Tag: construction (40 articles)

Real estate   |   2 September, 2025 at 9:16 AM

Romanian construction sector hits new headcount record

The Romanian construction market has reached a new historic milestone with 460,000 employees as of the end of May 2025, also marking a 7% increase in the volume of works during the first five months of the year compared to the same period in 2024. 

Real estate   |   23 April, 2025 at 9:48 AM

Romania sees higher construction works in early 2025

Romania's volume of construction work increased in the first two months of the current year, with a 16.7% rise in the unadjusted series, and a 19.5% rise in the series adjusted for working days and seasonality versus 2024, according to data from the National Institute of Statistics (INS).

Real estate   |   25 March, 2025 at 9:35 AM

Central European developers shift focus to labour costs

Construction labour cost and availability have become the primary concerns for real estate developers in Central Europe, according to a new survey by Deloitte. This shift sees it surpassing project financing, which has been the dominant issue in recent years.   

Real estate   |   24 March, 2025 at 10:11 AM

Bucharest grapples with decline in resi permits and completions

Bucharest's residential real estate sector is experiencing a significant downturn, with a notable drop in both permits and completions, raising concerns about the market's trajectory, according to an opinion by Dr. Sebastian Sipos-Gug - Ebuild srl, Eastern European Construction Forecasting Association (EECFA) Romania.

Real estate   |   20 February, 2025 at 9:38 AM

Infrastructure and retail drive Romanian construction in 2025

Romania's construction industry maintained a high level of activity in 2024, despite a slight 4% decrease compared to the previous record year, according to data from the National Institute of Statistics (INS). However, compared to 2018, the volume of construction works was 78% higher during 2024.

Real estate   |   17 December, 2024 at 4:23 PM

Bulgaria to drive growth in EE construction sector in 2025

The biggest growth in Eastern Europe is foreseen in Bulgaria going into 2025, while the rest of the countries are projected to make side moves in the coming years, according to a report by the Eastern European Construction Forecasting Association (EECFA).

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Hornbach to open fourth store in Bucharest

DIY retailer Hornbach will inaugurate its tenth local store on September 3. The new location, the fourth in Bucharest, represents an investment of more than €48 million.