meter more

07.17.2023

2022 soaring prices, from energy to food and from travels to transport, slashed Romanians’ purchasing power, but not companies’ gains. And this during a period when talk about greedflation is more

07.04.2023

Romania's industrial production prices for the total (domestic market and non–domestic market) increased by 7.7% in May 2023 compared with May 2022, data from Romania’s National Statistics more

07.04.2023

The asking prices of the old three-room apartments in Bucharest slowed down in June as the annual growth reached a mere 0.5% or EUR550 year-on-year to EUR109,750, the ZF real estate index compiled in more

05.18.2023

The asking prices of residential properties rose slightly in the first quarter, by 0.3% on the previous quarter and 1.7% on the year-ago period. Cluj-Napoca remained the most expensive city in terms more

04.19.2023

French-held Saint-Gobain paid EUR17 million to buy construction material maker Duraziv from businessman Daniel Guzu in 2021, the group said in its financial report for 2022. more

01.27.2023

Romanian business managers expect relative stability of activity and in the number of employees in manufacturing and services sectors, alongside robust price increases in retail trade, in line with a more

01.05.2023

Industrial production prices increased by 44.8% in Romania in November of 2022 versus the same period of 2021, placing the country third in the European Union, with higher increases recorded only in more

12.19.2022

Holiday spending remains at 2021 level this year, even though 37% of consumers are in a worse financial situation compared to last year and about three-quarters (73%) expect higher prices, according more

12.05.2022

The prices of the old three-room apartments in Bucharest stagnated for the first time in November, after having dropped by EUR500 or 0.5% to EUR107,850 in October, the real estate index compiled by more

11.28.2022

Romania expects to see a new wave of price increases over the next three months and employers talk about an “accentuated” increase in retail prices, in line with data released Monday by the more

10.18.2022

In 2022, Romanian employees focus mostly on increasing their income to cope with price increases (25%), on finding a new job (20%), on professional development (13%), on finding job satisfaction more

10.18.2022

The global economy seems to be settling into a regime of “stagflation” in the short term, where economic stagnation and rapid price rises coexist and, at the same time, the possibility of a global more

10.04.2022

The prices of old three-room apartments in Bucharest went down, on average, by EUR750 or 0.7% to EUR108,350 in September. The decline is higher than the EUR150 registered in August versus July, shows more

09.19.2022

Romanians have adapted their financial behavior in the context of the accelerated increase in inflation, prices and utility bills in recent months, with almost half of them (47%) reducing costs, more

06.22.2022

Azomures, the largest natural gas consumer in Romania and the main fertilizer producer, will temporarily suspend production of ammonia due to natural gas prices, the company said in a press release. more

03.11.2022

France's Orange Group, one of the biggest players in the global communications market, has asked Greece’s OTE to lower the final price for the majority stake in former fixed-line monopoly Romtelecom more