The average total office fit-out costs in Bucharest increased slightly in 2025 to around €1,000 per sqm, according to data from Cushman & Wakefield Echinox. However, Bucharest remains one of the most affordable markets in CEE, with fit-out costs 18% and 15% lower than in Warsaw and Prague, respectively.
The Romanian residential market is currently navigating a complex boomerang effect as construction costs remain resilient despite previous forecasts of a decline, according Dr. Sebastian Sipos-Gug, analyst for Romania at Eastern European Construction Forecasting Association (EECFA).
Construction costs and plot acquisition have become the primary concerns for real estate developers in Central Europe in 2026, affecting 27% and 25% of companies respectively, according to a Deloitte report.
Romania's residential construction sector recorded a 3.1% contraction in 2025 compared to the previous year. The total number of completed dwellings reached 59,062, marking a decrease of 1,916 units from the 60,978 reported in 2024, according to provisional data provided by the National Institute of Statistics (INS).
Royal Town, the residential project in Iași, has announced a new development phase, with construction of the 12th building set to begin in April 2026.
Romania's economy grew 0.7% in real terms in 2025 compared to 2024, though GDP fell 1.9% in Q4 compared to the previous quarter, according to provisional data published by the National Institute of Statistics (INS).
Romania's construction market reached near-record levels in 2025, with work volumes growing almost 8% in the first eleven months compared to the previous year, according to Colliers' annual report. The sector now represents 9% of GDP, the highest share in the European Union and well above the 5% EU average.
Romanian developer Prima Development Group surpassed 5,500 delivered homes at group level across Oradea and Bucharest, and currently has over 3,500 units under construction or in permitting phase.
Building-materials supplier Holcim Romania has announced the acquisition of Uranus Pluton, a granite quarry operator active since 2004 in Cerna, Tulcea County.
Romanian developer Bellemonde has announced the start of construction for Bellemonde Privée, a new residential project in Pipera, near Bucharest.
Family Market Tomești, developed by Iulius, has obtained the building permit, marking a step in the development of the convenience retail concept for the local community.
Cordia Romania, a member of the Futureal Group, has acquired an 8,179 sqm land plot in Bucharest from Bog'Art Place and has begun construction on Centropolitan, a residential project featuring 274 apartments and 3,345 sqm of integrated retail space.
Romanian business managers across key sectors forecast a moderate decline in economic activity for December 2025 to February 2026, according to the latest survey from the INS.
Romanian construction company Bog'Art has published its 2024 Sustainability Report, marking the second year the company voluntarily reports on its ESG performance.
In the East European region, the aggregated construction outlook for next year has remained positive, only the trajectory has changed a little, according to the winter report of the Eastern European Construction Forecasting Association (EECFA).
Romania's economy grew 0.8% on the gross series and 1.4% on the seasonally adjusted series in the first nine months of 2025 compared to the same period in 2024.
Romanian businesses continue to face financial difficulties, with insolvency cases reaching 985 in November 2025.
Globalworth Romania has begun construction of Green Court D, the fourth building in the Green Court complex in Bucharest's Aurel Vlaicu area. The project is scheduled for completion in 2027 and is currently in the preliminary construction stage involving enclosure and basement excavations.
IBC Focus, a company specialising in construction sector data, has begun its internationalisation strategy by expanding into Moldova.
Romania's construction work volume increased by 9.3% in the first nine months compared to the same period in 2024, according to data from the National Institute of Statistics (INS).
Premier Energy has signed an agreement to acquire Distribuție Energie Oltenia (DEO) from funds managed by Macquarie Asset Management for approximately €700 million.
Grup Șerban Holding announced that its subsidiary Interagroaliment has filed for insolvency proceedings on April 15, 2026, due to financial difficulties.
Romania recorded the highest annual inflation rate in the European Union in March 2026, reaching a peak of 9.0%.
The European Commission has opened an in-depth investigation into Romania's planned state support for refurbishing the Cernavoda 1 nuclear reactor, questioning whether the €3.2 billion aid package complies with EU state aid rules.
Vastint Romania, part of Vastint Group, has signed the first lease agreement for the second phase of Timpuri Noi Square (TNS). Scor, a global reinsurer, has selected the project for its permanent operations in Romania, where it will occupy 3,250 sqm.