Romania Updates Its Construction Laws To Encourage Real Estate Development And Reduce Administrative Hurdles

Romania has drastically simplified its administrative rules regarding the construction of new buildings, including the issuance of permits. The changes are designed to reduce bureaucratic hurdles and encourage even more domestic construction. The changes have been welcomed by many to improve a relatively out-of-date framework. The amendments are likely to grease the wheels for further real estate development. You can download and read more about the details and our analysis below.