Tag: construction (74 articles)

Real estate   |   23 June, 2026 at 8:00 AM

EECFA: Eastern European construction growth desynchronises from Southeast

The Eastern European construction market is facing a cooling period of "little less optimism", while Southeast Europe shows signs of stabilizing with a "little less pessimism", according to the Eastern European Construction Forecasting Association (EECFA) 2026 Summer Construction Forecast released on 22 June 2026. Despite the shifting sentiment, both regions are projected to sustain the record-high output levels achieved in 2025 through to 2028.

Real estate   |   16 April, 2026 at 8:46 AM

Bucharest office fit-out, among the most affordable in CEE

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.

Real estate   |   24 March, 2026 at 5:30 PM

Inflation and rising costs squeeze resi margins in Romania

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).

Real estate   |   12 March, 2026 at 4:19 PM

Romania's housing completions dip 3.1% in 2025

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).

Economy   |   6 March, 2026 at 2:00 PM

Romania's economy grows 0.7% in 2025

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).

Real estate   |   19 February, 2026 at 3:30 PM

Romania's construction volume close to new record in 2025

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.

Real estate   |   26 January, 2026 at 8:31 AM

Cordia starts new resi investment in Bucharest

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.

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Energy company Electrica informs investors and the capital market that it has obtained the technical grid connection permits (ATR) for 17 new battery energy storage projects (BESS), with a total capacity of approximately 700 MWh.

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Romanian grid operator to support peak power consumption during heatwave

Romania's national electricity transmission network operator, Transelectrica, has halted scheduled maintenance shutdowns to ensure the grid operates at maximum capacity during an ongoing extreme heatwave. The preventive measures aim to mitigate operational risks associated with severe weather conditions.