Romania places fourth in the ranking of European countries with the cheapest housing, after Turkey, Bosnia and Herzegovina and Albania, with an average price of EUR1,676/sqm in 2024, up 11.5% from EUR1,504/sqm in 2023, according to Deloitte Property Index 2025, conducted in the main cities in 28 countries (out of which 21 in the European Union).
Romania’s unemployment rate remained unchanged at 5.8% in July 2025 compared with June 2025, data from the country’s statistical office INS show on Monday (September 1, 2025).
The former Mercedes VP comes to manage the electrification of the Romanian brand at a time marked by major personnel turnover at the helm of Renault group.
Five-star Vega hotel of Mamaia, controlled by Constanta businessman Gabriel Comanescu, owner of GSP Offshore, has filed for insolvency.
Fintech startup MetaWealth has announced that the total value of investments carried out in the wake of the framework agreement signed in 2024 with One United Properties, which related to rental apartments part of the Romanian real estate developer’s portfolio, has reached EUR21.3 million, above the initial EUR20 million estimate.
Energy supplier Premier Energy announced that in the first six months of 2025 the group’s normalized revenues rose by 49% from the year-earlier period to EUR797.5 million, while normalized EBITDA went up by 21% to EUR64.6 million.
Simtel Team, a leading local player in the field of renewable energy, has appointed Mihai Velicu as chief financial officer of the group.