Romanian Real Estate News – 04/01/23

Romanian Real Estate News

RESIDENTIAL

Several historical monument buildings, as well as residential buildings in Bucharest will be renovated within the National Program for the consolidation of buildings with high seismic risk, carried out by the Ministry of Development, Public Works and Administration, the funding requests for this purpose totaling approximately 620 million RON, the Mayor of the Capital, Nicusor Dan wrote on Facebook on Wednesday (Jan. 4).

CONSTRUCTION

The number of companies delisted at national level increased by 10.88% in January – November 2022, y-o-y, up to 65,503 delistings, the National Trade Registry Office (ONRC) data showed. By field of activity, the largest number of deletions was recorded in wholesale and retail trade, motor vehicle and motorcycle repair – 17,811 (plus 8% compared to January-November 2021), construction – 5,966 (plus 9.25%) and professional, scientific and technical activities – 5,445 (plus 9.51%).

HOTELS

THR Marea Neagra, controlled by Transilvania Investments, announced it has signed leasing contracts for three hotels.