04.24.2014

National housing agency ANL sold, between October and April, 380 apartments via the “First Home” mortgage lending program, totaling RON37 million, almost similar with the agency’s total sales more

04.04.2014

The Brasov plant of Germany’s luxury home appliances producer Miele has come to manufacture 4 million electronic units (home appliances parts) per annum and its revenue hit EUR27 million in 2013, up more

03.27.2014

Romania may become production hub for home appliances in the coming years, as several large producers have voiced their interest in expanding existing plants or opening new units. The cheap and more

02.25.2014

Romanian lender BRD Groupe Societe Generale has received a new guarantee ceiling of RON320 million from the guarantee fund for SMEs and may grant a total RON640 million in mortgage loans under the more

02.20.2014

Romania’s largest bank BCR, a unit of Austrian Erste Group Bank AG (EBS.RO) raised its guarantee ceiling for government-backed “First Home” mortgage lending program by 252 million lei (EUR56.1 more

01.09.2014

The Romanian Government alloted 2 billion lei (EUR444 million) for the “First Home” mortgage lending program this year, out of which RON740 million are funds unused in 2013, according to the more

12.30.2013

New housing sales this year in Romania were mainly driven by the government-backed “First Home” mortgage lending program and developers are counting on the program to continue in 2014. more

11.13.2013

What are the new profits that can be made in the residential sector? Business Construct magazine sought an answer to this question by talking to the developer, the constructor and the project manager more

11.06.2013

The Romanian Pool of Insurance against Natural Disasters (PAID) issued 107,000 mandatory home insurance policies in October and increased its portfolio to over 530,000 contracts, up 25% on the month. more

10.15.2013

The Romanian Pool of Insurance against Natural Disasters (PAID), which issues mandatory home insurance policies, might be listed on the stock exchange to increase its capitalization, Daniel Tudor, more

10.09.2013

Most of wall and floor tile sales go to the residential market, which is currently frozen because of how difficult it is to get a loan and because of the lack of economic policies to encourage more

10.01.2013

Romania’s major household appliances market is expected to grow by 4% to 5% in 2013 and exceed the threshold of EUR300 million following a 10% increase in product prices, Whirpool Romania’s more

09.18.2013

Israeli company AFI Europe, owner of AFI Palace Cotroceni mall in Bucharest, is building a 800 square-meter extension of the H&M store. In the extension the retailer will sell both clothes and home more

09.17.2013

Prices of homes in Romania fell some 7% in the first eight months of the year and Bucharest registered the highest price decrease, according to imobiliare.ro. more

09.11.2013

Home prices in Cyprus, Greece and Romania registered the sharpest declines in Europe in the first half of 2013 compared with the similar interval a year ago, according to a survey conducted by more

09.10.2013

The Romanian Pool of Insurance Against Natural Disasters (PAID) issued nearly 105,000 mandatory home insurance policies in August, reaching a portfolio of 421,707 contracts, up 33.1% from July 31. more

09.03.2013

Apartment rents in Bucharest fell by up to 4% in August, as 10% more apartments were up for rent last month compared with the similar interval a year ago, according to website anunturiparticulari.ro. more

08.29.2013

Construction firm HoneyWood, which entered Romania this spring, hopes to sell locally 30 to 50 eco-homes made of wood annually in the following four years. more

08.13.2013

Romania’s government will increase funding for this year’s edition of the state-guaranteed First Home mortgage lending program by extra 200 million lei (EUR45.2 million) for the acquisitions of more

08.07.2013

Insurers that are not part of the Romanian Pool of Insurance Against Natural Disasters (PAID) will be allowed to sell mandatory home insurance policies under collaboration protocols with PAID, the more

08.01.2013

“First home” mortgage loans, which will be granted only in lei according to the latest changes to the state-guaranteed mortgage lending program, could go up by an average 8%, considering the new more

07.30.2013

Romania will increase funding for the state-guaranteed First Home mortgage lending program by 1 billion lei (EUR227 million), of which RON300 million will be available for the acquisition of homes more

07.16.2013

Real estate developer Maurer Imobiliare will start developing a residential compound with 1,600 homes in Sibiu in July on a 10-hectare plot of land it bought this year. more

06.25.2013

Romanian authorities are looking to increase funding for the state-guaranteed First Home mortgage lending program, as current financing is estimated to be depleted in September-October, and a decision more

06.19.2013

Over 70% of Romanians interested in buying a home want to make the acquisition through the state-guaranteed First Home program, as they are not eligible for other mortgage loans, therefore home prices more