The Romanian real estate market is facing a severe operational freeze after a ransomware attack crippled the National Agency for Cadastre and Land Registration (ANCPI).
The prolonged outage of the agency's applications has halted the verification and registration processes essential for closing property transactions, effectively paralyzing the sector.
Industry representatives warn that the disruption extends far beyond administrative inconvenience.
The Association of Real Estate Agents states that the blockage affects the entire transaction ecosystem, producing a chain reaction of economic effects.
With the registry offline, buyers cannot secure title guarantees, sellers cannot finalize sales, and agents are unable to complete their mandates, leading to a standstill in market activity.
The attack involved the encryption and deletion of parts of the agency's virtualization infrastructure, according to government confirmations.